AUD/USD | Page 3101 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply

The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies

AUD Trade Balance and AUD Retail sales 6 replies

Attachments: AUD/USD
Exit Attachments

AUD/USD

  • #62,001
  • Aug 8, 2013 6:39am Aug 8, 2013 6:39am
Quoting meth
This is a bottom, no use to keep shorting AUD. The bottom was materialized right after the RBA spoke. Now we have massive shorts pilled in so when they realize the first to get out is the winner, aud will be on this upside risk all the time.
Are you sure about that?

http://www.forexcrunch.com/audusd-te...wave-analysis/
  • #62,002
  • Aug 8, 2013 6:45am Aug 8, 2013 6:45am
Inside bar/outside bar setup both on daily and 12-hour.

Shorts should be very careful...
  • #62,003
  • Edited 7:19am Aug 8, 2013 6:56am | Edited 7:19am
Quoting samirs
{quote} you seem to be in yo yo mode
It hit my SL, what can I do!
Well, for long term I am now in the long mode...
Price : 0.90719
Tp: 0.90919
Sl: 0.90520
  • #62,004
  • Aug 8, 2013 6:59am Aug 8, 2013 6:59am
Quoting Red Herring
{quote} It hit my SL, what can I do! Well, for long term I am now in the long mode... Price : 0.90719 Tp: 0.90919 Sl: 0.90651
SL is really tight
Logics do not apply in FOREX
  • #62,005
  • Aug 8, 2013 7:06am Aug 8, 2013 7:06am
cashing out those audusd longs looking for a little lower entry for next weeks continuation to 9225/9300
Be hopeful in a winning position, and fearful in a losing position.
  • #62,006
  • Aug 8, 2013 7:13am Aug 8, 2013 7:13am
Long at 0.907 tp at 0.915
Logics do not apply in FOREX
  • #62,007
  • Aug 8, 2013 7:15am Aug 8, 2013 7:15am
monetary tightening in September, USD KING one month time to collect good short on EUR USD, etc.
  • #62,008
  • Aug 8, 2013 7:16am Aug 8, 2013 7:16am
i see it is in a nice area to short.
As Above, So Below
  • #62,009
  • Aug 8, 2013 7:21am Aug 8, 2013 7:21am
Quoting bskwak1124
{quote} SL is really tight
You are right
Feeling that I have to keep my position open more than a day, I have changed my SL to 0.90520
It should be fine now to play...
  • #62,010
  • Aug 8, 2013 8:15am Aug 8, 2013 8:15am
Quoting 2+2=4ex
{quote} No it should not be heading the other way right now. Keep in mind, banks, large funds and other major players position themselves ahead of announcements made by central banks, not after the announcement. They usually begin doing this months in advance. They position themselves to guard against worst case scenarios. Look at a weekly chart and you will see these large market players began their move in April. Apparently these main market participants started becoming confident of a rate cut at about that time. The confidence grew as the announcement...

Is there a way we can exploit this?
  • #62,011
  • Aug 8, 2013 8:16am Aug 8, 2013 8:16am
10 hrs ago, I wrote:
Quoting Ssm
.9035 broken, see if it can stay with a close. If so, next resistance will be .9126 level.
Now:
Seems that PA unable to break .91 level. Rallies closing to 91 level are quickly being sold down. If this level broken, next resistance at .9126 - 36.
The true fact is market doesn't care, risk mgt is important.
  • #62,012
  • Aug 8, 2013 8:43am Aug 8, 2013 8:43am
Quoting Avir
Todays's MT4 Temlate AU Other pairs here http://www.forexfactory.com/showthre...85#post6877985

Avir, how do we use it to make trading decision? What do all the lines mean?
  • #62,013
  • Aug 8, 2013 9:12am Aug 8, 2013 9:12am
Unless the 1H chart close below 0.90633, I do not think Bull will stop and bear needs to be very careful, 0.91236 would be vital point to determine if this correction can continue up to 0.93XX.
  • #62,014
  • Aug 8, 2013 9:50am Aug 8, 2013 9:50am
This rally has some legs
  • #62,015
  • Aug 8, 2013 9:57am Aug 8, 2013 9:57am
look here for a possible short
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-08-08_105609.png Size: 21 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #62,016
  • Aug 8, 2013 9:59am Aug 8, 2013 9:59am
Quoting edindzeko
This rally has some legs
May see some pull back. I don't think it is anything more than a squeeze. AUD monetary statement out tonight, which may try and talk down the currency. The dollar sold off, but IMO may begin to bottom near 80.25-50. If a taper should happen, I would think this would be good for the dollar. The US data hasn't been out of this world, but it's better than Australia's.

I also think the spike in yen has a lot to do with it. BoJ may intervene at some point because if they are as dedicated as they say they are these spikes can't be happening.
When the facts change I change my mind, what do you do sir
  • #62,017
  • Aug 8, 2013 10:00am Aug 8, 2013 10:00am
Quoting eaglestar
look here for a possible short {image}
Agreed, there or bouts.
When the facts change I change my mind, what do you do sir
  • #62,018
  • Aug 8, 2013 10:07am Aug 8, 2013 10:07am
Quoting eaglestar
look here for a possible short {image}
I've been waiting for this exact idea to trigger all day
Anything can happen.
  • #62,019
  • Aug 8, 2013 10:10am Aug 8, 2013 10:10am
Quoting ddinnov
{quote} I've been waiting for this exact idea to trigger all day
I am still waiting for a back test for 0.9040 area and stop at 0.8980, tp 0.9280 if 4H still shows the uptrend in this short-term.
  • #62,020
  • Aug 8, 2013 10:13am Aug 8, 2013 10:13am
Quoting eaglestar
look here for a possible short {image}
Kiss of Death ????????????????
31 traders viewing now