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AUD/USD

  • #68,941
  • Nov 3, 2013 9:08pm Nov 3, 2013 9:08pm
WHAT happened....? EURO CRASH, AUD CRASH
  • #68,942
  • Nov 3, 2013 9:12pm Nov 3, 2013 9:12pm
Quoting zew
WHAT happened....? EURO CRASH, AUD CRASH
http://www.forexlive.com/blog/2013/1...november-2013/

http://www.forexlive.com/blog/2013/1...november-2013/
  • #68,943
  • Nov 3, 2013 9:35pm Nov 3, 2013 9:35pm
I suspect that A/U will retrace as long as last friday Low is not breach. It will continue to move upwards.
  • #68,944
  • Nov 3, 2013 9:35pm Nov 3, 2013 9:35pm
Fisher opened his mouth...
  • #68,945
  • Nov 3, 2013 9:46pm Nov 3, 2013 9:46pm
Quoting Ysfbeck
I think the bullish trend in audjpy is confirmed
I think we are rolling over.
Build good relationships with others.
  • #68,946
  • Nov 3, 2013 9:57pm Nov 3, 2013 9:57pm
Quoting shellsnail
{quote} I think we are rolling over.
i think so , rolling is not hard
  • #68,947
  • Nov 3, 2013 10:07pm Nov 3, 2013 10:07pm
Quoting jasakreatif
{quote} i think so , rolling is not hard
H&S pattern on 5minute
Build good relationships with others.
  • #68,948
  • Nov 3, 2013 10:19pm Nov 3, 2013 10:19pm
Quoting shellsnail
{quote} H&S pattern on 5minute

Looks like one forming on the Daily as well?
  • #68,949
  • Nov 3, 2013 10:25pm Nov 3, 2013 10:25pm
Quoting shellsnail
{quote} H&S pattern on 5minute
ranging sea wave pattern H1
  • #68,950
  • Nov 4, 2013 9:09am Nov 4, 2013 9:09am
Nobody trading today on Monday .?
  • #68,951
  • Nov 4, 2013 9:10am Nov 4, 2013 9:10am
Quoting leticus
Nobody trading today on Monday .?
I don't see any worthwhile setups. Do you?

RBA rate statement tomorrow (tonight)
Those who say it cannot be done should not interrupt those who are doing it
  • #68,952
  • Nov 4, 2013 9:14am Nov 4, 2013 9:14am
Quoting Ill-b-back
{quote} Put your fib tool on your chart, double click it, right click, go to \"properties\", find \"colour\" and change it. Note: there is a colour option for the fib point connection line and another tab for the levels so need to select the correct one.

Thanks Mate.
Make sure that the light at the end of the tunnel is not an on coming train
  • #68,953
  • Nov 4, 2013 9:15am Nov 4, 2013 9:15am
Quoting PipTrapper
{quote} The fibo tool in MT4 has only two color settings. One for the tool line and one for the levels. There are no unique color settings for each level. What you can do is draw two tools. Ome with the 0, 23.6, 38.2, 50 and 100 levels in one color and then a second tool with the 61.8, 78.6 and 88.6 levels in a different color. However, that is a lot of work to do each time you want to draw a fib tool.

Thanks for that Pip Trapper.
Will try and do it as you say.

cheers
Mark Up
Make sure that the light at the end of the tunnel is not an on coming train
  • #68,954
  • Nov 4, 2013 9:15am Nov 4, 2013 9:15am
Quoting PipTrapper
{quote} I don't see any worthwhile setups. Do you? RBA rate statement tomorrow (tonight)
Today indeed didn't trade much because sideway trend too much.


yes, tmr rba. Be careful.


friday is payroll.

now what yr call for audusd ? Like to hear yr expert opinions. Thanks
  • #68,955
  • Nov 4, 2013 9:20am Nov 4, 2013 9:20am
Quoting leticus
{quote} Today indeed didn't trade much because sideway trend too much. yes, tmr rba. Be careful. friday is payroll. now what yr call for audusd ? Like to hear yr expert opinions. Thanks
The way things are looking, the RBA will stay at current rate. What the market will be looking for in the statement is how the RBA feels the economy is performing. If they are hawkish or neutral on the economy, then it makes a rate cut less probable in the near term and Aussie will rally. The opposite holds true for a dovish statement on the economy. If a rate cut is mentioned, then how the market reacts will be based on the guidance of when such rate cut may come. Until we read that statement, from a technical perspective there is scope for movement in either direction.
Those who say it cannot be done should not interrupt those who are doing it
  • #68,956
  • Nov 4, 2013 10:00am Nov 4, 2013 10:00am
Market is always informed on time...and today's move up is introduction for tonight's rally.
The Market pays you to be disciplined
  • #68,957
  • Nov 4, 2013 10:05am Nov 4, 2013 10:05am
Quoting PipTrapper
{quote} The way things are looking, the RBA will stay at current rate. What the market will be looking for in the statement is how the RBA feels the economy is performing. If they are hawkish or neutral on the economy, then it makes a rate cut less probable in the near term and Aussie will rally. The opposite holds true for a dovish statement on the economy. If a rate cut is mentioned, then how the market reacts will be based on the guidance of when such rate cut may come. Until we read that statement, from a technical perspective there is scope...
i remember someone in the Australian government mensioned a cut rate will be happen soon , am i right ?
  • #68,958
  • Nov 4, 2013 10:17am Nov 4, 2013 10:17am
Quoting Aoh
{quote} i remember someone in the Australian government mensioned a cut rate will be happen soon , am i right ?
For such statement market would already respond so far they are happy with no cut and rally is on the way...
The Market pays you to be disciplined
  • #68,959
  • Nov 4, 2013 4:17pm Nov 4, 2013 4:17pm
A fall is likey towards .946x in AU imo....
Never test the depth of water with both feet.
  • #68,960
  • Nov 4, 2013 6:33pm Nov 4, 2013 6:33pm
Quoting fxlover11
A fall is likey towards .946x in AU imo....
I believe so technically i am short , but i am afraid of the cash rate and RBA !
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