AUD/USD | Page 3221 | 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

  • #64,401
  • Sep 8, 2013 4:05pm Sep 8, 2013 4:05pm
Im short from 0.9200. As I said before, maxing out account from 0.9250 if it gets there. Targetting -0.91
The best dam pilot in the sky
  • #64,402
  • Sep 8, 2013 4:12pm Sep 8, 2013 4:12pm
Just 17 pips

Have a strong resistance at .9200 if break go to 0.9250
I think aud want go bear at 0.9250..
  • #64,403
  • Sep 8, 2013 4:24pm Sep 8, 2013 4:24pm
Quoting grtedesco
Hey there, forexalien may I ask you which Bollinger bands parameters do you use? IMO last week it made a long way. Maybe to long for a week. I prefer to take it calm until Monday night (europe) and see how it's developing. Cheers
21 period
0 shift
Deviations 2
apply to close
The More You Learn, The More You Earn.....
  • #64,404
  • Sep 8, 2013 4:31pm Sep 8, 2013 4:31pm
EURAUD looks like its gonna continue dropping after confirmed double top. 40 pip gap down on the open.

I'm short from 1.4341 but looking to add with a target of 1.3860 area.

Anyone else playing on this pair or any other AUD crosses?
  • #64,405
  • Sep 8, 2013 4:37pm Sep 8, 2013 4:37pm
Quoting edindzeko
EURAUD looks like its gonna continue dropping after confirmed double top. 40 pip gap down on the open. I'm short from 1.4341 but looking to add with a target of 1.3860 area. Anyone else playing on this pair or any other AUD crosses?
AudJpy
Learning more pairs all the time...........
The More You Learn, The More You Earn.....
  • #64,406
  • Sep 8, 2013 4:54pm Sep 8, 2013 4:54pm
Quoting forexalien
{quote} AudJpy Learning more pairs all the time...........
Hi Alieno,
could you please give us your insight concerning AudJpy atm ?? I became more conservative about gap filling these days ...

Cheers!
Get Rich or Die Tryin
  • #64,407
  • Sep 8, 2013 4:59pm Sep 8, 2013 4:59pm
Quoting forexalien
{quote} AudJpy Learning more pairs all the time...........
Hugh gap there.. Thanks for the parameters.
  • #64,408
  • Sep 8, 2013 5:02pm Sep 8, 2013 5:02pm
Quoting hoom
{quote} Hi Alieno, could you please give us your insight concerning AudJpy atm ?? I became more conservative about gap filling these days ... Cheers!
I don't play the gap game too much. They get you off guard to get your account stepped on....................IMO

I will look at the AUDJPY now..............

Monthly chart looks like the fast stochastic is ready to turn long. This backed up by the Weekly below bottoming and making it's first attempt long.

I just placed a small position with TP 250 pips long just to see what comes of this one.............
Attached Image (click to enlarge)
Click to Enlarge Name: 9_8_13 AUDJPY weekly 5pm.JPG Size: 297 KB
The More You Learn, The More You Earn.....
  • #64,409
  • Sep 8, 2013 5:08pm Sep 8, 2013 5:08pm
Quoting Ivanqus
I'm so curious that why does the market moving right now one hour before Sidney starts. Can anyone explain me this? Thank you.
Hi Ivanqus,
Wellington NZ opens before Sydney

cheers
  • #64,410
  • Sep 8, 2013 5:13pm Sep 8, 2013 5:13pm
samurai warriors in audjpy market.

large move pending.
  • #64,411
  • Sep 8, 2013 5:13pm Sep 8, 2013 5:13pm
Quoting forexalien
{quote} I don't play the gap game too much. They get you off guard to get your account stepped on....................IMO I will look at the AUDJPY now.............. Monthly chart looks like the fast stochastic is ready to turn long. This backed up by the Weekly below bottoming and making it's first attempt long. I just placed a small position with TP 250 pips long just to see what comes of this one............. {image}
Thank you buddy
Get Rich or Die Tryin
  • #64,412
  • Sep 8, 2013 5:15pm Sep 8, 2013 5:15pm
Quoting mm3934
{quote} Hi Ivanqus, Wellington NZ opens before Sydney cheers
Thank you!
  • #64,413
  • Sep 8, 2013 7:19pm Sep 8, 2013 7:19pm
gap is closed nicely, resistance still hold, the upward speed is reduced significantly, the bottom picker has fading, need news to blow the sail
  • #64,414
  • Sep 8, 2013 7:24pm Sep 8, 2013 7:24pm
I think anyone short will be caught short this week.
I am very bullish aud but putting that aside i do not completely discount a move back down somewhat. BUT considering election results, china data i think we will most certainly run up to 93-93.50 first
  • #64,415
  • Sep 8, 2013 7:27pm Sep 8, 2013 7:27pm
Quoting forexalien
{quote} I don't play the gap game too much. They get you off guard to get your account stepped on....................IMO I will look at the AUDJPY now.............. Monthly chart looks like the fast stochastic is ready to turn long. This backed up by the Weekly below bottoming and making it's first attempt long. I just placed a small position with TP 250 pips long just to see what comes of this one............. {image}
NICE WORK ALIEN!!!!
Im not big into channels,but why place the channel there? It looks so curve fitted. -) That said, I love your charts. This is a REAL set-up. aND possibly one of the best opportunities of the year. One big reason is you have 2 bottoming tails back to back on the weekly charts. Thats not game playing,thats support if its on 2 weeklies! I confess I just took my biggest position of the year on aud/usd long and eur/aud short. But this chart looks so sweet I may have to take a taste here also. Bets of all, this can run for a month at least if she breaks and as much as 4-6 months. Plenty of time to add 2 or 3 or 4 times and buy yourself a nice vacation and a state of the art trading computer when you come back just from starting small in this one position. Nice work ALIEN!!!
  • #64,416
  • Sep 8, 2013 7:36pm Sep 8, 2013 7:36pm
Quoting SpartanTrade
I think anyone short will be caught short this week. I am very bullish aud but putting that aside i do not completely discount a move back down somewhat. BUT considering election results, china data i think we will most certainly run up to 93-93.50 first
Spartan, I not only agree 990%, but this time the news of "Austrailia is open for business is going to really mean something if tonights numbers are even half way decent and the 2 bottoming tails on 2 candles on the weekly shows plenty of support below.

May I advise many of you to take a smaller position to start with a much wider stop than usual. Think.....if you hold this position for one month, you dont think there will be just one day for this to have huge volatility or stop hitting and you see one candle with huge wicks and tails and you are stopped out as this thing keeps merrily on its way up. Dont let that happen. I placed my stop under weekly resistance so thats 400 pips. let them try to hit my stops. If you cant afford that much make it 200 pips. And if you cant afford that much go back to playing micro lots or quit,this aint for you. I just did a study of not only my own trades, but 2 buddies as well. And I saw that even though we all use totally different systems...if we had allowed a minimum of 200 pips on each trade and cut the trade in half size to start, our gains would be 300% more! Small stops are for market makers and traders on the inside getting 1/2 pt spreads. That aint us! Oh...your a scalper on the 5 min chart??? Go to Amazon...there are a few good books on assisted suicide there I highly recommend.
  • #64,417
  • Sep 8, 2013 7:40pm Sep 8, 2013 7:40pm
Quoting edindzeko
EURAUD looks like its gonna continue dropping after confirmed double top. 40 pip gap down on the open. I'm short from 1.4341 but looking to add with a target of 1.3860 area. Anyone else playing on this pair or any other AUD crosses?
I am watching this too. But I see quite a number of support, especially at 1.4270-75 area. Another minor support at 1.4230-35. After break, next area should be 1.40XX area.
The true fact is market doesn't care, risk mgt is important.
  • #64,418
  • Sep 8, 2013 7:45pm Sep 8, 2013 7:45pm
Quoting hoom
{quote} Thank you buddy
Any Time..........
The More You Learn, The More You Earn.....
  • #64,419
  • Sep 8, 2013 7:47pm Sep 8, 2013 7:47pm
Quoting Silat50
{quote} NICE WORK ALIEN!!!! Im not big into channels,but why place the channel there? It looks so curve fitted. -) That said, I love your charts. This is a REAL set-up. aND possibly one of the best opportunities of the year. One big reason is you have 2 bottoming tails back to back on the weekly charts. Thats not game playing,thats support if its on 2 weeklies! I confess I just took my biggest position of the year on aud/usd long and eur/aud short. But this chart looks so sweet I may have to take a taste here also. Bets of all, this...
Ignore that green channel as it is set up for the H4 chart and not the weekly..............
The More You Learn, The More You Earn.....
  • #64,420
  • Sep 8, 2013 7:56pm Sep 8, 2013 7:56pm
Wow Gentlemen! I would have agreed with you before the election, however in my view it is priced in with the high test of .9216 this morning. However, that manipulated Chineese CPI coming this morning @ 11:30 will be the acid test for the day... Fed taper appears to be tapering off the table for now, however despite higher mortgage rates based on the higher 10 year note, people have resumed buying homes which along with unemployment are the two main concerns of the FED. With that said, I well know Bernanke is a specialist in the slow recovery of the Great Depression and the big mistake back then was the government pulled the Keynsian approach too soon. I would think taper later and in a stepped approach well below the 10B or so to mitigate shocks to markets. Just my 2C. I just want all of us to help each other get perspective and make $$ so we can buy our own country and create our own rules and....currency...
33 traders viewing now