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AUD/USD

  • #70,681
  • Dec 15, 2013 4:34pm Dec 15, 2013 4:34pm
Quoting tony95
{quote} I agree that odds are the Fed will not taper in December, but that won't stop AUD from going lower.

sure tony,AUD is for sale medium to long term,so long as Stevens have voiced 0.85,he will rather cut rates or deploy other measures within his reach(and he has a lot to chose from) than have the oz not do his bidding
  • #70,682
  • Dec 15, 2013 5:58pm Dec 15, 2013 5:58pm
Quoting AlbertR
and HEAD & SHOULDERS. VERY BIG DROP BEGIN? {image}
well..i dont know about HS patt but just look at this and i think its same view u look at (daily,4hrs,one hr)

GL.

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when GOD brings you a challenge he also gives you the power to deal with it
  • #70,683
  • Dec 15, 2013 6:20pm Dec 15, 2013 6:20pm
I've re entered short.
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FF journal: Peaks and Troffs
  • #70,684
  • Dec 15, 2013 6:38pm Dec 15, 2013 6:38pm
Quoting bogus
I've re entered short. {image}
Aussie normally will fake shoot up before another drop..
  • #70,685
  • Dec 15, 2013 7:14pm Dec 15, 2013 7:14pm
H1 has topped and will be testing the lows @ 0.8905,
If these can stick, push longer is in the cards..............
The More You Learn, The More You Earn.....
  • #70,686
  • Dec 15, 2013 7:32pm Dec 15, 2013 7:32pm
to help us chilled before taking a trade..


Anybody Home???

Once, there was a man who was upset by his past deeds that he decided to visit a church and confess all of his sins. When he arrived at the church, he walked to the confession area and spoke to the pastor.

"Father, I am sinful."

"Yes son, just tell me what have you done, the Lord will forgive you."

"Father, I have a steady relationship with my girlfriend. It`s been 3 years and nothing serious ever happened between us. Yesterday, I visited her house and nobody was at home except for her sister. We were alone and I slept with her."

"That`s bad my boy. Fortunately you realize your mistake."

"Father, last week I went to her office to look for her, but nobody was around except for one of her colleagues, so I slept with her too."

"That`s not very good of you."

"Father, last month, I went to her uncle`s house to look for her. Nobody was around except for her auntie, and I slept with her too."

"Father? ......... Father?" suddenly this guy realized that there was no response from the Father. He walked over and discovered that the Pastor was not there. So he began searching for him.

"Father? Where are you?"

He searched high and low, and finally he found him hiding under the table behind the piano.

"Father, why are you hiding here?"

"Sorry son, suddenly I remembered there is nobody around here except me."
  • #70,687
  • Dec 15, 2013 7:34pm Dec 15, 2013 7:34pm
Quoting forexalien
H1 has topped and will be testing the lows @ 0.8905, If these can stick, push longer is in the cards..............
Nikkei down today is helping the push down. HSBC Flash Manufacturing PMI out in ten minutes will be a big factor in this.
  • #70,688
  • Dec 15, 2013 7:42pm Dec 15, 2013 7:42pm
Quote
AUDUSD – Bearish pressure on the pair, heading towards weak sell stops sub-0.8909. Support in at 0.8900.. more stops under 0.8880..

src:order flow trading

Get Rich or Die Tryin
  • #70,689
  • Dec 15, 2013 7:53pm Dec 15, 2013 7:53pm
Quoting Hotkqash
{quote} sure tony,AUD is for sale medium to long term,so long as Stevens have voiced 0.85,he will rather cut rates or deploy other measures within his reach(and he has a lot to chose from) than have the oz not do his bidding

Yes, .8500 I can see it easily. Will be difficult to make money counter trend, but it can be done. I took a little one Thursday, but it was more risky and less than 1 to 3 risk reward. The writing is on the wall, just need to be patient and skillful to take advantage of the downtrend for bigger profits.

I am looking to attempt a short at 0.8978
  • #70,690
  • Dec 15, 2013 9:01pm Dec 15, 2013 9:01pm
Quoting forexalien
H1 has topped and will be testing the lows @ 0.8905, If these can stick, push longer is in the cards..............
0.8920 we made it down to so far......................above post is less than 2 hours old................
The More You Learn, The More You Earn.....
  • #70,691
  • Dec 15, 2013 9:11pm Dec 15, 2013 9:11pm
you guys want to sell short into this support ?
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  • #70,692
  • Dec 15, 2013 9:29pm Dec 15, 2013 9:29pm
Quoting k3nshinz3139
{quote} Aussie normally will fake shoot up before another drop..
This is call big boys laying the bull trap.
The true fact is market doesn't care, risk mgt is important.
  • #70,693
  • Dec 15, 2013 9:33pm Dec 15, 2013 9:33pm
Quoting forexalien
{quote} 0.8920 we made it down to so far......................above post is less than 2 hours old................
Push longer to where?
Faith ends where worry begins, and worry ends where faith begins.
  • #70,694
  • Dec 15, 2013 9:33pm Dec 15, 2013 9:33pm
Quoting IveGotQuads
you guys want to sell short into this support ? {image}
Good to point out but if you notice, there are no strong rejection candle compared to the previous 2 rejection. And most importantly, I stress again, RBA wants 0.85 level. 0.85 will be the real support line, but weak in reality.
The true fact is market doesn't care, risk mgt is important.
  • #70,695
  • Dec 15, 2013 9:34pm Dec 15, 2013 9:34pm
Quoting Ssm
{quote} This is call big boys laying the bull trap.
Its not going up yet so the shorts are having a field day.
Faith ends where worry begins, and worry ends where faith begins.
  • #70,696
  • Dec 15, 2013 9:51pm Dec 15, 2013 9:51pm
Quoting Ssm
{quote} Good to point out but if you notice, there are no strong rejection candle compared to the previous 2 rejection. And most importantly, I stress again, RBA wants 0.85 level. 0.85 will be the real support line, but weak in reality.
You may be right but i think you are cutting it too thin. Lets see what happens when it gets to the zone proper. AUD/USD orders are sellers 0.8990/0.9000 and buyers at 0.8925/30 so theres a high probability this will retrace upwards. This is not absolute its just all probabilities
  • #70,697
  • Dec 15, 2013 9:57pm Dec 15, 2013 9:57pm
Quoting forexvegan
{quote} Push longer to where?
At this time the .9030 area until I see different...................
The More You Learn, The More You Earn.....
  • #70,698
  • Dec 15, 2013 9:57pm Dec 15, 2013 9:57pm
Quoting izzas
to help us chilled before taking a trade.. Anybody Home??? Once, there was a man who was upset by his past deeds that he decided to visit a church and confess all of his sins. When he arrived at the church, he walked to the confession area and spoke to the pastor. "Father, I am sinful." "Yes son, just tell me what have you done, the Lord will forgive you." "Father, I have a steady relationship with my girlfriend. It`s been 3 years and nothing serious ever happened between us. Yesterday, I visited her house and nobody was at home except for her sister....
  • #70,699
  • Dec 15, 2013 9:58pm Dec 15, 2013 9:58pm
I'm out of shorts and long at .8955 on a nice 15 min 1,2,3 switch a roo.
FF journal: Peaks and Troffs
  • #70,700
  • Dec 15, 2013 9:58pm Dec 15, 2013 9:58pm
Quoting forexvegan
{quote} Its not going up yet so the shorts are having a field day.
But it is going up.............Is your monitor upside down...........?
The More You Learn, The More You Earn.....
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