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AUD/USD

  • #72,541
  • Feb 12, 2014 11:30am Feb 12, 2014 11:30am
just curious aud/usd want to test some support level before upmove and then making H1 downtrend
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we are in cause and effect
  • #72,542
  • Feb 12, 2014 11:36am Feb 12, 2014 11:36am
hmms.. the trend line u drew is broken.. so why would u say it would test the previous low and bounce above the trend line again?
in technical aspects.. if it bounces, shouldn't it instead test the broken trend line and continue dropping?
because if it breaks above again, this would be considered a fake break... ?

just wondering...
  • #72,543
  • Feb 12, 2014 12:00pm Feb 12, 2014 12:00pm
Could be heading back below 90xx with the rejection in EA and the high GA. We will have to see, no conviction here especially with data coming up, no trade, but it's a possibility
  • #72,544
  • Feb 12, 2014 12:28pm Feb 12, 2014 12:28pm
Morning
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FF journal: Peaks and Troffs
  • #72,545
  • Feb 12, 2014 4:36pm Feb 12, 2014 4:36pm
AUD .9025

Market looks heavy ahead of todays unemployment.

Stops near .8985

IMF says Australia should keep low interest rates in growth mode. Take that with a pinch of...

Think we are range bound with many who had hopes of a break out.

Equities look like they have stalled also after the fall and then bounce from the lows.

Good Luck
  • #72,546
  • Feb 12, 2014 4:42pm Feb 12, 2014 4:42pm
Is it turning bearish now?
big black candle setting up in M30
http://www.forexfactory.com/C:\Users...p\x10sctmp.png
  • #72,547
  • Feb 12, 2014 4:44pm Feb 12, 2014 4:44pm
Quoting lasty
AUD .9025 Market looks heavy ahead of todays unemployment. Stops near .8985 IMF says Australia should keep low interest rates in growth mode. Take that with a pinch of... Think we are range bound with many who had hopes of a break out. Equities look like they have stalled also after the fall and then bounce from the lows. Good Luck
Fuck the IMF.
  • #72,548
  • Feb 12, 2014 4:57pm Feb 12, 2014 4:57pm
Quoting ywkoh
Is it turning bearish now? big black candle setting up in M30 {image}
there is a possibility heading down below 0.8xxx, unless Aussie wanna come back the parity level. I try some short to catch the early train today from here
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  • #72,549
  • Feb 12, 2014 5:11pm Feb 12, 2014 5:11pm
Am also looking to short this but feel it will see .9026 before heading south again. Will wait for the announcement before committing.
Whats it all about anyway?
  • #72,550
  • Feb 12, 2014 5:56pm Feb 12, 2014 5:56pm
anyone bet on the coming news?
  • #72,551
  • Feb 12, 2014 6:20pm Feb 12, 2014 6:20pm
hopefully no bueno!
  • #72,552
  • Feb 12, 2014 6:23pm Feb 12, 2014 6:23pm
Quoting 2301041124
anyone bet on the coming news?
no man's land
  • #72,553
  • Feb 12, 2014 6:25pm Feb 12, 2014 6:25pm
Quoting eurusd_trade
{quote} no man's land

  • #72,554
  • Feb 12, 2014 6:28pm Feb 12, 2014 6:28pm
Note – Labour Force Survey population benchmarks, and the estimates, are revised in this release today (i.e changes have been made to the population base for today’s survey). The result today is therefore going to be a bit more of a lottery than normal.
  • #72,555
  • Feb 12, 2014 6:30pm Feb 12, 2014 6:30pm
Quoting 2301041124
anyone bet on the coming news?
Hi, my direction of AudUsd is lower to buy. For today's coming news trade. I'll buy on the 1st bar moving up. Anything from the range of 90.07-90.35 I'll long. Unless unemployment rate is higher than 5.9. I'll based on this and prepare to long 7.73 lots based on 2 percent of 40 pips stop loss.
  • #72,556
  • Feb 12, 2014 6:31pm Feb 12, 2014 6:31pm
a big miss again
  • #72,557
  • Feb 12, 2014 6:31pm Feb 12, 2014 6:31pm
  • #72,558
  • Feb 12, 2014 6:32pm Feb 12, 2014 6:32pm
0.883 soon
  • #72,559
  • Feb 12, 2014 6:33pm Feb 12, 2014 6:33pm
Quoting Rizmeister


Best not get too excited though, the jobless claims tomorrow might come in shite and they could ram it straight back up again.
I have no clue what I'm talking about.
  • #72,560
  • Feb 12, 2014 6:33pm Feb 12, 2014 6:33pm
Quoting onthemarch
{quote} Hi, my direction of AudUsd is lower to buy. For today's coming news trade. I'll buy on the 1st bar moving up. Anything from the range of 90.07-90.35 I'll long. Unless unemployment rate is higher than 5.9. I'll based on this and prepare to long 7.73 lots based on 2 percent of 40 pips stop loss.
Unemployment rate is 6. Is higher than 5.9 of my condition set. So, is a no trade for me.
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