AUD/USD | Page 3691 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply

The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies

AUD Trade Balance and AUD Retail sales 6 replies

Attachments: AUD/USD
Exit Attachments

AUD/USD

  • #73,801
  • Mar 5, 2014 6:49pm Mar 5, 2014 6:49pm
Quoting Judge Dent
the macro data lottery, always great when you are on the right side of it. question now is whether the AUD has actually broken up and is set to rally or it is just more of the same - ie short spikes in our time zone that dribbles away in Europe and US. charts looking ok to me, but fundamentally prefer to be short AUD. will try selling some at the 100 day of 9080 with a 35 point stop
It's probably gonna be like yesterday. It's going to bounce off the high a bit during the Tokyo session and then it's going to slowly climb back starting at late Tokyo session and continue during the London session up to 0.9000x and then go from there.
Make your losses in demo. Earn your profits live.
  • #73,802
  • Mar 5, 2014 6:50pm Mar 5, 2014 6:50pm
Quoting Mr. Freeweed
{quote} thanks for the link 09:33 03/05AUDUSD still inching its way higher into offers ahead of the .9000 barrier; stops in good size above that figure
time to fade a bit =)
  • #73,803
  • Mar 5, 2014 6:52pm Mar 5, 2014 6:52pm
*Pop* Goes the barrier! Buy stops ran.

AUDUSD – 0.9000 Barrier taken out, noted buy stops above have been tripped. High of 0.9032
  • #73,804
  • Mar 5, 2014 6:55pm Mar 5, 2014 6:55pm
Australia Make a Great Rally ..
It Will Drop Again Like Yesterday ?
Let See ..
Making Ordinary To Be Extraordinary .
  • #73,805
  • Mar 5, 2014 7:04pm Mar 5, 2014 7:04pm
Quoting mrluckystar
{quote} Good call bro... holding buy from yesterday... and today +1k..
rationale for my call:

strong weekly divergence. cluster of supports below.
Attached Image (click to enlarge)
Click to Enlarge Name: aussie - i7860-TDA_141.png Size: 260 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #73,806
  • Mar 5, 2014 7:09pm Mar 5, 2014 7:09pm
Quoting ffleo
{quote} rationale for my call: strong weekly divergence. cluster of supports below. {image}
May i Know What Is Your Charting Software ?
Making Ordinary To Be Extraordinary .
  • #73,807
  • Mar 5, 2014 7:11pm Mar 5, 2014 7:11pm
Quoting Alonedevils
{quote} May i Know What Is Your Charting Software ?
thinkorswim from TDAmeritrade. Deposit $500 minimum there and you get free data.

You can get the same feature with Sierra Charts, but monthly charge is over $27. http://www.sierrachart.com/index.php?l=doc/Packages.php
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #73,808
  • Mar 5, 2014 7:13pm Mar 5, 2014 7:13pm
Quoting ffleo
{quote} thinkorswim from TDAmeritrade. Deposit $500 minimum there and you get free data.
Thank You FFleo ..
Making Ordinary To Be Extraordinary .
  • #73,809
  • Mar 5, 2014 7:13pm Mar 5, 2014 7:13pm
Quoting ffleo
{quote} rationale for my call: strong weekly divergence. cluster of supports below. {image}
Looks like HnS are in play... if break the neckline, 0.9500 are in play...Then RBA will announce another rate cut at those level..
Peace Yo!
  • #73,810
  • Mar 5, 2014 7:15pm Mar 5, 2014 7:15pm
Quoting mrluckystar
{quote} Looks like HnS are in play... if break the neckline, 0.9500 are in play...Then RBA will announce another rate cut at those level..
I will be happy with 9150 to 9300 for my longs.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #73,811
  • Mar 5, 2014 7:16pm Mar 5, 2014 7:16pm
Quoting mrluckystar
{quote} Looks like HnS are in play... if break the neckline, 0.9500 are in play...Then RBA will announce another rate cut at those level..
I think they'll use the "I" word (intervention). These low rates have been fostering good domestic growth but fueling the over-extended housing market by offering low interest rate mortgages. IMO I think a rate cut would hurt more than help and Gov Stevens knows that.
  • #73,812
  • Mar 5, 2014 7:18pm Mar 5, 2014 7:18pm
Quoting EmeraldEyes
{quote} I think they'll use the "I" word (intervention). These low rates have been fostering good domestic growth but fueling the over-extended housing market by offering low interest rate mortgages. IMO I think a rate cut would hurt more than help and Gov Stevens knows that.
good point. I did not think of that before.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #73,813
  • Mar 5, 2014 7:19pm Mar 5, 2014 7:19pm
It's gotta be the computers playing the market. Both bull runs stopped exactly at 0.90330 dead sharp. No human is that precise.
Make your losses in demo. Earn your profits live.
  • #73,814
  • Mar 5, 2014 7:22pm Mar 5, 2014 7:22pm
Quoting Forexia
It's gotta be the computers playing the market. Both bull runs stopped exactly at 0.90330 dead sharp. No human is that precise.
i think thats rally is over ..
Making Ordinary To Be Extraordinary .
  • #73,815
  • Mar 5, 2014 7:22pm Mar 5, 2014 7:22pm
Quoting EmeraldEyes
{quote} I think they'll use the "I" word (intervention). These low rates have been fostering good domestic growth but fueling the over-extended housing market by offering low interest rate mortgages. IMO I think a rate cut would hurt more than help and Gov Stevens knows that.
Lets see the cpi data for another few month...
Peace Yo!
  • #73,816
  • Mar 5, 2014 7:25pm Mar 5, 2014 7:25pm
Quoting 50pipsperday
{quote} I'm still short 2 lots. Come at me bro.
Told ya!
Money never sleeps I can hear the dollar calling me
  • #73,817
  • Mar 5, 2014 7:25pm Mar 5, 2014 7:25pm
Quoting I-Robo
{quote} bulls are just bullying at this moment....
Money never sleeps I can hear the dollar calling me
  • #73,818
  • Mar 5, 2014 7:28pm Mar 5, 2014 7:28pm
So I was happy scalping when I started to get cocky and broke some of my trading rules. ... OUCH, I took a major hit last night wiping out half of my profit from last week..

I am going to be quiet for a while as I lick my wounds.

Still have some long term shorts in and will wait for these to become profitable.
A genius is born every minute, me I am lucky if my socks match.
  • #73,819
  • Edited 7:40pm Mar 5, 2014 7:29pm | Edited 7:40pm
No surprise. China import record high iron ore in Jan, because of two reasons: one is preparing for Feb and raining season, the other is that some importers get low interest loan from overseas bank (Japan,US) to buy ore then sell to local. The 2nd one seems it doesn't work as they expected, due to gov continuing to cut steel capacity those importers have problems in sale and gov with local banks take some actions to forbid these behaviors.

I expect this might be a very shot bullish rally and it would be ended by this month.
  • #73,820
  • Mar 5, 2014 7:30pm Mar 5, 2014 7:30pm
Quoting Forexia
It's gotta be the computers playing the market. Both bull runs stopped exactly at 0.90330 dead sharp. No human is that precise.
human forex traders are dwindling breed. recent reports show that over 60% of all foreign exchange transactions are automated computer generated trades.
41 traders viewing now