AUD/USD | Page 3409 | 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

  • #68,161
  • Oct 18, 2013 8:53am Oct 18, 2013 8:53am
I'm locked in again off that H1 pinbar............... dunno........
Don't give up
  • #68,162
  • Oct 18, 2013 9:00am Oct 18, 2013 9:00am
Quoting forexalien
{quote} Your name is like a Voucher - Boy Wonder.....................IMO
That's a fair point you make and one that I was ruminating on myself after having posted. Guilty as charged m'Lud.

And PipTrapper, no I'm not lumping all 10v's (or whatever) together.

Anyway, back to AUDUSD. I've noticed a confluence of fibs at just above current price.
I'm expecting sideways for a bit to work off this ramp and then the market will tell us if it's got more in the tank to bust through the declining 200DMA.
I would be surprised, but hey, this is trading. Perfectly conceivable that we go higher.

One needs to of course be aware that this US debt shitstorm is going to be back on the radar pretty soon. So we may see a leg down in a few days or weeks only for it to be reversed and come back up for another pop at the 200DMA. As ever, there are many, many possibilities.
I have no clue what I'm talking about.
  • #68,163
  • Oct 18, 2013 9:25am Oct 18, 2013 9:25am
Quoting Boy Wonder
{quote} That's a fair point you make and one that I was ruminating on myself after having posted. Guilty as charged m'Lud...
Nice use of vocabulary.

Quoting Boy Wonder
And PipTrapper, no I'm not lumping all 10v's (or whatever) together. Anyway, back to AUDUSD. I've noticed a confluence of fibs at just above current price. I'm expecting sideways for a bit to work off this ramp and then the market will tell us if it's got more in the tank to bust through the declining 200DMA. I would be surprised, but hey, this is trading. Perfectly conceivable that we go higher. One needs to of course be aware that this US debt shitstorm is going to be back on the radar pretty soon. So we may see a leg down in a few days or weeks...
The people that are full of s--t, vouchers or not, are easy to spot most of the time. They say things like...

"price should or will go to x.xx"

Throwing out a definitive price and saying it "will" or "should" get there is the signature of an amateur (or intentional deceiver).
  • #68,164
  • Oct 18, 2013 10:17am Oct 18, 2013 10:17am
Quoting PipTrapper
{quote} I won't go as far as calling a close, but I'll stick my neck out and call a high of 9715
haha my entry's at .9625 . My SL set is your call.....
Sincerely Yours Cheers!
  • #68,165
  • Oct 18, 2013 12:49pm Oct 18, 2013 12:49pm
Quoting 2+2=4ex
{quote} Nice use of vocabulary. {quote} The people that are full of s--t, vouchers or not, are easy to spot most of the time. They say things like... "price should or will go to x.xx" Throwing out a definitive price and saying it "will" or "should" get there is the signature of an amateur (or intentional deceiver).
Nobody can predict future price with any certainty, but I have to admit that I have used such phrases when projecting my profit targets. Does that make me an amateur or a scammer?
Mind you, I usually add the word "around" to the phrase, such as "Price to go to around 0.9715"
Those who say it cannot be done should not interrupt those who are doing it
  • #68,166
  • Oct 18, 2013 12:50pm Oct 18, 2013 12:50pm
Quoting DingDongWay
{quote} haha my entry's at .9625 . My SL set is your call.....
It doesn't mean 9715 will be reached. I'm just calling a max high as a guess based on probabilities derived from my analysis.
Those who say it cannot be done should not interrupt those who are doing it
  • #68,167
  • Oct 18, 2013 3:11pm Oct 18, 2013 3:11pm
Quoting PipTrapper
{quote} Nobody can predict future price with any certainty, but I have to admit that I have used such phrases when projecting my profit targets. Does that make me an amateur or a scammer? Mind you, I usually add the word "around" to the phrase, such as "Price to go to around 0.9715"
No, that doesn't make you an amateur or scammer. If you phrase it in a way that conveys to the reader that it is simply your speculation and not some sort of a fact according to your superiority as a trader over everyone else, then it's okay. I myself will post something like "I expect some support around x.xx based on my analysis". I might also say something like "I am anticipating that the trend will resume around resistance at x.xx". However, I won't say something like "it will go to so-and-so price" or "it should get to that price before it does this or that". A) it's arrogant B) No one knows what will happen

I guess what I am trying to say is that the people that are most full of crap are the ones that act like they know more than everyone else. One example of such is on this thread. Some of you recently mentioned him. I won't mention his name.
  • #68,168
  • Oct 18, 2013 3:59pm Oct 18, 2013 3:59pm
Quoting Fx-gtg
11 hrs ago i wrote {quote} Most times Friday is follow daily trend for this pair. Normally price should hold and suck more bears.
Like i said price held well .
Good weekend all
  • #68,169
  • Edited 4:22pm Oct 18, 2013 4:05pm | Edited 4:22pm
Quoting PipTrapper
{quote} I won't go as far as calling a close, but I'll stick my neck out and call a high of 9715
Yes Pip Trapper. The 50% retracement level. I am getting 0.9712 on the 4h & 0.9725 0n the Daily. This should signal either the end of the retracement OR a decent pull back.I will be looking for a pull back from 0.9715 ish' to around 0.9505.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusdh4.png Size: 42 KB
Click to Enlarge Name: audusddaily.png Size: 46 KB
Money Makes Money
  • #68,170
  • Oct 18, 2013 4:07pm Oct 18, 2013 4:07pm
Quoting KiwiOz
{quote} Yes Pip Trapper. The 50% retracement level. I am getting 0.9712 on the 4h & 0.9725 0n the Daily. This should signal either the end of the retracement OR a decent pull back.I will be looking for a pull back from 0.9715 ish' to around 0.9505. {image} {image}
Same scenario for Eur/Aud. Targeting 1.4005......
Attached Image (click to enlarge)
Click to Enlarge Name: euraudh4.png Size: 42 KB
Money Makes Money
  • #68,171
  • Oct 18, 2013 4:19pm Oct 18, 2013 4:19pm
Quoting 2+2=4ex
{quote} Nice use of vocabulary. {quote} The people that are full of s--t, vouchers or not, are easy to spot most of the time. They say things like... "price should or will go to x.xx" Throwing out a definitive price and saying it "will" or "should" get there is the signature of an amateur (or intentional deceiver).
Hey. I am guilty of using the words should & will. Perhaps we Should use May or perhaps...
What's in a word. If you have strong convictions of a target you should say so not waffle around & leave people confused. After all, no one has to act on anyone's predictions. Look to your own charts & analysis for confirmation to anothers predictions. Posting is to portray ideas & to promote discussion. If all posts are rediculed by others, the "posters" would just stop posting & there goes the forum. One get's the feeling of sour grapes by losers.
Money Makes Money
  • #68,172
  • Oct 18, 2013 5:07pm Oct 18, 2013 5:07pm
Quoting PipTrapper
{quote} It doesn't mean 9715 will be reached. I'm just calling a max high as a guess based on probabilities derived from my analysis.
I like to use the word "Area",

0.9695 area.......................

I like to use the Terms "Floor" or "Ceiling"...............

but normally I just post a chart, draw market direction and it follows within a 30 pip area up or down.............
The More You Learn, The More You Earn.....
  • #68,173
  • Oct 18, 2013 6:33pm Oct 18, 2013 6:33pm
Quoting PipTrapper
{quote} Yes it seems the extremely biased bears are licking their wounds today. Once the Aussie drops back below 9500, they'll be back screaming "I told you so"
Quoting okanemici
Do yourselves a favour and take this opportunity , Long Audusd 0.9395 , short Euraud 1.4440 !!!
You are right , my voice gone because of shouting LONG AUDUSD but people kept on having short bias.They are either unaware of daily and weekly trends or someone sends them to shout the opposite With what I saw on my chart for 12 days long, it was unbeliavable for audusd to be shorted !
With one difference, my journey was supposed to end at 0.9630 but it went up 46 pips more
  • #68,174
  • Oct 18, 2013 8:02pm Oct 18, 2013 8:02pm
9520 will be the area where i will start re-loading long, then 9400 & 9300 SL will be 8800 target 1.03
Howeverr, I don't believe we will see below 9250 for quite some time
  • #68,175
  • Oct 18, 2013 8:05pm Oct 18, 2013 8:05pm
hey guys those who agree do sign here

http://www.forexfactory.com/showthread.php?t=453308

Haters gonna hate but any ways this is my opinion.
been there done that, Good Bye
  • #68,176
  • Oct 18, 2013 10:41pm Oct 18, 2013 10:41pm
Hey guys,

in your opinion just at the sunday market re-open do you think aud/usd will go up immediatly again or will it make a retracement before starting again up?

Many thanks in advance for your opinion

The best
Don't give up
  • #68,177
  • Oct 18, 2013 10:52pm Oct 18, 2013 10:52pm
Quoting geomink
Hey guys, in your opinion just at the sunday market re-open do you think aud/usd will go up immediatly again or will it make a retracement before starting again up? Many thanks in advance for your opinion The best
I expect a gap down in Sunday open . According to my small tf wave count I expect it will visit .9620-30 area first before going .97xx. But who knows.....
Never test the depth of water with both feet.
  • #68,178
  • Oct 18, 2013 11:12pm Oct 18, 2013 11:12pm
Quoting fxlover11
{quote} I expect a gap down in Sunday open . According to my small tf wave count I expect it will visit .9620-30 area first before going .97xx. But who knows.....
thx
Don't give up
  • #68,179
  • Oct 19, 2013 1:04am Oct 19, 2013 1:04am
Quoting geomink
Hey guys, in your opinion just at the sunday market re-open do you think aud/usd will go up immediatly again or will it make a retracement before starting again up? Many thanks in advance for your opinion The best
This is obviously only a guess because nobody can predict future price, but my speculation is that we get a small gap upwards and then a correction to at least 9520/30 area. From there is yet to be seen, but for now I am sticking to my mid term view that we will once again see 8900. When all depends on how long this corrective action continues.
Those who say it cannot be done should not interrupt those who are doing it
  • #68,180
  • Edited 7:42am Oct 19, 2013 4:43am | Edited 7:42am
Quoting PipTrapper
{quote} This is obviously only a guess because nobody can predict future price, but my speculation is that we get a small gap upwards and then a correction to at least 9520/30 area. From there is yet to be seen, but for now I am sticking to my mid term view that we will once again see 8900. When all depends on how long this corrective action continues.
Yes Sir , I also think that it is just a speculation . Just expected a a gap down to satisfy my count which may not proved correct.
Also another thing that I have observed most of time when price goes up at the closing I see gap down at the Sunday open.
Also after reaching .96xx I have changed my previous count of wave 5 down to .88xx or something, as I have doubt whether the previous 5 wave impulse down was wave 3 down or wave c of wave 4 in a bullish cycle. If I count it as a correction of wave 3 down then I have seen wave 4 overlapping with wave 1.
Never test the depth of water with both feet.
39 traders viewing now