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AUD/USD

  • #74,301
  • Mar 12, 2014 7:50pm Mar 12, 2014 7:50pm
Quoting Forexia
{quote} Did you get out?!!!
I got stopped out. My SL got hit by the rocket up.
There are those who know, and there are those who don't know.
  • #74,302
  • Mar 12, 2014 7:51pm Mar 12, 2014 7:51pm
Quoting palabara
{quote} I got stopped out. My SL got hit by the rocket up.
Yikes!! Did you get slippage?
Make your losses in demo. Earn your profits live.
  • #74,303
  • Mar 12, 2014 7:51pm Mar 12, 2014 7:51pm
toi risky here, it tested the breakout and went back up...
Quoting Boy Wonder
I am adding to my short right here. I think this is a very good place to be short from, with a tight stop.
  • #74,304
  • Mar 12, 2014 7:53pm Mar 12, 2014 7:53pm
Quoting Forexia
{quote} Yikes!! Did you get slippage?
nope, just a regular stop. No biggie. Its part of the trade.. I'll probably have a 3rd trade for AUD this month and close it back on B/E note for AUD.. So GBP and EUR needs to produce for me to close the month in profit.
There are those who know, and there are those who don't know.
  • #74,305
  • Mar 12, 2014 8:00pm Mar 12, 2014 8:00pm
Quoting Forexia
{quote} Yikes!! Did you get slippage?
you are asking for slippage if you have tight stops leading up to an major news event.
Trade what you see, not what you think!
  • #74,306
  • Mar 12, 2014 8:00pm Mar 12, 2014 8:00pm
Quoting Citiboy
Nice call for ffleo. Chart making higher lows, hard to fight that. The abrupt turn around is another bullish signal. I might play it long AUDCAD.
on the following daily chart, as long as it closes above the critical support green line, it is bull. The green dashed line is the ledge of the market profile shown as the light blue profile on the right.

Attached Image (click to enlarge)
Click to Enlarge Name: aussie - i7860-TDA_120.png Size: 221 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #74,307
  • Mar 12, 2014 8:01pm Mar 12, 2014 8:01pm
opened short via Long Eur/Aud... We'll see
Trade what you see, not what you think!
  • #74,308
  • Mar 12, 2014 8:06pm Mar 12, 2014 8:06pm
Buy order was filled @ .90000 on that break out. I see it coming down to the .90300 range and moving sideways until next week. Its still a bull.
Risk comes from not knowing what you're doing.
  • #74,309
  • Mar 12, 2014 8:06pm Mar 12, 2014 8:06pm
19:52 03/12AUDUSD – Offers in at 0.9080
The coincidental success is more dangerous than the expected failure
  • #74,310
  • Mar 12, 2014 8:06pm Mar 12, 2014 8:06pm
Quoting OMGtrader
{quote} you are asking for slippage if you have tight stops leading up to an major news event.
Well in a news like today, regardless how tight or loose your stop is, you are not going to be stopped at your stop price. That's for sure. The price moved from 9018 to 9064 like in 1/2 seconds.
Make your losses in demo. Earn your profits live.
  • #74,311
  • Mar 12, 2014 8:11pm Mar 12, 2014 8:11pm
Quoting Boy Wonder
I am adding to my short right here. I think this is a very good place to be short from, with a tight stop.
f
Agree, and this level has held as a critical resistance level since early Jan.....but who knows!!!
  • #74,312
  • Mar 12, 2014 8:16pm Mar 12, 2014 8:16pm
Quoting Forexia
{quote} Man if I had pulled the trigger on my theory. I would've been at least 60 pips richer. Oh well.
Yeah you and all of us need to be more sure and confident enough with our own thought and theory. Its hard, im on my learning process also
I've failed many times, but I took the lessons,and never give up.God Bless.
  • #74,313
  • Mar 12, 2014 8:18pm Mar 12, 2014 8:18pm
Im also opened my short at 9058..

Pray harder for God blessed ^^V
I've failed many times, but I took the lessons,and never give up.God Bless.
  • #74,314
  • Mar 12, 2014 8:19pm Mar 12, 2014 8:19pm
still on track 100% profit trader, you can give me a hug.
  • #74,315
  • Mar 12, 2014 8:22pm Mar 12, 2014 8:22pm
I see the worst case scenario for bears as a test of the 200dma, 100 pips north of here.
I see the worst case scenario for bulls as a continuation of the trend (which may only come after that test) and a test of the lows at .8660, 400 pips south of here. Further out there is scope for lower lows.
I have no clue what I'm talking about.
  • #74,316
  • Mar 12, 2014 8:27pm Mar 12, 2014 8:27pm
Quoting tedsung
still on track 100% profit trader, you can give me a hug.
Here let me hug you ^^In fact, we all need hug, aside what position we have... The world need a hug now.. Hmm.. I wonder where the missing airplane of MAS is.. Maybe some alien took it..? ** just a market intermezzo
I've failed many times, but I took the lessons,and never give up.God Bless.
  • #74,317
  • Mar 12, 2014 8:36pm Mar 12, 2014 8:36pm
Quoting Miss05
{quote} Yeah you and all of us need to be more sure and confident enough with our own thought and theory. Its hard, im on my learning process also
That's ok there will be lots more employment numbers to come...
Make your losses in demo. Earn your profits live.
  • #74,318
  • Mar 12, 2014 8:42pm Mar 12, 2014 8:42pm
Quoting Ken A
{quote} It's not over
EA good for another 80-90pips
A good trader follows his rules, but great trader knows when to break them
  • #74,319
  • Mar 12, 2014 8:46pm Mar 12, 2014 8:46pm
Quoting Ken A
{quote}
A good trader follows his rules, but great trader knows when to break them
  • #74,320
  • Mar 12, 2014 9:00pm Mar 12, 2014 9:00pm
Ken,

How did you ascertain the .9166 target? I have something close but not as high. Do you pitch your lines higher when you post on the threads and get out earlier?
The coincidental success is more dangerous than the expected failure
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