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AUD/USD

  • #64,281
  • Sep 6, 2013 6:02am Sep 6, 2013 6:02am
With new government to be announced in 24 hours, it will certainly give aud a bounce so i think we open quite higher monday than we close the week and rally will continue next week
  • #64,282
  • Sep 6, 2013 6:11am Sep 6, 2013 6:11am
Quoting SpartanTrade
With new government to be announced in 24 hours, it will certainly give aud a bounce so i think we open quite higher monday than we close the week and rally will continue next week
What is your rationale that rally will continue when new government is announced?
The true fact is market doesn't care, risk mgt is important.
  • #64,283
  • Sep 6, 2013 6:16am Sep 6, 2013 6:16am
I'm lookin at AUD and NZD failing to have 4 hour closes above .92 and .8 respectively currently Kiwi is getting rejected at bottom of weekly cloud all signs point to bearishness not bullishness at this point
  • #64,284
  • Sep 6, 2013 6:18am Sep 6, 2013 6:18am
we could retrace all gains due to massive profit taking no one is going to want to be short dollar with Syrian war on the horizon
  • #64,285
  • Sep 6, 2013 6:24am Sep 6, 2013 6:24am
Quoting SpartanTrade
With new government to be announced in 24 hours, it will certainly give aud a bounce so i think we open quite higher monday than we close the week and rally will continue next week
that's if the Liberal wins
luck is a loser's excuse
  • #64,286
  • Sep 6, 2013 6:26am Sep 6, 2013 6:26am
Quoting moodie
{quote} that's if the Liberal wins
What is it so? Care to explain?
The true fact is market doesn't care, risk mgt is important.
  • #64,287
  • Sep 6, 2013 6:32am Sep 6, 2013 6:32am
normally the business community has more confidence in them due to their policies like abolishing carbon tax...
luck is a loser's excuse
  • #64,288
  • Sep 6, 2013 6:39am Sep 6, 2013 6:39am
Short from 920 area looks attractive right now. Several tries to break through have failed...
  • #64,289
  • Sep 6, 2013 6:39am Sep 6, 2013 6:39am
Quoting moodie
{quote} that's if the Liberal wins
Pre-voting and postals are indicating 71% Liberal and 28% to Labor (left) which suggests Liberal / National Party will romp home. BTW pre-voting is at record levels which is interesting and might mean people made up their minds long ago.
  • #64,290
  • Sep 6, 2013 6:40am Sep 6, 2013 6:40am
Quoting Fx-gtg
I am buying audusd 0.8896 and nzdusd 0.7725
It sure was a great trade. although i closed too early if not i will be sitting on +600 pips both trades.
  • #64,291
  • Sep 6, 2013 6:42am Sep 6, 2013 6:42am
AUS_Sep Its a bad day for me B cz my sell is still open and now Running with Big lose , Last day I got AUS at 9112 But Didnt close my sell which i placed from 9104 my TP is *9070 and now AUS moving up side and i hope it will hit 9250 and may B next week AUS make new high so i think 1st time in AUS trade i will bok my Lose
But Over All its OK b cz this Pair gave me Lot of Money
1st Time i will bok lose
what u guys think about AUS ? it will hit 9070 next week or not ??
12 _Sep is the last day AUS_Sep Contract
  • #64,292
  • Sep 6, 2013 6:46am Sep 6, 2013 6:46am
Quoting Malik taxila
AUS_Sep Its a bad day for me B cz my sell is still open and now Running with Big lose , Last day I got AUS at 9112 But Didnt close my sell which i placed from 9104 my TP is *9070 and now AUS moving up side and i hope it will hit 9250 and may B next week AUS make new high so i think 1st time in AUS trade i will bok my Lose But Over All its OK b cz this Pair gave me Lot of Money 1st Time i will bok lose what u guys think about AUS ? it will hit 9070 next week or not ?? 12 _Sep is the last day AUS_Sep...
U should have cut ur losses when I told u to. Too much uncertainty heading into the weekend b/c of elections. My next big prophecy will be for the FOMC.
The best dam pilot in the sky
  • #64,293
  • Sep 6, 2013 6:48am Sep 6, 2013 6:48am
lol Obama is about to drop bombs on Syria even if AUD gaps up guessing it will close pretty fast
  • #64,294
  • Sep 6, 2013 6:51am Sep 6, 2013 6:51am
.
  • #64,295
  • Sep 6, 2013 6:55am Sep 6, 2013 6:55am
Quoting AJhustler88
{quote} U should have cut ur losses when I told u to. Too much uncertainty heading into the weekend b/c of elections. My next big prophecy will be for the FOMC.

You Mean I should close my trade with Lose
But I need little wait so that i can recover little amount
its hard to Recover full amount B cz i have short time 13_SEP is last day i my trade closing date is 112_Sep
Do you have any Idea where Market will move ?
My Opinion is AUS_Sep will hit 9250
then back and if break 90xx then it will hit 8965 soon
  • #64,296
  • Sep 6, 2013 7:14am Sep 6, 2013 7:14am
Hey guys, so ive gone away for 2 days.. cleared my head... came back and last time after taking profit on AUDUSD and NZDUSD i was holdign on to GBPCAD...

Held my GBPCAD shorts through NFP.
Longed EURUSD due signal prior to NFP
Shorted USDCHF due to EURUSD USDCHF correlation...

the trades are making me wet....

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #64,297
  • Sep 6, 2013 7:19am Sep 6, 2013 7:19am
Quoting fxtyrant
{quote} Yes NFP is on the first Friday of every new month.... just take care.... the market is already heavily pricing in on a September tapering so heavy that the fed could play tricks and say that the data has been inconsistent.... or given the current situation with Syria might be premature to taper so soon.... so the Risk of Surprise is one towards a delay in Fed Tapering to December.... for me... I just avoid playing anything USD related before NFP... in fact Thursday we have US unemployment claims which is an early indicator of NFP....

Warning signs were given few days before.. that the real risk wasnt tapering but rather the fact that theres no tapering in september....

but then again.... somebody said im trading demo account and that im 21 years old therefore i know nothing bout trading technicals nor fundamentals.... maybe they are right.... they're probably watching as their Profits on Short AUDUSD getting washed away.... lol
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #64,298
  • Sep 6, 2013 7:23am Sep 6, 2013 7:23am
Quoting fxtyrant
Hey guys, so ive gone away for 2 days.. cleared my head... came back and last time after taking profit on AUDUSD and NZDUSD i was holdign on to GBPCAD... Held my GBPCAD shorts through NFP. Longed EURUSD due signal prior to NFP Shorted USDCHF due to EURUSD USDCHF correlation... the trades are making me wet.... {image} {image} {image}
I had same feelings but pussed out. USDJPY was the real money maker on USD weakness...

Nice trades though, very impressive.
  • #64,299
  • Sep 6, 2013 7:25am Sep 6, 2013 7:25am
yaaay, 0.921 resisting, scalp it while still hot
  • #64,300
  • Sep 6, 2013 7:25am Sep 6, 2013 7:25am
Quoting fxtyrant
Hey guys, so ive gone away for 2 days.. cleared my head... came back and last time after taking profit on AUDUSD and NZDUSD i was holdign on to GBPCAD... Held my GBPCAD shorts through NFP. Longed EURUSD due signal prior to NFP Shorted USDCHF due to EURUSD USDCHF correlation... the trades are making me wet....
what is your prediction for AUD/USD next week with the FOMC? I havent come to a conclusion yet b/c of the election uncertainty.
The best dam pilot in the sky
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