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AUD/USD

  • #65,661
  • Sep 18, 2013 1:54am Sep 18, 2013 1:54am
i guess we will see the gap closing before the FOMC
  • #65,662
  • Sep 18, 2013 2:14am Sep 18, 2013 2:14am
I'm that fucking sick of hearing about gaps... they happen most weekends just to different degrees.. It's Wednesday, are we going to talk about a gaps all week and then start again on monday, get over it...no offence but seriously there's more price action than gaps
  • #65,663
  • Sep 18, 2013 2:17am Sep 18, 2013 2:17am
Form Guide for tonight's Fed Pace of Purchase Program for September (courtesy of HSBC)

Just to emphasise , it's not only whether there will be any Taper or not or indeed the size of any Taper ,
but all the bells & whistles that might come attached to any such Tapering - check out Scenario 3 for instance .



http://www.forexlive.com/wp-content/...bc-650x328.png
  • #65,664
  • Sep 18, 2013 2:20am Sep 18, 2013 2:20am
Quoting RBlackburn
I'm that fucking sick of hearing about gaps... they happen most weekends just to different degrees.. It's Wednesday, are we going to talk about a gaps all week and then start again on monday, get over it...no offence but seriously there's more price action than gaps
hahaa. Well said, but most gaps are closed & make for good trades. This one appears to be a little different.?? It will close eventually, whether by a FOMC spike or on the way back down after the retracement ends who knows. Cheers
Money Makes Money
  • #65,665
  • Sep 18, 2013 4:05am Sep 18, 2013 4:05am
Quoting pips29
Difficult to trade a/u. Might take a short if it gets to this range .9360-.9390. Looking at other pairs now
still at bottom of range
the cautious seldom err....C
  • #65,666
  • Sep 18, 2013 6:28am Sep 18, 2013 6:28am
short bias now with the 1 hr doji showing. im targeting low 0.93s
  • #65,667
  • Sep 18, 2013 6:40am Sep 18, 2013 6:40am
This is the only GAP I'm seeing..

Attached Image (click to enlarge)
Click to Enlarge Name: mind-the-gap-201.jpg Size: 25 KB
  • #65,668
  • Sep 18, 2013 6:42am Sep 18, 2013 6:42am
  •  EDG
  • | Joined Feb 2007 | Status: Nothing is fixed. Keep an open mind | 229 Posts
aud bull still intact as long as todays daily close is above 9300
Hindsight is useless if you never learn anything out from it
  • #65,669
  • Sep 18, 2013 6:47am Sep 18, 2013 6:47am
Hopefully, Uncle Ben will kick back some Xanax and Scotch before the statement and not studder..
  • #65,670
  • Sep 18, 2013 6:48am Sep 18, 2013 6:48am
Dude-
If I had a gap like that in my world, I would not be here....
  • #65,671
  • Sep 18, 2013 7:03am Sep 18, 2013 7:03am
Quoting 2+2=4ex
{image}
what is that mean? more buyers then should go up? not sure i follow that.. Dailfx shows that as well...
  • #65,672
  • Sep 18, 2013 7:07am Sep 18, 2013 7:07am
Quoting thewriter30
{quote} what is that mean? more buyers then should go up? not sure i follow that.. Dailfx shows that as well...
Hes going by theory that retail traders are wrong 95% of the time
majority traders are still bullish suggests this thing might go down
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #65,673
  • Sep 18, 2013 7:39am Sep 18, 2013 7:39am
arr,, i'm start to hate us news.... again
  • #65,674
  • Sep 18, 2013 7:43am Sep 18, 2013 7:43am
Scalping op' to 0.9332 if your game.
Money Makes Money
  • #65,675
  • Sep 18, 2013 7:43am Sep 18, 2013 7:43am
Quoting zOrO2kX
This is the only GAP I'm seeing.. {image}

I like it !
  • #65,676
  • Sep 18, 2013 7:48am Sep 18, 2013 7:48am
Quoting Gwan
arr,, i'm start to hate us news.... again

Why? The only big news is at 7pm(my time). Nothing else matters now. Just look at charts and figure out what big boys are planning to do. I am sure they have plan A and plan B or even plan C. Some may already know fomc speech
the cautious seldom err....C
  • #65,677
  • Sep 18, 2013 8:30am Sep 18, 2013 8:30am
Notice the daily close...
  • #65,678
  • Sep 18, 2013 8:41am Sep 18, 2013 8:41am
Quoting Pharm0r
Notice the daily close...
yes and you're trying to hint.....
because look that is one small bullish candle... easily averted by a bearish engulfing candle today if fed tapering happens to a point its dollar bullish... then lots of bulls will be screwed
Gold is already on a sell off expecting tapering, and thats keeping AUD undermined.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #65,679
  • Sep 18, 2013 9:19am Sep 18, 2013 9:19am
Quoting 2+2=4ex
{image}
Not reflected in the market. More people are selling it from other brokers I think!
  • #65,680
  • Sep 18, 2013 9:51am Sep 18, 2013 9:51am
The £ is the strongest currency now and kiwi the weakest. Maybe , should just trade this pair
the cautious seldom err....C
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