AUD/USD | Page 3219 | 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

  • #64,361
  • Sep 7, 2013 11:10pm Sep 7, 2013 11:10pm
Quoting forexalien
{quote} A trade is a trade, mini lots or million lots, you have to be able to do it first at any level...........IMO I have confidence in what I do............do you ? Let's have a call contest and see who is the best....................! This was last week....... {image}

leave it be, he's a troll or just a rude person

you had an incredible profit factor of 28 last week.


now next week, go for a gross loss of $90 and gross profit of $2700
its the same trading, just 10x the lot size!!

think it this way, if you lose $90, thats only 1/3 of what you made last week.


everyone has to start somewhere.
Be hopeful in a winning position, and fearful in a losing position.
  • #64,362
  • Sep 7, 2013 11:37pm Sep 7, 2013 11:37pm
Quoting forexalien
{quote} You must learn not to be so disrespectful to your fellow traders, as you also lose respect from others when they read your words of insult.............. I trade off of 8 screens , and manage several accounts, Just because I only earn 10% a day does not give you the right to belittle me..................
Size doesn't matter - it's about the skill of decision making and discipline. Comments made my Hustler wouldn't have been made if there were more zeros on the end of your account balance.
  • #64,363
  • Sep 7, 2013 11:46pm Sep 7, 2013 11:46pm
Quoting Rag2RichesFX
{quote} you just gave away the fact you are new to this. why? because good traders don't take advice at all. they just trade their own plan. i don't know what you wish to accomplish by coming here and starting shit with members who have proved themselves where as you just look like a troll you know , sometimes it best to ZOOM IN on recent price action.
you just completely took my analogy out of context. if you want to go down that road...so im newer to this than you and yet ive accomplished more? strong brain on you. why not quote alien for saying this:
Quoting forexalien
{quote} The Daily is Long, it will never get to 0.9050 area......
you mean to tell me that thats not a noobish statement? ya ok aliens returns this past week were nice...that still doesnt change the fact that hes trading on a super tiny account. if he even made a fraction of those returns consistently, don't u think he would have an account thats bigger than $1000? everyone knows how exponential compounding interest can be. where is all the money he should have been making? think about it. im not ashamed to admit that i margin called 2 $5k accounts this year...but i also turned a $5k account into a 45k account. even if i were to blow my current 25k+ account which was 10k when i started, im still a big winner.

Stop trying to switch the subject. the fact that u cant have a logical debate with me shows u have the brain of a walnut. instead of resorting to childish banter how about u conclude ur argument with a sound response. u are the one who asked me when the last time AUD had 5 consecutive bearish months, and i replied june to oct 2008. i then also stated that the pair had 9 consecutive bullish months from feb to oct 09. basically what u are telling me is going 1 direction for 9 months straight is ok, but when it goes the opposite direction for 4 months the 5th month HAS to be different?

Quoting thewriter30
I believe AJhustler88 is an arse, because he has to be aggressive to make a point, instead of smart....but he does have a point. i don't believe AUS will be stronger with a stronger AUD...I live here and to me that's just common sense guys. If AUD goes up, then we are back to where we were the last 2 years....Besides the insults i do find your discussion interesting. Who am I, the forest gump of trading if you must (lost lots of hard earned $$) , but still been here for 7 yrs and learnt anything is possible, and nobody, no-freacking-body owns the...
more like i dont take kindly to idiots. any sound reasonable person will evaluate my argument and see that it is truly logical, where as alien and rag2's are not. yes there are exceptions where irrational moves occur but someone with logical analysis will do far better in the long run than an illogical narrow-minded individual who does not broaden their perspective.
The best dam pilot in the sky
  • #64,364
  • Sep 7, 2013 11:49pm Sep 7, 2013 11:49pm
Huh? Why is chinese data is out today? Wasnt it schedule to be out tmr? Anyway, with all these fundamental, we can continue long before NFP day.
Logics do not apply in FOREX
  • #64,365
  • Sep 7, 2013 11:53pm Sep 7, 2013 11:53pm
Plus, i dont see any US data can possibly stop the bull, unless the Syria problem.
Logics do not apply in FOREX
  • #64,366
  • Edited 12:32am Sep 8, 2013 12:08am | Edited 12:32am
Quoting AJhustler88
{quote} to answer your question, june to october 2008.you are acting as if 5 consecutive bearish months is such an extreme figure. if you want to throw that argument at me, why not take into consideration that this pair also had 9 consecutive bullish months from feb to oct 09. so what u are saying is its not a big deal for it to go in 1 direction for 9 months, but if it goes the opposite direction for 4 months the 5th one HAS to be different? LOL. nice logic. where do you think the money is FX comes from? for there to be a winner there has to be...
the entire yen move could have been traded off of technicals alone

fundamentals just give reassurance.

yes 5 consecutive bearish months, it is an extreme figure.
shorting after a run like that (well, 4 months) is insane to me.

and

guess what happened after 2008?

here is a quarterly chart.


you really need to learn technicals. this is SCREAMING buy.
it may be short lived but hey, i'll take the 400 pips, possibly 600.


do you know what a hidden divergence on a quarterly chart means?


just look at this chart, its easy to figure out.

if September closes bullish we will have a nice doji on quarterly

THE ONLY PLACE i see a short is the 1 year candle sticks. But that means 2014.... plenty of long opportunities until then.


AUDUSD Quarterly + Yearly
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 9-7-2013.jpg Size: 221 KB
Click to Enlarge Name: 9-7-2013-zoomin.jpg Size: 129 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #64,367
  • Sep 8, 2013 12:20am Sep 8, 2013 12:20am
Quoting AJhustler88
{quote} you just completely took my analogy out of context. if you want to go down that road...so im newer to this than you and yet ive accomplished more? strong brain on you. why not quote alien for saying this: {quote} you mean to tell me that thats not a noobish statement? ya ok aliens returns this past week were nice...that still doesnt change the fact that hes trading on a super tiny account. if he even made a fraction of those returns consistently, don't u think he would have an account thats bigger than $1000? everyone knows how exponential...

hahahaha

keep thinking that

true technical masters wipe the floor with their profits (they can make money at will)
they come into each and every day expecting profits, they are that good.

you on the other hand take a few trades a year and have no where near the opportunity to compound profits.
taking a trade simply because a central bank says "we want our currency this way", is stupid to me.

you still need to use technical to find a good entry point. sure you can use a 300 or 500 pip stop loss but then your profit is highly limited.


anyway, welcome to my ignore list. you will probably be on many other peoples soon too.
i recommend the book "How to Win Friends and Influence People"

it will teach you a lot you need to know to converse with other humans properly.

i have wasted enough time with you to the point where i can no longer use the principles it teaches.
its hard to treat people right when they don't treat me right.

oh well, just something for me to work on. being nicer to people who don't deserve it.
Be hopeful in a winning position, and fearful in a losing position.
  • #64,368
  • Sep 8, 2013 12:41am Sep 8, 2013 12:41am
Quoting bskwak1124
Huh? Why is chinese data is out today? Wasnt it schedule to be out tmr? Anyway, with all these fundamental, we can continue long before NFP day.
uhh

NFP was last friday...
Be hopeful in a winning position, and fearful in a losing position.
  • #64,369
  • Sep 8, 2013 1:27am Sep 8, 2013 1:27am
Quoting samirs
{quote} a $1000 account grown compounded @ 10% a day will be $1m+ in 75 working days i.e. approx 15 weeks i.e. approx 4 months......
I rest my case
The best dam pilot in the sky
  • #64,370
  • Sep 8, 2013 1:31am Sep 8, 2013 1:31am
Aussie in for a massive gap on open!

Abbot - Chinese data
Even the worst trade can close with profit. Just give it time.
  • #64,371
  • Sep 8, 2013 3:01am Sep 8, 2013 3:01am
Quoting Rag2RichesFX
{quote} uhh NFP was last friday...
Sorry, not NFP, the next meeting
Logics do not apply in FOREX
  • #64,372
  • Sep 8, 2013 3:04am Sep 8, 2013 3:04am
Quoting samirs
{quote} gap up or down? in some other thread you are seem to be saying 9209 is massive resistance
Gap up, with strong chinese trade balance, i see 0.925 perhaps 0.93 on monday, since no major news from US until the next meeting, unless Syria problem...
Logics do not apply in FOREX
  • #64,373
  • Sep 8, 2013 4:34am Sep 8, 2013 4:34am
Quoting forexalien
AUD Daily.............. {image}

I'd say your 1 is A, your 2 is B and we are at I of C... Just my opinion.
Use me as a contrarian indicator
  • #64,374
  • Sep 8, 2013 4:42am Sep 8, 2013 4:42am
So many people for long positions... Time for shorting it at the end of Asian session...
The good thing with the future is that it is progressively approaching...
  • #64,375
  • Sep 8, 2013 5:05am Sep 8, 2013 5:05am
interesting

MARKET MOVEMENTS AROUND PAST ELECTIONS
There is certainly a myth on the street that an election causes some form of euphoria across the board, and historic business confidence figures would argue this. This data tends to fall in the six months leading into an election, and these falls have been seen to accelerate in the three months leading into the election before sharply rising in the month following. These levels generally hold for three months after the fact, before returning to a normal economic cycle.
Business conditions historically slow five months prior to an election, before rising sharply one month before the election date. They rise further after the election for about three months before also returning to normal cycles.
With every government since 1992, consumer confidence has followed a similar trend; it experiences a four-month rise post the election, except the 2010 election where it actually fell due to the hung parliament. In 2007 the trend continued, but it was interrupted by the GFC and fell after two months of gains.


http://www.igmarkets.com.au/cfd/election-outlook.html
luck is a loser's excuse
  • #64,376
  • Sep 8, 2013 5:20am Sep 8, 2013 5:20am
I think aud has good support at current levels, over next several weeks.

not committed, looking for major upswing signal.
  • #64,377
  • Sep 8, 2013 9:35am Sep 8, 2013 9:35am
Quoting samirs
AUD gone quiet
AUD is the worst fx pair to me. Wish I realised this years ago.
Very little profit can be made.
  • #64,378
  • Sep 8, 2013 10:03am Sep 8, 2013 10:03am
Quoting AJhustler88
{quote} you just completely took my analogy out of context. if you want to go down that road...so im newer to this than you and yet ive accomplished more? strong brain on you. why not quote alien for saying this: {quote} you mean to tell me that thats not a noobish statement? ya ok aliens returns this past week were nice...that still doesnt change the fact that hes trading on a super tiny account. if he even made a fraction of those returns consistently, don't u think he would have an account thats bigger than $1000? everyone knows how exponential...
Im with you, I am short AUDUSD @ 0.9192 and my take profit is 0.8955. Tight SL at 0.9220

My two possible take profits are ~ 0.8950 and 0.9049.

The AUDUSD is in the process of forming a bottom on the weekly chart (my guess), which is one of the reasons why it is not yet bullish on the daily.

don't take my word though i am not consistent yet lolz.

edit: or it could be a continuation pattern, idk havent really checked
  • #64,379
  • Sep 8, 2013 10:39am Sep 8, 2013 10:39am
with good China data... we'll see 95 soon... today we'll see huge gap
  • #64,380
  • Sep 8, 2013 11:35am Sep 8, 2013 11:35am
Quoting mry2001
{quote} AUD is the worst fx pair to me. Wish I realised this years ago. Very little profit can be made.
This is one of the most idiotic statements I've ever read, and that's saying a lot for this site.
The best dam pilot in the sky
48 traders viewing now