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AUD/USD

  • #71,861
  • Jan 24, 2014 5:08am Jan 24, 2014 5:08am
closed 662
With a good book and quality paper you can fine wipe your ass.
  • #71,862
  • Jan 24, 2014 5:10am Jan 24, 2014 5:10am
goldman morgan - 8500
  • #71,863
  • Jan 24, 2014 5:14am Jan 24, 2014 5:14am
Quoting htsang
Hey Guys My setup for today {image}
I think this pair is so bearish without retracement that it is on its way to .85
The true fact is market doesn't care, risk mgt is important.
  • #71,864
  • Jan 24, 2014 5:18am Jan 24, 2014 5:18am
china was up today meaning tht view on china has improved since yesterday for 0.6%

so it is not china the reason.
  • #71,865
  • Jan 24, 2014 5:46am Jan 24, 2014 5:46am
Quoting seaman2
china was up today meaning tht view on china has improved since yesterday for 0.6% so it is not china the reason.
what have you been reading lately.... China's finance minister came out to say china may face difficulties in the year of 2014, and also ICBC said not to worry as they will bail out bad debts....
thats bad news.... bailout is never a good news... it destroys confidence... thats why you see Chinese Banks Shares falling for last few days...and since Australia and China are so closely linked due to trade... the Aussie is not having a good time...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #71,866
  • Jan 24, 2014 6:10am Jan 24, 2014 6:10am
Quoting rendite
@htsang your price target was hit at the time you posted the chart................???
Actually price just touched at the Blue 'Buy Zone' in my chart while i posted on forexfactory., and as per my setup, it has worked in our favour now
Take full profit or partial profit is recommended, with break even with the rest of the trade

Good luck
Only the strong survives!
  • #71,867
  • Jan 24, 2014 6:12am Jan 24, 2014 6:12am
Quoting Ssm
{quote} I think this pair is so bearish without retracement that it is on its way to .85
I believe it will trade in the 85's , - my trade is only a scalp intraday

HOwever i believe we will have a minor correction WHEN we hit 0.86310 before going further down

Cheers
Only the strong survives!
  • #71,868
  • Jan 24, 2014 6:15am Jan 24, 2014 6:15am
Quoting htsang
Hey Guys My setup for today {image}
As per my trade setup 4 hrs ago, our trade went in our favor of around 30 pips within an hour.
Recommended to take partial profit or take trade off, trade should have resulted 1Risk :1.5Reward,

Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Friday Setup Successful 2014-01-24_11-25.jpg Size: 130 KB
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD Friday Setup2014-01-24_11-25.jpg Size: 143 KB
Only the strong survives!
  • #71,869
  • Jan 25, 2014 8:44am Jan 25, 2014 8:44am
"Australian Central Bank's Ridout, saying A$ hasn't fallen far enough, in her own opinion, adding that at $0.80 is a fair deal for the economy... "

Anybody read this? Just read it on the news section. Is the source reliable?
The true fact is market doesn't care, risk mgt is important.
  • #71,870
  • Jan 25, 2014 8:54am Jan 25, 2014 8:54am
Quoting Ssm
"Australian Central Bank's Ridout, saying A$ hasn't fallen far enough, in her own opinion, adding that at $0.80 is a fair deal for the economy... " Anybody read this? Just read it on the news section. Is the source reliable?
I wouldn't pay too much attention to these statements because the day they decide A$ has reached a fair price won't let you know for sure. Potential to get to 0.8 is technically there though. I think they just wanted to avoid parity mainly. 0.85 or 0.8 is not a game changer difference for them.
  • #71,871
  • Jan 26, 2014 7:46pm Jan 26, 2014 7:46pm
Took a quick dixie...

Holding for a little more on the balance!
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #71,872
  • Jan 26, 2014 8:50pm Jan 26, 2014 8:50pm
Just because it's better to be safe than sorry...

Unloaded another partial...
Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #71,873
  • Jan 26, 2014 8:55pm Jan 26, 2014 8:55pm
Sweeeeeeet!

Time for me to wait for a reload!

Ka-Ching!
Attached Image (click to enlarge)
Click to Enlarge Name: wait.png Size: 35 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #71,874
  • Jan 26, 2014 9:12pm Jan 26, 2014 9:12pm
Whew...

Dodged that bullet!

Not the entire range of play...but hey...

Nobody is perfect!
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #71,875
  • Jan 26, 2014 9:29pm Jan 26, 2014 9:29pm
Might be a little more on top...

But I made up for spread to capture current market range.

Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #71,876
  • Jan 26, 2014 9:49pm Jan 26, 2014 9:49pm
Am I mistaken on the idea of "Interactive Trading"?

Is that FF code for, weekend chatter only?

Is there an FF to English dictionary available?
Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #71,877
  • Jan 26, 2014 9:58pm Jan 26, 2014 9:58pm
sudden spike on the chart. no news at all.
  • #71,878
  • Jan 26, 2014 10:07pm Jan 26, 2014 10:07pm
Quoting Halba
sudden spike on the chart. no news at all.
good time to go short
  • #71,879
  • Jan 26, 2014 10:09pm Jan 26, 2014 10:09pm
Quoting Halba
sudden spike on the chart. no news at all.
At this moment, looks healthy retracement or profit taking by retail investors from last week, nothing unusual.

IMO, its healthy and normal as long as price is capped under .8755.
The true fact is market doesn't care, risk mgt is important.
  • #71,880
  • Jan 26, 2014 10:40pm Jan 26, 2014 10:40pm
Gunna knuckle out a few here and see how the rest carry...
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Click to Enlarge Name: preserv.png Size: 29 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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