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AUD/USD

  • #72,061
  • Jan 30, 2014 7:51am Jan 30, 2014 7:51am
Quoting johnbrennan
{quote} So in the meantime, would you not conceive a Long?
NO
  • #72,062
  • Jan 30, 2014 7:54am Jan 30, 2014 7:54am
Quoting irongoose
Anyone take a glance over at the Eur? Its getting an ass kicking from the dollar right now, I really felt it was going to go down after all the FOMC statement but the charts weren't giving anything away and I try not to trade using " The Force" anymore.
Yeah i was surprised it didnt move at all yesterday which lead me to believe it could make a new high today. New high still happens but maybe not until next week.
  • #72,063
  • Jan 30, 2014 8:00am Jan 30, 2014 8:00am
Attached Image (click to enlarge)
Click to Enlarge Name: aud1.PNG Size: 19 KB
  • #72,064
  • Jan 30, 2014 8:02am Jan 30, 2014 8:02am
Quoting edindzeko
{quote} Yeah i was surprised it didnt move at all yesterday which lead me to believe it could make a new high today. New high still happens but maybe not until next week.
Like I said the charts weren't giving anything away so the next direction would have been only a guess, this is another reason why I usually don't trade news because a lot of times the news is used as manipulation points for big money to exit and enter positions while you are left scratching your head why the price didn't behave the way it was supposed to.
  • #72,065
  • Jan 30, 2014 8:04am Jan 30, 2014 8:04am
Quoting Dano12
{image}
I won't even try to explain what I'm looking at here.
  • #72,066
  • Jan 30, 2014 8:14am Jan 30, 2014 8:14am
Quoting irongoose
{quote} I won't even try to explain what I'm looking at here.

looking shosrt 8800
  • #72,067
  • Jan 30, 2014 8:16am Jan 30, 2014 8:16am
Quoting irongoose
{quote} I won't even try to explain what I'm looking at here.
I'm going to start a world wide televised campaign for the promotion of cleaner charts with donation numbers to help fight messy looking charts and a free hot line for those in need of help cleaning up their charts.
  • #72,068
  • Jan 30, 2014 8:17am Jan 30, 2014 8:17am
Quoting irongoose
{quote} I'm going to start a world wide televised campaign for the promotion of cleaner charts with donation numbers to help fight messy looking charts and a free hot line for those in need of help cleaning up their charts.
  • #72,069
  • Jan 30, 2014 8:27am Jan 30, 2014 8:27am
We have a nice big long down candle close below the last high on the one hour chart! Crash and burn AUD!!!!!!!
  • #72,070
  • Jan 30, 2014 8:49am Jan 30, 2014 8:49am
Quoting irongoose
{quote} I'm going to start a world wide televised campaign for the promotion of cleaner charts with donation numbers to help fight messy looking charts and a free hot line for those in need of help cleaning up their charts.
Or you could just save some time and money and hit the ignore button.
  • #72,071
  • Jan 30, 2014 8:54am Jan 30, 2014 8:54am
Quoting irongoose
We have a nice big long down candle close below the last high on the one hour chart! Crash and burn AUD!!!!!!!
Already added shorts ... tonight's data is approaching too.
Fix up, trade sharp ...
  • #72,072
  • Jan 30, 2014 9:13am Jan 30, 2014 9:13am
Quoting TheTopBloke
{quote} Or you could just save some time and money and hit the ignore button.
Messy charts is a serious problem that can often lead to obsessive behavior and over analyzing the markets leading to confusion and loss of confidence and then even more serious problems like depression and the possibility of one taking their own life!

No people with messy charts can't be ignored and need help before tragedy strikes!!

IF YOU ARE ONE OF THE THOUSANDS OF TRADERS THAT HAVE A CHART THAT LOOKS LIKE THIS AND ARE HAVING FEELINGS OF WORTHLESSNESS,CONFUSION,AND SLEEP AT YOUR DESK ITS TIME TO GET HELP' THERE ARE PEOPLE THAT CARE ABOUT YOU.
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-09-28-TOS_CHARTS.png Size: 66 KB
  • #72,073
  • Jan 30, 2014 9:47am Jan 30, 2014 9:47am
Quoting irongoose
{quote} Messy charts is a serious problem that can often lead to obsessive behavior and over analyzing the markets leading to confusion and loss of confidence and then even more serious problems like depression and the possibility of one taking their own life! No people with messy charts can't be ignored and need help before tragedy strikes!! IF YOU ARE ONE OF THE THOUSANDS OF TRADERS THAT HAVE A CHART THAT LOOKS LIKE THIS AND ARE HAVING FEELINGS OF WORTHLESSNESS,CONFUSION,AND SLEEP AT YOUR DESK ITS TIME TO GET HELP' THERE ARE PEOPLE THAT CARE ABOUT...
Good one
Fix up, trade sharp ...
  • #72,074
  • Jan 30, 2014 10:05am Jan 30, 2014 10:05am
always make use of this strategy.

K.I.S.S

Keep it Simple, Stupid.

Bear this in mind while trading and i am sure the returns will be there for you to profit from.
  • #72,075
  • Jan 30, 2014 10:09am Jan 30, 2014 10:09am
considering a short.
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh1.png Size: 45 KB
  • #72,076
  • Jan 30, 2014 11:12am Jan 30, 2014 11:12am
Heading downwards again ... beautiful bear party ahead. First target after breaking 0,8761 is 0,8697.
Fix up, trade sharp ...
  • #72,077
  • Jan 30, 2014 11:32am Jan 30, 2014 11:32am
I just bought this pair ... lets see if it can break the above trend-line
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-01-30_21-30_MetaTrader.jpg Size: 54 KB
  • #72,078
  • Jan 30, 2014 1:12pm Jan 30, 2014 1:12pm
Quoting Bluescalper
I just bought this pair ... lets see if it can break the above trend-line {image}
Why?
Fix up, trade sharp ...
  • #72,079
  • Jan 30, 2014 2:28pm Jan 30, 2014 2:28pm
Quoting Hickson
{quote} Why?
Ranges on AUDUSD .. we are now trading above last week's 0.87554 and previous down leg made higher low 0.8707. I think there is possibility of breaking this week's high.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-01-31_00-22_MetaTrader.jpg Size: 71 KB
  • #72,080
  • Jan 30, 2014 4:16pm Jan 30, 2014 4:16pm
price moving up with high volume befire the news release? hmmm...i smell bear.
Take what the market gives you.
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