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AUD/USD

  • #62,941
  • Aug 26, 2013 5:32pm Aug 26, 2013 5:32pm
Quoting dragon88
everything is pointing up but it feels like the instos are just shaking out retailers since there are too many longs atm. interest rate cut is not on the agenda this year... rba minutes showed no indication of it commodities prices are bouncing back china came out with better than expected manufacturing weakness in USD all technicals are showing a retracement of the drop from 1.05 feels like its gonna explode upwards sometimes this week.
Really? Actually, Glenn Steven mentioned on several recent statements that Aussie dollar is still too high and will be encouraged to lower it to spark demand. Also, inflation data leaves room for additional cuts.
When the facts change I change my mind, what do you do sir
  • #62,942
  • Aug 26, 2013 5:32pm Aug 26, 2013 5:32pm
Aud H1 Robot Sold 30 minutes ago.............
Attached Image (click to enlarge)
Click to Enlarge Name: robot in aud.JPG Size: 187 KB
The More You Learn, The More You Earn.....
  • #62,943
  • Aug 26, 2013 5:39pm Aug 26, 2013 5:39pm
Gold is up, but Aussie is down?

Isn't Gold co-related to Aussie?
The true fact is market doesn't care, risk mgt is important.
  • #62,944
  • Aug 26, 2013 5:40pm Aug 26, 2013 5:40pm
Quoting k3nshinz3139
{quote} Nice waterfall chart Thank you 2+2=4ex
Waterfall. I like that. Thank you.
Attached Image
  • #62,945
  • Aug 26, 2013 5:45pm Aug 26, 2013 5:45pm
Quoting 2+2=4ex
{quote} Waterfall. I like that. Thank you. {image}
You're welcome. Look like Paradise
  • #62,946
  • Aug 26, 2013 5:47pm Aug 26, 2013 5:47pm
Quoting Ssm
Gold is up, but Aussie is down? Isn't Gold co-related to Aussie?
Syria rumour cause the gold rise.. Aussie is always downside since April..
  • #62,947
  • Aug 26, 2013 5:50pm Aug 26, 2013 5:50pm
Quoting Ssm
Gold is up, but Aussie is down? Isn't Gold co-related to Aussie?
Gold responds to a multitude of things. Apparently, geo-political risk. Rose recently with Egypt. Rumors of US strike against Syria soon. Inflation, or because traders want to send it one way or another.
When the facts change I change my mind, what do you do sir
  • #62,948
  • Aug 26, 2013 5:54pm Aug 26, 2013 5:54pm
Short at 0.89863, tp at 0.895. Since there no data can help AUD atm, plus with syria chemical warfare is freaking investor out. With daily still strong bear and 4H just change to bear...
Logics do not apply in FOREX
  • #62,949
  • Aug 26, 2013 5:55pm Aug 26, 2013 5:55pm
The controlled decline of the Aussie dollar is like an airplane landing. Not too steep, not too shallow. Just a smooth angled descent.
Attached Image (click to enlarge)
Click to Enlarge Name: AU Airplane Descent.png Size: 35 KB
  • #62,950
  • Aug 26, 2013 8:18pm Aug 26, 2013 8:18pm
Most of the Aussie pairs have pulled back into some major Support Levels. Anybody with a solid Stop Loss positioned on their plays should be confident in going Long.

AUDNZD: Pulling back into the 4-Hour 200-ma OR possibly the Daily 20-ma before moving higher.
AUDUSD: If we break this previous Daily Low, then we are in some trouble, but AUDUSD will follow behind the AUDNZD so just be confident in your Long position.

*Pullbacks are more than a GREAT thing, because it gives traders the opportunity to risk less, and pay off bigger on the reward side. Its the INHALE of the market taking a break before EXHALING out further to success.

BE CONFIDENT!!!
  • #62,951
  • Aug 26, 2013 8:31pm Aug 26, 2013 8:31pm
Quoting INvestME
Most of the Aussie pairs have pulled back into some major Support Levels. Anybody with a solid Stop Loss positioned on their plays should be confident in going Long. AUDNZD: Pulling back into the 4-Hour 200-ma OR possibly the Daily 20-ma before moving higher. AUDUSD: If we break this previous Daily Low, then we are in some trouble, but AUDUSD will follow behind the AUDNZD so just be confident in your Long position. *Pullbacks are more than a GREAT thing, because it gives traders the opportunity to risk less, and pay off bigger on the reward side....
  • #62,952
  • Aug 26, 2013 9:32pm Aug 26, 2013 9:32pm
Pretty bearish-looking day.

I won't be surprised if we retest the lows today or tomorrow.
  • #62,953
  • Aug 26, 2013 9:56pm Aug 26, 2013 9:56pm
Quoting JollyBean
Pretty bearish-looking day. I won't be surprised if we retest the lows today or tomorrow.
Well this really looks like it posed for another down run, we will probably wait and see how it plays out by the end of the week.
  • #62,954
  • Aug 26, 2013 10:01pm Aug 26, 2013 10:01pm
still hopes aussie will free fly today..
  • #62,955
  • Aug 26, 2013 10:14pm Aug 26, 2013 10:14pm
Quoting nobrain
still hopes aussie will free fly today..
Oh it will. It's flying south for the winter
When the facts change I change my mind, what do you do sir
  • #62,956
  • Aug 26, 2013 10:24pm Aug 26, 2013 10:24pm
Quoting Danny Maina
{quote} Well this really looks like it posed for another down run, we will probably wait and see how it plays out by the end of the week.
Probably 0.8950
Logics do not apply in FOREX
  • #62,957
  • Aug 26, 2013 10:24pm Aug 26, 2013 10:24pm
AUS_Sep : It will Give you Good point to trade for Long and its time to Earn $$$ On AUS
my Pending Order Long from 0.89200 / 0.8905/ 088750 TP Open
You Guys Best of Luck
  • #62,958
  • Aug 26, 2013 10:35pm Aug 26, 2013 10:35pm
Hi sir, what if it don't break support and move up?
  • #62,959
  • Aug 26, 2013 10:35pm Aug 26, 2013 10:35pm
long 8957/8959

tight sl

lets go baby
Be hopeful in a winning position, and fearful in a losing position.
  • #62,960
  • Aug 26, 2013 10:38pm Aug 26, 2013 10:38pm
Quoting Rag2RichesFX
long 8955 tight sl lets go baby

Hey Rag i see you here as well. I never trade ausee and suddenly decide to try, of course i am in negative now. Any good strategy or indicators you could recommend for me? I will really appreciate it!!
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