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AUD/USD

  • #66,361
  • Sep 25, 2013 3:30pm Sep 25, 2013 3:30pm
Possible downside momentum coming to AUDUSD for swing time frames. Upside momentum for USDCAD. Gluck all.
Data Miner
  • #66,362
  • Sep 25, 2013 4:56pm Sep 25, 2013 4:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: eric.png Size: 63 KB
Does anyone has a candle as high as 1.13833 on the aud/nzd as my position was taken out at this price
the cautious seldom err....C
  • #66,363
  • Sep 25, 2013 4:58pm Sep 25, 2013 4:58pm
I hope not many of you shorted on the firm convictions of a member that stated we would see 93 yesterday with the whole shabang of "mark my words" and the rest of the blah blah blah.
Those are the types of comments some senior members have ridiculed others for yet have had no issue in saying similar things when it suits them.

You see, without both bulls and bears and in between there is no money to be had. So naturally there will always be varying theories and strategies that are only right or wrong once the trade has closed. We should be able to comment, speculate and banter on here without the fear of being ridiculed by other members, especially senior members.

Those who previously read some comments I made, I will say I do not regret my tone but I apologise for the offensive language.

This is a forum, not a dictatorship
  • #66,364
  • Sep 25, 2013 5:01pm Sep 25, 2013 5:01pm
Might add that I don't think we will see 93 but rather an attempt to retest 95 area. But If I'm wrong I have pending long 93.10
  • #66,365
  • Sep 25, 2013 5:07pm Sep 25, 2013 5:07pm
Quoting pips29
{image} Does anyone has a candle as high as 1.13833 on the aud/nzd as my position was taken out at this price
Hi,

the high of my candle was 1.13884
  • #66,366
  • Sep 25, 2013 5:15pm Sep 25, 2013 5:15pm
thks armaros, may I know which broker you are using. The platform I am on is fxcm . I cannot find a candle high like 1.13833 on fxpro as I also have a similar position but was not taken out
the cautious seldom err....C
  • #66,367
  • Sep 25, 2013 5:22pm Sep 25, 2013 5:22pm
Quoting pips29
thks armaros, may I know which broker you are using. The platform I am on is fxcm . I cannot find a candle high like 1.13833 on fxpro as I also have a similar position but was not taken out
oanda - mt4
  • #66,368
  • Sep 25, 2013 5:24pm Sep 25, 2013 5:24pm
Quoting SpartanTrade
I hope not many of you shorted on the firm convictions of a member that stated we would see 93 yesterday with the whole shabang of "mark my words" and the rest of the blah blah blah. Those are the types of comments some senior members have ridiculed others for yet have had no issue in saying similar things when it suits them. You see, without both bulls and bears and in between there is no money to be had. So naturally there will always be varying theories and strategies that are only right or wrong once the trade has closed. We should be able...
I agree with SpartanTrade. This is a forum, not a dictatorship. Everyone here has a right to an opinion on the markets, whether they are right or wrong. I've been trading for over a decade and the best traders I know are the ones who make a decision whether right or wrong and takes responsibility for their decision. What this mean is they don't blame others or the market for a loss. They suck it up and move on to the next trade. It's the people who complain and whine all day that will never make it in this industry.
Data Miner
  • #66,369
  • Sep 25, 2013 5:27pm Sep 25, 2013 5:27pm
Quoting SpartanTrade
Might add that I don't think we will see 93 but rather an attempt to retest 95 area. But If I'm wrong I have pending long 93.10

I reckon a lot of these arguments would not have taken place if we put charts up and the reasons for taking or not taking the trades.When we are able to see, we would be able to understand your perception. Don't you think so? And of course no one should follow somebody else's trade blindly.
the cautious seldom err....C
  • #66,370
  • Sep 25, 2013 5:31pm Sep 25, 2013 5:31pm
Quoting FX Rainmaker
{quote} I agree with SpartanTrade. This is a forum, not a dictatorship. Everyone here has a right to an opinion on the markets, whether they are right or wrong. I've been trading for over a decade and the best traders I know are the ones who make a decision whether right or wrong and takes responsibility for their decision. What this mean is they don't blame others or the market for a loss. They suck it up and move on to the next trade. It's the people who complain and whine all day that will never make it in this industry.

very well said indeed
the cautious seldom err....C
  • #66,371
  • Sep 25, 2013 5:36pm Sep 25, 2013 5:36pm
Quoting pips29
{quote} I reckon a lot of these arguments would not have taken place if we put charts up and the reasons for taking or not taking the trades.When we are able to see, we would be able to understand your perception. Don't you think so? And of course no one should follow somebody else's trade blindly.
Hi Pips,
Have stated multiple times on why I am bullish and it's not what a chart shows I'm afraid. My bullish positioning is not chart based and is mid term-long term fundamental position. When i post about short term or even mid term trade based on technicals I will post chart for all.
Cheers
  • #66,372
  • Sep 25, 2013 5:41pm Sep 25, 2013 5:41pm
Quoting pips29
{image} Does anyone has a candle as high as 1.13833 on the aud/nzd as my position was taken out at this price
Hi

top left ask and bid tabs are located for the same chart it will give seperate reading in tradingstation
cheers
  • #66,373
  • Sep 25, 2013 5:44pm Sep 25, 2013 5:44pm
Quoting pips29
{quote} I reckon a lot of these arguments would not have taken place if we put charts up and the reasons for taking or not taking the trades.When we are able to see, we would be able to understand your perception. Don't you think so? And of course no one should follow somebody else's trade blindly.
Good point pips. Sorry for not sharing my charts. I don't use the traditional technical indicators, since I'm a data miner. I do use candlesticks as a confirmation tool so here it is. I marked an arrow of where I entered, and the reason for my entry is because my data suggests some potential weakness and the price action confirmed it (the previous day's candle show no aggressive buyers in the market). Gluck
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD9262013.png Size: 95 KB
Data Miner
  • #66,374
  • Sep 25, 2013 5:47pm Sep 25, 2013 5:47pm
Quoting SpartanTrade
Might add that I don't think we will see 93 but rather an attempt to retest 95 area. But If I'm wrong I have pending long 93.10

So if you are wrong you should ridiculed by senior members as you suggested to be done to others ...Right? Who are senior members and by which criteria?

Only market itself can say who is right and who is wrong by updating traders account accordingly...

Those who trade live account are supposed to be able to read their chart (price chart with indicators as per their choice , analysis...interpretation etc) and accordingly place a trade ( going long or short)...
There is a winner and a loser, nothing in between.
  • #66,375
  • Sep 25, 2013 5:47pm Sep 25, 2013 5:47pm
Quoting SpartanTrade
{quote} Hi Pips, Have stated multiple times on why I am bullish and it's not what a chart shows I'm afraid. My bullish positioning is not chart based and is mid term-long term fundamental position. When i post about short term or even mid term trade based on technicals I will post chart for all. Cheers

gotcha. cheers
the cautious seldom err....C
  • #66,376
  • Sep 25, 2013 5:53pm Sep 25, 2013 5:53pm
Quoting pips29
thks armaros, may I know which broker you are using. The platform I am on is fxcm . I cannot find a candle high like 1.13833 on fxpro as I also have a similar position but was not taken out
On a short position you get stopped out on the ask price, not the bid price. So you have to add the spread to the candle price.
if your highest candle was 1.33825 and your spread is 2 pips, then a stop at or below 1.33845 will get taken out.
Those who say it cannot be done should not interrupt those who are doing it
  • #66,377
  • Sep 25, 2013 5:54pm Sep 25, 2013 5:54pm
Quoting SpartanTrade
I hope not many of you shorted on the firm convictions of a member that stated we would see 93 yesterday with the whole shabang of "mark my words" and the rest of the blah blah blah. Those are the types of comments some senior members have ridiculed others for yet have had no issue in saying similar things when it suits them. You see, without both bulls and bears and in between there is no money to be had. So naturally there will always be varying theories and strategies that are only right or wrong once the trade has closed. We should be able...
Those who say it cannot be done should not interrupt those who are doing it
  • #66,378
  • Sep 25, 2013 6:03pm Sep 25, 2013 6:03pm
Quoting FX Rainmaker
{quote} I agree with SpartanTrade. This is a forum, not a dictatorship. Everyone here has a right to an opinion on the markets, whether they are right or wrong. I've been trading for over a decade and the best traders I know are the ones who make a decision whether right or wrong and takes responsibility for their decision. What this mean is they don't blame others or the market for a loss. They suck it up and move on to the next trade. It's the people who complain and whine all day that will never make it in this industry.
if your whining about whining that makes u part of the whining club so if u dont want to hear whining why r u whining about whining, i think ppl should just not whine or argue or whine an argue about arguing

itll probably never stop haha
  • #66,379
  • Sep 25, 2013 6:06pm Sep 25, 2013 6:06pm
Quoting FX Rainmaker
{quote} Good point pips. Sorry for not sharing my charts. I don't use the traditional technical indicators, since I'm a data miner. I do use candlesticks as a confirmation tool so here it is. I marked an arrow of where I entered, and the reason for my entry is because my data suggests some potential weakness and the price action confirmed it (the previous day's candle show no aggressive buyers in the market). Gluck{image}

Rainmaker, you got me. What's a data miner? The problem is the mother candle on my daily chart. Once price gets below it I am sure a lot of traders will put in shorts. I will
Attached Image (click to enlarge)
Click to Enlarge Name: audusddaily.png Size: 56 KB
the cautious seldom err....C
  • #66,380
  • Sep 25, 2013 6:08pm Sep 25, 2013 6:08pm
Quoting sfx-_-
{quote} if your whining about whining that makes u part of the whining club so if u dont want to hear whining why r u whining about whining, i think ppl should just not whine or argue or whine an argue about arguing itll probably never stop haha
lol good one
Data Miner
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