AUD/USD | Page 3309 | 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

  • #66,161
  • Sep 24, 2013 5:33am Sep 24, 2013 5:33am
Quoting fxtyrant
this is gona be one heck of a post
These trades are demo right? or do u have similar positions with ur live acct?
  • #66,162
  • Sep 24, 2013 5:59am Sep 24, 2013 5:59am
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd 15m.png Size: 46 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh15.png Size: 48 KB
. Just doing some trades on 15mtf. Aud/nzd taken out at sl. Will wait higher up to short
the cautious seldom err....C
  • #66,163
  • Sep 24, 2013 6:01am Sep 24, 2013 6:01am
Quoting Boy Wonder
{quote} Mate, I mean no offence, but, your call re AUDUSD is premature; you can't say it's over for the bulls. It might be; it might not. I don't think it is and hence I'm biased long, but nobody can yet say one way or the other. Re your other observation, that's flat-out wrong; I'd call it stronger but I don't want to offend. It's quite the reverse: nearly all traders fail because they can't see themselves failing. People have a well-observed innate sense of their own "luck" which is quite disproportionate to the reality. It's a well-observed,...
What are you talking about lol. I assume you went long last wednesday.
When the facts change I change my mind, what do you do sir
  • #66,164
  • Sep 24, 2013 6:03am Sep 24, 2013 6:03am
Quoting diediex
{quote} These trades are demo right? or do u have similar positions with ur live acct?
Trades are on demo, but all mirrored to a live account with Pepperstone.
i have a trade mirroring software so i dont need to enter 2 trades on 2 different instances...
i just have to place 1 on the demo and the same trade will open on the live account.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,165
  • Sep 24, 2013 6:09am Sep 24, 2013 6:09am
Quoting fxtyrant
{quote} Trades are on demo, but all mirrored to a live account with Pepperstone.
I see. Thats quite some balls to hold your A/U trade after the Fomc outburst with these kind of volume. Hope the trades go ur way dude
  • #66,166
  • Sep 24, 2013 6:09am Sep 24, 2013 6:09am
Quoting Pip Anon
{quote} What are you talking about lol. I assume you went long last wednesday.
Sorry, is there something that I wrote that you don't understand? Or are you just being immature?
I have no clue what I'm talking about.
  • #66,167
  • Edited 6:23am Sep 24, 2013 6:09am | Edited 6:23am
Quoting Pip Anon
{quote} What are you talking about lol. I assume you went long last wednesday.
some pepole just dont know how to trade.... perhaps he/she could explain since when is the AUDUSD bullish by looking at the weekly chart since its fall from 1.05 to 0.88, the move up to 0.88 to 0.95 is only a retracement move....
and hes talking to me as if its a human frailty to try to be confident? bollocks.
Confidence is what i need to trade well. otherwise id be shying in and shying out of trades and making inaccurate entries and exits.
i do trade it with Stop Losses, and i do have a realistic idea of what % my trades would fail.... and looking at my track record.... i am still above 80% winning on all my trades with a Risk Reward of 1:1... makes me a profitable person. end of story.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,168
  • Sep 24, 2013 6:10am Sep 24, 2013 6:10am
Taken on H4. After 2 hrs. nothing happened
Attached Image (click to enlarge)
Click to Enlarge Name: pic 1.png Size: 53 KB
the cautious seldom err....C
  • #66,169
  • Sep 24, 2013 6:11am Sep 24, 2013 6:11am
Quoting diediex
{quote} I see. Thats quite some balls to hold your A/U trade after the Fomc outburst with these kind of volume. Hope the trades go ur way dude
Well it aint balls... wne i entered a trade its got a predefied Stop loss and Stop Los never changed.... i had 3 attempts to short AUDUSD, an only 1 got stopped out... the rest was meh... still surviving, but those AUDUSD trades even if they loss, is easily covered by my profitable trades like the short GBPJPY which im aiming for a 400 pip profit.... easily covers a 200 pip loss on AUDUSD 2times....

my win percent of above 80% warrants my profitablity when my risk reward ratio remains 1:1 which is how i trade.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,170
  • Sep 24, 2013 6:19am Sep 24, 2013 6:19am
when the market may goes both ways, it usually take a side way
  • #66,171
  • Sep 24, 2013 6:27am Sep 24, 2013 6:27am
Quoting fxtyrant
{quote} some pepole just dont know how to trade.... perhaps he/she could explain since when is the AUDUSD bullish by looking at the weekly chart since its fall from 1.05 to 0.88, the move up to 0.88 to 0.95 is only a retracement move.... and hes talking to me as if its a human frailty to try to be confident? bollocks. Confidence is what i need to trade well. otherwise id be shying in and shying out.... i do trade it with Stop Losses, and i do have a realistic idea of what % my trades would fail.... and looking at my track record.... i am still above...
I'd rather you paid more attention to what I said than what you'd like to pretend that I said.
If you're half as good a trader as you obviously think you are you will understand that any instrument can be bullish and bearish on different timeframes.
If you don't already understand that, then you're obviously not a serious trader.
Where did I say it's a human frailty to be confident? Please quote me. Thanks.
You've got a lot to learn mate. I see from your trade report that you had a drawdown of nearly 80% in your DEMO account on September 18th. Nice trading fella . You da man, eh.

Clearly, you're an amateur, with a lot left to learn.
Come back at me when you've been doing this for 10 years.
I have no clue what I'm talking about.
  • #66,172
  • Sep 24, 2013 6:30am Sep 24, 2013 6:30am
Quoting fxtyrant
this is gona be one heck of a post and ill show you why AUDUSD was never going to get back into rallying mode and why EURAUD wasnt gona turn bearish.. Technical wise... Lets discuss AUDUSD first... on Monday's Open AUDUSD has already broken below the recent uptrending rally meaning its over for the bulls enjoying the ride up to 0.95, btw 0.95 proved too much of a fibo for it to bust through... and that uptrend (red) line is broken retested on the monday gap cover, and its failed to break back above it, so the rally for the AUDUSD is over.... {image}...
The probabilities say the correction is not over yet, and if it is, so be it. However, even if there is no more upside left, what you have pointed out on your chart is a trend line break, which all by itself means absolutely nothing imo. If trading were as simple as following a trendline and then reversing position on a break, we would all be multi-millionaires.

Let's go through the other popular indicators to see where we stand in technical sentiment.

Do we have a larger TF lower high and lower low? No.
Do we have a larger time frame bearish divergence? No.
Is the RSI or RSX in overbought territory yet? No.
Does EW support a reversal from here? No
Is there a harmonic pattern screaming for a short? No.
Has price fully reverted to the mean (approx 200 day ma) yet? No

Therefore, besides the trend line break you have pointed out (Not questioning the validity), I don't see anything else pointing south. Do you?
Those who say it cannot be done should not interrupt those who are doing it
  • #66,173
  • Sep 24, 2013 6:31am Sep 24, 2013 6:31am
Quoting Boy Wonder
{quote} I'd rather you paid more attention to what I said than what you'd like to pretend that I said. If you're half as good a trader as you obviously think you are you will understand that any instrument can be bullish and bearish on different timeframes. If you don't already understand that, then you're obviously not a serious trader. Where did I say it's a human frailty to be confident? Please quote me. Thanks. You've got a lot to learn mate.[b] I see from your trade report that you had a drawdown of nearly 80% in your DEMO account on September...
Lies Lies Lies... when will you stop lying??
tell me where do you see 80% drawdown??
http://www.forexfactory.com/fxtyrant#11-report
when i see this?

  1. Max Return Drawdown: -19.2%

Come back at me when you care to tell the truth??
nah dont come back at all, you're ignored

We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,174
  • Sep 24, 2013 6:34am Sep 24, 2013 6:34am
Quoting PipTrapper
{quote} The probabilities say the correction is not over yet, and if it is, so be it. However, even if there is no more upside left, what you have pointed out on your chart is a trend line break, which all by itself means absolutely nothing imo. If trading were as simple as following a trendline and then reversing position on a break, we would all be multi-millionaires. Let's go through the other popular indicators to see where we stand in technical sentiment. Do we have a larger TF lower high and lower low? No. Do we have a larger time frame bearish...
enough of an evidence for me to say the up move wont go up as quick anymore...

another one id like to give you...

put Williams%R (200) on your H4 chart, observe what happens when market does when Williams%R starts to fall?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,175
  • Sep 24, 2013 6:37am Sep 24, 2013 6:37am
Quoting Gwan
when the market may goes both ways, it usually take a side way
Smartest comment I've seen in the last few pages
Those who say it cannot be done should not interrupt those who are doing it
  • #66,176
  • Sep 24, 2013 6:40am Sep 24, 2013 6:40am
Quoting PipTrapper
{quote} Smartest comment I've seen in the last few pages
its going sideways cuz its lunch hour in europe.... and london just started lunch....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,177
  • Sep 24, 2013 6:43am Sep 24, 2013 6:43am
Quoting fxtyrant
{quote} enough of an evidence for me to say the up move wont go up as quick anymore... another one id like to give you... put Williams%R (200) on your H4 chart, observe what happens when market does when Williams%R starts to fall?
Oh I agree it has definitely slowed down. I'm only calling for one final push upwards as a last attempt. In EW this would be a wave 5 of C which can either make a new high (9580/9620), or truncate as a double top (9520/30).
Until that final push up starts, I see this pair possibly (but not necessarily) as low as 9280/9320.
You'll have to trust me on that.
If I'm wrong, I'll post a retraction with an apology and a 'not worthy' emoticon
Those who say it cannot be done should not interrupt those who are doing it
  • #66,178
  • Sep 24, 2013 6:55am Sep 24, 2013 6:55am
Quoting PipTrapper
{quote} Oh I agree it has definitely slowed down. I'm only calling for one final push upwards as a last attempt. In EW this would be a wave 5 of C which can either make a new high (9580/9620), or truncate as a double top (9520/30). Until that final push up starts, I see this pair possibly (but not necessarily) as low as 9280/9320. You'll have to trust me on that. If I'm wrong, I'll post a retraction with an apology and a 'not worthy' emoticon
you maybe right... it could go up and retest that broken trendlin ive shown... at 0.9470 or something....
but AUDUSD is headed to 0.92 in medium term (ie. 1week to 1 months time.) im 70% certain on this.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,179
  • Sep 24, 2013 6:57am Sep 24, 2013 6:57am
Quoting fxtyrant
{quote} its going sideways cuz its lunch hour in europe.... and london just started lunch....
you are making me hungry bro..
  • #66,180
  • Sep 24, 2013 6:58am Sep 24, 2013 6:58am
Quoting HelloOz
{quote} you are making me hungry bro..
im not that hungry, being fed well by GBPJPY Short
Attached Image (click to enlarge)
Click to Enlarge Name: 20130924.1158.gmt.gbpjpy.h4.png Size: 35 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
44 traders viewing now