AUD/USD | Page 3327 | 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

  • #66,521
  • Sep 26, 2013 9:28pm Sep 26, 2013 9:28pm
Quoting 5percent
normally, i never trust a fake out during Asia or Lone us session unless there's liquidity coming in from news event. Unless there's a on going breakout or huge trend after a fundamental event. Such time, i will take it as false break or overshoot, and a good risk reward position to build long on range. the overshoot is more likely for stop loss hunting and activating sell orders. this is why certain timing, stop orders should not be placed and must be monitored. I would take that sell signal only during Europe opening or news. Still i can be wrong,...
yea buddy... i tend not to overlook trade zones, because its Currency pair dependent.... say AUDUSD... easily affected by China and Australian Data that comes out in Asia..... which is supposedly a safe zone perfect for scalping... yet ive seen countless of scalpers (especially those who dont operate with stop loss) get their ass kicked by a cliff diver AUDUSD down move...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,522
  • Sep 26, 2013 9:29pm Sep 26, 2013 9:29pm
Quoting 5percent
normally, i never trust a fake out during Asia or Lone us session unless there's liquidity coming in from news event. Unless there's a on going breakout or huge trend after a fundamental event. Such time, i will take it as false break or overshoot, and a good risk reward position to build long on range. the overshoot is more likely for stop loss hunting and activating sell orders. this is why certain timing, stop orders should not be placed and must be monitored. I would take that sell signal only during Europe opening or news. Still i can be wrong,...
Hi

you are spoton do not say wrong or right

good on you mate
wondabah

cheers
  • #66,523
  • Sep 26, 2013 9:39pm Sep 26, 2013 9:39pm
Quoting fxtyrant
{quote} nah you're not... but you really ought to choose whom you listen to wisely....
no offence but those who listen to you from last week or 2 weeks ago are down at least 100 pips..
  • #66,524
  • Sep 26, 2013 9:40pm Sep 26, 2013 9:40pm
Quoting HelloOz
{quote} no offence but those who listen to you from last week or 2 weeks ago are down at least 100 pips..
no they're not.... im in profit though....
and my EURAUD longs are up 300 pips.... about to take profit too.... look at my trade explorer.....

maybe people here dont even know how to follow me... besides i never said they should follow me....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,525
  • Sep 26, 2013 9:41pm Sep 26, 2013 9:41pm
Quoting fxtyrant
{quote} no they're not.... im in profit though.... and my EURAUD longs are up 300 pips.... about to take profit too.... look at my trade explorer.....
i know you do well with other pairs.. this pair gives you a hard time doesnt it?
  • #66,526
  • Sep 26, 2013 9:43pm Sep 26, 2013 9:43pm
pull back resistance on min 5 @ 0.9348.

zoom in after big bear marabuzo we have a pull back failure at 0.9348.

So we are still seeing resistance meanwhile, only a clean break above 0.9348 then a test is completed on asia lo. Price may continue to range on low range for awhile, to test the level of support or overshoot for awhile.

One of the few methods, is wait the range of mini consolidation to formed first, don't jump in quickly unless engulfing candles, find the 2 lower hi resistance, we have 0.9348/45 at this moment.

Uptrend = higher hi, higher lo.
Down trend = lower hi and lower lo.

To beat the trend -> trend line. exhaustion , no lower lo or no higher hi. price exhausted . test of double or even triple test on bottom/top. -> no need to rush in unless news event or engulfing

Buy after consolidation lo, no more lower hi, beat 2 level of lower hi along with higher lo.
Sell after consolidation hi, no more higher lo, beat 2 level of higher lo.
Attached Image (click to enlarge)
Click to Enlarge Name: Price.png Size: 35 KB
  • #66,527
  • Sep 26, 2013 9:44pm Sep 26, 2013 9:44pm
Quoting HelloOz
{quote} i know you do well with other pairs.. this pair gives you a hard time doesnt it?
it doesnt give me a hard time...
its just the timings... volatility for the AUDUSD is low as hell... excruciatingly bad volume, but the direction is there just a matter of time.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,528
  • Sep 26, 2013 9:46pm Sep 26, 2013 9:46pm
Quoting HelloOz
{quote} no offence but those who listen to you from last week or 2 weeks ago are down at least 100 pips..
Yeah, still waiting for the 0.93 he promised me

Attached Image (click to enlarge)
Click to Enlarge Name: 27-09-2013 12-44-25.png Size: 220 KB
It takes a lot for me to IGNORE you, but you can try.
  • #66,529
  • Sep 26, 2013 9:47pm Sep 26, 2013 9:47pm
Quoting HelloOz
{quote} no offence but those who listen to you from last week or 2 weeks ago are down at least 100 pips..

Hi

to test it go to auzi 8h tf @ double bottom and see for yourself
he is not suppose to tell these things
watch & learn for every one

cheers
  • #66,530
  • Sep 26, 2013 9:49pm Sep 26, 2013 9:49pm
Quoting fxtyrant
{quote} buddy you called me an ass when you dont even know me at all in real life... so what if im only a kid. im a kid with experience.. that gives me time advantage over majority of the people here because i start young. and i learn the business young. nothing wrong with that... heck nothing usual about that when im profitable. makes me wonder, you jealous of people succeeding around you? or maybe my Ego is whats blinding me here... but then again i need my ego to trade well, my ego comes from a heightened sense of self-confidence in which i need...
Ive said before we need bears, bulls and in betweens. All can make money from quite different strategies and views. Your the one popping your head up today trying to be a smartarse and question my long trade. Why didnt u question me from when i was calling long back at 89 level all the way to 95??????
I'm far from jealous and is more obvious you are and by your post saw opportunity to point out my 09380 long when price started breaking down. I really don't know why people bother with you. You think you know it all and that would have been ok if your didn't constantly try and put members down and talk yourself up. Your entertaining, comedic value has gone. Time to ignore you now.
  • #66,531
  • Sep 26, 2013 9:50pm Sep 26, 2013 9:50pm
hello where is next month pivot located for aussie? Im telling you that aussie will try to touch next month pivot before next month end.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #66,532
  • Sep 26, 2013 9:51pm Sep 26, 2013 9:51pm
Quoting lazy
{quote} Hi to test it go to auzi 8h tf @ double bottom and see for yourself he is not suppose to tell these things watch & learn for every one cheers
mate im at where i am for a good reason.... 60% in a month isnt that easy on a 1:50 leverage account.
maybe people can watch and learn how to be profitable? heck in fact i promote the use of smart money management and the use of TP and SL, perhaps people here could actually learn something by the way i place my trades?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,533
  • Sep 26, 2013 9:54pm Sep 26, 2013 9:54pm
Quoting SpartanTrade
{quote} Ive said before we need bears, bulls and in betweens. All can make money from quite different strategies and views. Your the one popping your head up today trying to be a smartarse and question my long trade. Why didnt u question me from when i was calling long back at 89 level all the way to 95?????? I'm far from jealous and is more obvious you are and by your post saw opportunity to point out my 09380 long when price started breaking down. I really don't know why people bother with you. You think you know it all and that would have...
I dont know if you were here or not... but i was one of the guys who went on the band wagon to be a bull when it was around 0.89 but i took profit at 0.92, the market continued further up to 0.9350 where i turned my view to bearish, found resistance at 0.9500 and reverse back into the downtrend.

perhaps you didnt know or you werent here but i had an epic battle between me and 2+2=4ex when i was long from 0.89, heck you can even see my Long AUDUSD that took profit around 0.92 in my trade explorer, i have proof dude... have a look there.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,534
  • Sep 26, 2013 9:54pm Sep 26, 2013 9:54pm
Quoting 5percent
pull back resistance on min 5 @ 0.9348. zoom in after big bear marabuzo we have a pull back failure at 0.9348. So we are still seeing resistance meanwhile, only a clean break above 0.9348 then a test is completed on asia lo. Price may continue to range on low range for awhile, to test the level of support or overshoot for awhile. One of the few methods, is wait the range of mini consolidation to formed first, don't jump in quickly unless engulfing candles, find the 2 lower hi resistance, we have 0.9348/45 at this moment. Uptrend = higher hi, higher...
live trading scenario ->

i shall not display the audusd , don't like to mislead.

But here's how UJ move.

One tip, don't fall for those theory - candlestick patterns, indicators about overbought or oversold etc. I will definitely sell below every pin bar and buy above every shooting star when a range is break out in favor of a news flow and trend. every trade should also have a trading management of trailing/be stop or even time factor.

Price is mainly moved by marabuzo -> fat candle close under support/above resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: price 1.png Size: 36 KB
  • #66,535
  • Sep 26, 2013 10:00pm Sep 26, 2013 10:00pm
Quoting fxtyrant
{quote} it doesnt give me a hard time... its just the timings... volatility for the AUDUSD is low as hell... excruciatingly bad volume, but the direction is there just a matter of time.
I noticed that, range this week is only 125, need to drop another 125 just to make the AWR

Or shoot up 250 ???

Attached Image (click to enlarge)
Click to Enlarge Name: 27-09-2013 12-54-18.png Size: 164 KB
It takes a lot for me to IGNORE you, but you can try.
  • #66,536
  • Sep 26, 2013 10:04pm Sep 26, 2013 10:04pm
Good buying opportunity IMO SL underneath last 1h close. I believe AUD will see 96 before heading lower.
  • #66,537
  • Sep 26, 2013 10:08pm Sep 26, 2013 10:08pm
test of asia low is completed after a move up above 0.9348 for no more support turn resistance channel and price to sustain at that level, then retracement is likely. Asia hours has the best risk reward s/r technical trading. But requires patience.

Wrong is if hourly pin bar failed.
Attached Image (click to enlarge)
Click to Enlarge Name: min 5.png Size: 26 KB
  • #66,538
  • Sep 26, 2013 10:10pm Sep 26, 2013 10:10pm
Quoting 5percent
test of asia low is completed after a move up above 0.9348 for no more support turn resistance channel and price to sustain at that level, then retracement is likely. Asia hours has the best risk reward s/r technical trading. But requires patience. Wrong is if hourly pin bar failed. {image}
you do realise 0.9350 turned resistance on an H1 close below it right?
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #66,539
  • Sep 26, 2013 10:14pm Sep 26, 2013 10:14pm
Quoting fxtyrant
{quote} you do realise 0.9350 turned resistance on an H1 close below it right?
i only see on 0.9355 as the next hurdle. i follow price based on the nearest scenario/recent price action as that reflects to me what's happening now[ this is how i see price ], that's me, like i said i just state what i see, i can be wrong. as i follow only trend and exit.

that's where the big marabuzo send price down after breaking the support with that doji.

if bull can sustain and close above that min 5 marabuzo and doji, it look bullish for me.

price in range = retracement top and bottom for me. buy lo, sell hi upon test.
  • #66,540
  • Sep 26, 2013 10:19pm Sep 26, 2013 10:19pm
Quoting 5percent
{quote} i only see on 0.9355 as the next hurdle. i follow price based on the nearest scenario/recent price action as that reflects to me what's happening now[ this is how i see price ], that's me, like i said i just state what i see, i can be wrong. as i follow only trend and exit. that's where the big marabuzo send price down after breaking the support with that doji. if bull can sustain and close above that min 5 marabuzo and doji, it look bullish for me. price in range = retracement top and bottom for me. buy lo, sell hi upon test.
woah buddy this is no where low for me... the low for me is all the way down to 0.89 thats what i call the low.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
29 traders viewing now