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AUD/USD

  • #70,521
  • Dec 12, 2013 7:50am Dec 12, 2013 7:50am
nows the time to long... instos wanted to buy in at a lower price
  • #70,522
  • Dec 12, 2013 7:51am Dec 12, 2013 7:51am
Quoting gstup
I was wondering,why everyone shout for long... My channel worked. +180pip {image}
Anyone can say he knew it after something happened.
  • #70,523
  • Dec 12, 2013 7:54am Dec 12, 2013 7:54am
Quoting MrketSniper
{quote} Anyone can say he knew it after something happened.

Don'T be phatetic.+180 pip,this is matter,nothing more.
  • #70,524
  • Dec 12, 2013 7:56am Dec 12, 2013 7:56am
Anyone know why there was a sudden drop in aud.usd before the news release?
Faith ends where worry begins, and worry ends where faith begins.
  • #70,525
  • Dec 12, 2013 8:00am Dec 12, 2013 8:00am
Quoting forexvegan
Anyone know why there was a sudden drop in aud.usd before the news release?
RBA Stevens made a statement that he wants the AUDUSD at .85c
Make sure that the light at the end of the tunnel is not an on coming train
  • #70,526
  • Dec 12, 2013 8:00am Dec 12, 2013 8:00am
Quoting forexvegan
Anyone know why there was a sudden drop in aud.usd before the news release?
http://www.theguardian.com/business/...australia-cars


Take out any longs from last week
  • #70,527
  • Dec 12, 2013 8:02am Dec 12, 2013 8:02am
Quote
Anyone know why there was a sudden drop in aud.usd before the news release?

Massive H&S from Aug to Nov, neckline @ 0.929 targets a move to at least 0.88 before a strong possibility of rebound.
  • #70,528
  • Dec 12, 2013 8:07am Dec 12, 2013 8:07am
Quoting dragon88
nows the time to long... instos wanted to buy in at a lower price
Didn't you heard? RBA governor said that AUDUSD should be closer to 0.85.
The true fact is market doesn't care, risk mgt is important.
  • #70,529
  • Dec 12, 2013 8:13am Dec 12, 2013 8:13am
Quoting Ssm
{quote} Didn't you heard? RBA governor said that AUDUSD should be closer to 0.85.
is this guy still talking? anyone have a link to to his speech?
Faith ends where worry begins, and worry ends where faith begins.
  • #70,530
  • Dec 12, 2013 8:14am Dec 12, 2013 8:14am
Quoting Ssm
{quote} Didn't you heard? RBA governor said that AUDUSD should be closer to 0.85.

Agree Ssm,
what has happened to following price action?
Make sure that the light at the end of the tunnel is not an on coming train
  • #70,531
  • Dec 12, 2013 8:15am Dec 12, 2013 8:15am
Quoting gstup
{quote} Don'T be phatetic.+180 pip,this is matter,nothing more.
Haha, I would love to see you post your trades.
  • #70,532
  • Dec 12, 2013 8:15am Dec 12, 2013 8:15am
next station is 0,8850 - there is good support there
  • #70,533
  • Dec 12, 2013 8:16am Dec 12, 2013 8:16am
Quoting gstup
{quote} Don'T be phatetic.+180 pip,this is matter,nothing more.
And actually yes, only 180pips. And you decide to close the trade now?
  • #70,534
  • Dec 12, 2013 8:18am Dec 12, 2013 8:18am
Quoting mladen111
next station is 0,8850 - there is good support there

Well RBA is very desperate to try and scare as many people as they can out of the carry trade build up that is going on...only thing the RBA did was give everyone better levels to build long positions... too funny...best of luck to the RBA!
  • #70,535
  • Dec 12, 2013 8:19am Dec 12, 2013 8:19am
Holy shit, so all EU has to say is they want the Euro at 1.3... What the hell they waiting for.

Apparently somebody in Europe got the scoop yesterday, EURAUD launched 200 + pips yesterday.
  • #70,536
  • Dec 12, 2013 8:22am Dec 12, 2013 8:22am
long 8950 sl 8918
tp open
  • #70,537
  • Dec 12, 2013 8:26am Dec 12, 2013 8:26am
Quoting NJaNeer
Holy shit, so all EU has to say is they want the Euro at 1.3... What the hell they waiting for. Apparently somebody in Europe got the scoop yesterday, EURAUD launched 200 + pips yesterday.

No one would take the ECB serious. RBA had a chance to move the AUD since it is super thin in the US / Europe session so they are taken it to go clean out stops on eur/aud, gbp/aud and some aud/usd. That is all that is going on when the RBA let's it go your going to see if jump back above were the RBA came in!

If the ECB tried this same thing they would not have any success because the EURO is not super thin at any hour....
  • #70,538
  • Dec 12, 2013 8:42am Dec 12, 2013 8:42am
Quoting forexvegan
{quote} is this guy still talking? anyone have a link to to his speech?
Its midnight in Aussie land, the source is unknown at the moment. Maybe we will have a clearer picture when Australia market opens.
The true fact is market doesn't care, risk mgt is important.
  • #70,539
  • Dec 12, 2013 8:53am Dec 12, 2013 8:53am
Quoting Ssm
{quote} Its midnight in Aussie land, the source is unknown at the moment. Maybe we will have a clearer picture when Australia market opens.
Got it, thanks.
Faith ends where worry begins, and worry ends where faith begins.
  • #70,540
  • Dec 12, 2013 8:56am Dec 12, 2013 8:56am
Quoting forexvegan
{quote} Got it, thanks.
However, most likely source will be true as this pair continue to slide down further.
The true fact is market doesn't care, risk mgt is important.
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