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AUD/USD

  • #67,881
  • Oct 16, 2013 6:07pm Oct 16, 2013 6:07pm
There are models that I painted yesterday put on a little activity here. Today is a day may reduce the AU pair. One part can be psychologically take profit before GDP announcement tomorrow .

0.94792 target of butterfly sell. Not sure let's see...
  • #67,882
  • Oct 16, 2013 6:57pm Oct 16, 2013 6:57pm
Quoting zerd
there are models that i painted yesterday put on a little activity here. Today is a day may reduce the au pair. One part can be psychologically take profit before gdp announcement tomorrow . 0.94792 target of butterfly sell. Not sure let's see...
butterfly on h1 and bat on daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: au1.png Size: 51 KB

Attached Image (click to enlarge)
Click to Enlarge Name: au.png Size: 44 KB
  • #67,883
  • Edited 8:14pm Oct 16, 2013 7:43pm | Edited 8:14pm
Quoting Expo33
{quote} Why waste so much energy arguing? Is it really necessary to spend so much effort just to rudely tear someone down on a forum that is here to benefit us all? Isn't it enough to be happy collecting green pips for your little personal basket while encouraging others in that goal? Whoever invented the "timeout" apparently didn't realize that they would be just as good for adults. At least kids have an excuse for acting childish, they are kids!! I love my charts and my technical analysis just as much as the next trader, but sometimes you just...

Nice. Great to see a matured person on this thread. our role is never to debate bull or bear
.just go in to get some Green. Follow the trend every now and then, and not predict its future attempting to be mr.market or god. which will only burn in the end as a fake market can't win mr market eventually.
  • #67,884
  • Oct 16, 2013 8:23pm Oct 16, 2013 8:23pm
Quoting Pip Anon
If .9528 holds, looking for .9635 next.
Almost
When the facts change I change my mind, what do you do sir
  • #67,885
  • Oct 16, 2013 10:45pm Oct 16, 2013 10:45pm
i dont see anyone talking about levels !!
  • #67,886
  • Oct 16, 2013 11:23pm Oct 16, 2013 11:23pm
I guess we can't expect anything crazy tonight can we? AUD has been strong though, could use a pullback into the data if not a reversal. I guess it is up to London now, but the formation looks weak.
  • #67,887
  • Oct 16, 2013 11:29pm Oct 16, 2013 11:29pm
Quoting Aoh
i dont see anyone talking about levels !!
the level is too dam high
  • #67,888
  • Oct 16, 2013 11:29pm Oct 16, 2013 11:29pm
AUD looks like already topped in H4 chart.
  • #67,889
  • Oct 16, 2013 11:52pm Oct 16, 2013 11:52pm
Can I long and [email protected] ?
Rebate Everyday XM forex broker with VIP partner
  • #67,890
  • Oct 16, 2013 11:56pm Oct 16, 2013 11:56pm
Quoting Pip Anon
{quote} Almost
I shorted it for intraday with tp 0.9490. is it possible?
Attached Image (click to enlarge)
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-milkeyway
  • #67,891
  • Oct 16, 2013 11:57pm Oct 16, 2013 11:57pm
they are buying again

double bounce off daily pivot

that is a strong bullish behaviour

wondering at what level they will stop to buy
Attached Image (click to enlarge)
Click to Enlarge Name: Immagine.jpg Size: 110 KB
Don't give up
  • #67,892
  • Oct 17, 2013 12:04am Oct 17, 2013 12:04am
Quoting geomink
they are buying again double bounce off daily pivot that is a strong bullish behaviour wondering at what level they will stop to buy {image}
Around 9580.
-milkeyway
  • #67,893
  • Oct 17, 2013 12:21am Oct 17, 2013 12:21am
Quoting kumaramy
{quote} Around 9580.
So you suppose new high for today.....
Don't give up
  • #67,894
  • Oct 17, 2013 12:30am Oct 17, 2013 12:30am
I see that flag which I analyzed yesterday failed. Instead sell butterfly pattern. And there is a real resistance here. I wonder if the two factors may be a trap for the price started going down. Take a look ......
  • #67,895
  • Oct 17, 2013 12:36am Oct 17, 2013 12:36am
China warns of slowing demand from emerging markets


http://www.reuters.com/article/2013/...99G05O20131017
  • #67,896
  • Oct 17, 2013 12:39am Oct 17, 2013 12:39am
So how many of you have started shorting already?
  • #67,897
  • Oct 17, 2013 12:45am Oct 17, 2013 12:45am
Quoting 2+2=4ex
So how many of you have started shorting already?
Never!

China will naturally slow down as the US reduces their deficit, Aussie will survive my opinion will remain bullish. Look at figures its there since 2008.
Even the worst trade can close with profit. Just give it time.
  • #67,898
  • Oct 17, 2013 1:23am Oct 17, 2013 1:23am
Quoting 2+2=4ex
So how many of you have started shorting already?
here i am
Don't give up
  • #67,899
  • Oct 17, 2013 1:25am Oct 17, 2013 1:25am
pay attention longers.............. aud is becoming the weaker currency of the day
Don't give up
  • #67,900
  • Oct 17, 2013 1:27am Oct 17, 2013 1:27am
Quoting Gwan
{quote} the level is too dam high
AS what i had said came true, forex is a cunning game and play around with market behavior.

There is always a saying : When a lot of retail traders think that way, big boys traders do different way, this is the way how money makers and your brokers earn your money.

When its seems to be up, it will go down.

At one point of time, you thought forex is casino gambling (big vs smal).

Rule of thumb- understand how the cunning big boys think
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