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  • #822,681
  • Aug 7, 2013 10:14pm Aug 7, 2013 10:14pm
Quoting forexalien
{quote} so it looks like you have hit resistance then ?
and my aussie long played pretty well now.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,682
  • Aug 7, 2013 10:16pm Aug 7, 2013 10:16pm
A/U back to previous range
  • #822,683
  • Aug 7, 2013 10:17pm Aug 7, 2013 10:17pm
Quoting ffleo
{quote} and my aussie long played pretty well now.
i love the up spike twice today. if it would spike down, fine, i would reload long. now i just wait for it to retrace to load long again.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,684
  • Aug 7, 2013 10:20pm Aug 7, 2013 10:20pm
Quoting ffleo
{quote} i love the up spike twice today. if it would spike down, fine, i would reload long. now i just wait for it to retrace to load long again.
it is up about 80 pips already. not much gas left. wait for it to retrace to load long again
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,685
  • Aug 7, 2013 10:21pm Aug 7, 2013 10:21pm
Quoting Ken A
A/U back to previous range

Hey Ken, what is going on? Data was bad for China but Aussie has gone to the moon?
Money never sleeps...
  • #822,686
  • Aug 7, 2013 10:23pm Aug 7, 2013 10:23pm
Quoting inpatient
{quote} Hey Ken, what is going on? Data was bad for China but Aussie has gone to the moon?
real data does not matter. it is just a trigger.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,687
  • Aug 7, 2013 10:23pm Aug 7, 2013 10:23pm
Quoting inpatient
{quote} Hey Ken, what is going on? Data was bad for China but Aussie has gone to the moon?

you have check detail
as i posted
Inserted Code
Exports +5.1% y/y: expected +2.0%, prior -3.1%
Imports +10.9% y/y: expected +1.0%, prior -0.7%

china import our export and data not actually bad
Mohan
  • #822,688
  • Aug 7, 2013 10:26pm Aug 7, 2013 10:26pm
Quoting ffleo
{quote} real data does not matter. it is just a trigger.
they can always interpret the data in two ways. players set up the play days ago, they just trigger it at the time data is released.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,689
  • Aug 7, 2013 10:27pm Aug 7, 2013 10:27pm
Quoting mohan76
{quote} DEvil in detail Exports +5.1% y/y: expected +2.0%, prior -3.1% Imports +10.9% y/y: expected +1.0%, prior -0.7%
your bull is doing pretty good bro, wish you got some green pip, pretty nice inverted H&S on 1hr might start looking into 91ish geppy back to 150 cable frozen, and kiwi looking to track albeit late aussie my eu trade fuk new I should leave her alone till euro session, still in but barely making crumbs so far
kiwi just tap back todays open might have another go at her, 7968 got august open just above 7976, virtually same trade as this mornings open
If you are new to Forex? Say Goodbye to your account!!
  • #822,690
  • Aug 7, 2013 10:28pm Aug 7, 2013 10:28pm
Quoting KiwiTrada
{quote} your bull is doing pretty good bro, wish you got some green pip, pretty nice inverted H&S on 1hr might start looking into 91ish geppy back to 150 cable frozen, and kiwi looking to track albeit late aussie my eu trade fuk new I should leave her alone till euro session, still in but barely making crumbs so far kiwi just tap back todays open might have another go at her, 7968 got august open just above 7976, virtually same trade as this mornings open

i closed before data
Mohan
  • #822,691
  • Aug 7, 2013 10:29pm Aug 7, 2013 10:29pm
Quoting mohan76
{quote} you have check detail as i posted Exports +5.1% y/y: expected +2.0%, prior -3.1% Imports +10.9% y/y: expected +1.0%, prior -0.7% china import our export and data not actually bad

thanks Mohan
Money never sleeps...
  • #822,692
  • Aug 7, 2013 10:31pm Aug 7, 2013 10:31pm
Quoting inpatient
{quote} Hey Ken, what is going on? Data was bad for China but Aussie has gone to the moon?
unless it is long term data like rate cut, short term data does not matter that much. technicals rule over short term data.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,693
  • Aug 7, 2013 10:32pm Aug 7, 2013 10:32pm
Quoting inpatient
{quote} Hey Ken, what is going on? Data was bad for China but Aussie has gone to the moon?
No, have a look at the breakdown more import than export hence the red trade balance for China but good for Aussie

Yuan bearish
AUD bullish

If China Trade balance is green the reverse effects

Quoting mohan76
{quote} DEvil in detail

Exports +5.1% y/y: expected +2.0%, prior -3.1% I
mports +10.9% y/y: expected +1.0%, prior -0.7%
  • #822,694
  • Aug 7, 2013 10:39pm Aug 7, 2013 10:39pm
Quoting inpatient
{quote} Hey Ken, what is going on? Data was bad for China but Aussie has gone to the moon?

  1. Exports +5.1% y/y: expected +2.0%, prior -3.1%
  2. Imports +10.9% y/y: expected +1.0%, prior -0.7%

Import grew 10.9%, ie. China is Aussie biggest importer, therefore means China is importing more Aussie.

The true fact is market doesn't care, risk mgt is important.
  • #822,695
  • Aug 7, 2013 10:44pm Aug 7, 2013 10:44pm
Quoting ffleo
{quote} a few people playing aussie here. yes it is at resistance and i took partial profit already. reloading at retrace and taking partial profit at resistance. rinse and repeat until it reach 0.91.
It have been a great night for riding the waves......................
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The More You Learn, The More You Earn.....
  • #822,696
  • Aug 7, 2013 10:44pm Aug 7, 2013 10:44pm
.
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The More You Learn, The More You Earn.....
  • #822,697
  • Aug 7, 2013 10:47pm Aug 7, 2013 10:47pm
Quoting KiwiTrada
{quote} your bull is doing pretty good bro, wish you got some green pip, pretty nice inverted H&S on 1hr might start looking into 91ish geppy back to 150 cable frozen, and kiwi looking to track albeit late aussie my eu trade fuk new I should leave her alone till euro session, still in but barely making crumbs so far kiwi just tap back todays open might have another go at her, 7968 got august open just above 7976, virtually same trade as this mornings open
But good for EUR/NZD short
  • #822,698
  • Aug 7, 2013 10:47pm Aug 7, 2013 10:47pm
Quoting ffleo
{quote} i love the up spike twice today. if it would spike down, fine, i would reload long. now i just wait for it to retrace to load long again.
actually there was one spike down when australia data was released and i reloaded longs there. when chinese data was release the thing spiked up and i took partial profit. still have some longs on hands to close them around aussie 0.91. will reload more longs at retrace.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #822,699
  • Aug 7, 2013 10:49pm Aug 7, 2013 10:49pm
Quoting KiwiTrada
{quote} your bull is doing pretty good bro, wish you got some green pip, pretty nice inverted H&S on 1hr might start looking into 91ish geppy back to 150 cable frozen, and kiwi looking to track albeit late aussie my eu trade fuk new I should leave her alone till euro session, still in but barely making crumbs so far kiwi just tap back todays open might have another go at her, 7968 got august open just above 7976, virtually same trade as this mornings open
cable and CAD not moving

no one can hold cable monster for long soon (frany)
Attached Image
Mohan
  • #822,700
  • Aug 7, 2013 10:50pm Aug 7, 2013 10:50pm
Quoting mohan76
{quote} DEvil in detail
Exports +5.1% y/y: expected +2.0%, prior -3.1%
Imports +10.9% y/y: expected +1.0%, prior -0.7%
This might temporarily relieve Nikkei downward correction so as all Asian Indices
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