Attachments: AUD/USD

AUD/USD

#63,621
Sep 2, 2013 9:35am Sep 2, 2013 9:35am

Ssm
| Joined Jul 2011 | Status: Trader | 911 Posts

Quoting fxtyrant

Disliked

{quote} uhhh no.... Australia is an exporter of raw material, coal and fuel.... so really Australia doesn't care if oil is at such high price.... besides the weakened AUDUSD is already enough attraction for a lot of foreign importers to buy Australian Exported goods...

Ignored

Eg. Again China and Asian countries hungry to grow their infrastructure.

The low Aussie might be a good opportunity for them to restock.

The true fact is market doesn't care, risk mgt is important.

#63,622
Sep 2, 2013 9:36am Sep 2, 2013 9:36am

JeremyWS
Joined Oct 2010 | Status: Trader | 1,654 Posts

Quoting edindzeko

Disliked

{quote} Doesn't a low AUDUSD affect Aussies at the pump though? Serious question

Ignored

Oil in AUD

was up 43% YTD

Attached Image (click to enlarge)

Click to Enlarge

Name: AUD OIL.png
Size: 85 KB

#63,623
Sep 2, 2013 9:37am Sep 2, 2013 9:37am

edindzeko
| Joined Apr 2013 | Status: Trader | 777 Posts

Break of 8970 and I'm looking to get short, still holding my long for the time being but might get out of the way...

I see it dropping for the rest of the day before the big bounce in 14 hours.

What you guys thinking? Just taking a breather or rolling over for the day?

#63,624
Sep 2, 2013 9:38am Sep 2, 2013 9:38am

edindzeko
| Joined Apr 2013 | Status: Trader | 777 Posts

Quoting JeremyWS

Disliked

{quote} Oil in AUD was up 43% YTD {image}

Ignored

Thanks for the chart m8, guess that answers the question

#63,625
Sep 2, 2013 10:09am Sep 2, 2013 10:09am

Wave_Rider
| Joined Sep 2013 | Status: Trader | 1 Post

New poster here but been trading off/on for 2 years. Just popping in to say hello. Looking to buy a dip on this pair because tomorrow morning I think we see get a catalyst to move above 90 w/ RBA commentary. Most US news is forecast to come in poorly also so that should help.

#63,626
Sep 2, 2013 10:49am Sep 2, 2013 10:49am

edindzeko
| Joined Apr 2013 | Status: Trader | 777 Posts

What do you guys think about the coming election?

Abbott or Rudd, which is better for AUD?

#63,627
Sep 2, 2013 11:29am Sep 2, 2013 11:29am

edindzeko
| Joined Apr 2013 | Status: Trader | 777 Posts

It was boring for a while, and now we see some increased selling...

#63,628
Sep 2, 2013 12:26pm Sep 2, 2013 12:26pm

santuary123
| Joined Aug 2013 | Status: Trader | 199 Posts

Quoting edindzeko

Disliked

It was boring for a while, and now we see some increased selling...

Ignored

Yeah since US market open many people sell @@

I want to see in release news retail sales & cash rate.. Can aud break to .905?? @@

#63,629
Sep 2, 2013 12:54pm Sep 2, 2013 12:54pm

Pip Anon
Joined Jan 2013 | Status: Trading defies logic | 4,643 Posts

Quoting santuary123

Disliked

{quote} Yeah since US market open many people sell @@ I want to see in release news retail sales & cash rate.. Can aud break to .905?? @@

Ignored

There was no US market. It's a holiday

When the facts change I change my mind, what do you do sir

#63,630
Sep 2, 2013 1:02pm Sep 2, 2013 1:02pm

edindzeko
| Joined Apr 2013 | Status: Trader | 777 Posts

Been reading about the election since its such a slow trading day.

Seems like if Abbott wins it will be good for business, and probably good for AUDUSD.

Can anyone comment?

#63,631
Sep 2, 2013 2:31pm Sep 2, 2013 2:31pm

samirs
| Joined May 2012 | Status: Trader | 140 Posts

why is AUD moving up so sharp in quiet markets

#63,632
Sep 2, 2013 2:35pm Sep 2, 2013 2:35pm

tony95
| Joined Mar 2013 | Status: Trader | 184 Posts

Quoting samirs

Disliked

why is AUD moving up so sharp in quiet markets

Ignored

Eager beavers? I have yet to find a place to enter long.

#63,633
Sep 2, 2013 2:47pm Sep 2, 2013 2:47pm

Nemojimmy
| Joined Jul 2013 | Status: Trader | 3 Posts

In my opinion it looks like it will go up a little bit.Just look on D1.

#63,634
Sep 2, 2013 2:48pm Sep 2, 2013 2:48pm

edindzeko
| Joined Apr 2013 | Status: Trader | 777 Posts

Quoting tony95

Disliked

{quote} Eager beavers? I have yet to find a place to enter long.

Ignored

Look harder? There was just a nice pullback...

#63,635
Sep 2, 2013 2:50pm Sep 2, 2013 2:50pm

samirs
| Joined May 2012 | Status: Trader | 140 Posts

Quoting edindzeko

Disliked

{quote} Look harder? There was just a nice pullback...

Ignored

did you buy in to it? i thought you were gonna short below 8970 and close longs

#63,636
Sep 2, 2013 2:51pm Sep 2, 2013 2:51pm

tony95
| Joined Mar 2013 | Status: Trader | 184 Posts

Quoting edindzeko

Disliked

{quote} Look harder? There was just a nice pullback...

Ignored

I agree, but I do not trade when the futures markets are closed or closing.

#63,637
Sep 2, 2013 3:02pm Sep 2, 2013 3:02pm

santuary123
| Joined Aug 2013 | Status: Trader | 199 Posts

Quoting Pip Anon

Disliked

{quote} There was no US market. It's a holiday

Ignored

Oyeah forgot US holiday @@

Can i ask 1 question?I cant understand..
"why from morning till evening (Indonesian time) is still up trend then when the night being down trend?

Oyeah i want give my analysis.. Please correct if my analysis wrong sir..

If retail sales + cash rate good for ausi i think can go to .905 but my 1st target is .902 if can break 2nd target is .905
Then if GDP & trade balance for ausi nice too + bad news for US can go to 0.92 (3rd my target)..

But i'm want see how many points are going up and down when the news GDP (Ausi) vs Trade Balance (US).. Which is more powerful when the news is good for each country??

Attached Image (click to enlarge)