Attachments: AUD/USD

AUD/USD

#75,961
Apr 8, 2014 5:28am Apr 8, 2014 5:28am

ruffryders
| Commercial User | Joined Jan 2011 | 4,044 Posts

Quoting RBlackburn

Disliked

{quote} SL is -25p TP is immediate +50p trailing SL

Ignored

won't offer much of a pullback until 9460-9500 area is reached. (reasoning: see UCAD and NU)

#75,962
Apr 8, 2014 5:57am Apr 8, 2014 5:57am

sonicvista12
Joined Aug 2010 | Status: Trader | 426 Posts

Quoting RBlackburn

Disliked

Also testing a larger 61.8% fib on the daily... we need a pullback before thinking about moving higher {image}

Ignored

agreed rblackburn.... whilst I'm respecting the strength of the current au uptrend, I've taken a small sh from 9330. Finger on the close button just in the case our expected pullback doesn't occur.

We don't see things as they are - we see things as we are.

#75,963
Apr 8, 2014 5:57am Apr 8, 2014 5:57am

KecoaKecil
Joined Aug 2013 | Status: Trader | 917 Posts

Quoting Ken A

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{quote} Fact or personal opinion?

Ignored

Personal, all my opinion is personal. Price action is the fact.

Don't blame the tools. Blame the carpenter.

#75,964
Apr 8, 2014 7:03am Apr 8, 2014 7:03am

sonicvista12
Joined Aug 2010 | Status: Trader | 426 Posts

Quoting sonicvista12

Disliked

{quote} agreed rblackburn.... whilst I'm respecting the strength of the current au uptrend, I've taken a small sh from 9330. Finger on the close button just in the case our expected pullback doesn't occur.

Ignored

well, as i said, respecting the strong upward trend.... grabbed +2P on the little dip, now looking for bullish moves above 9330

We don't see things as they are - we see things as we are.

#75,965
Apr 8, 2014 7:54am Apr 8, 2014 7:54am

Ssm
| Joined Jul 2011 | Status: Trader | 911 Posts

Quoting AussieForexM

Disliked

Now I'm confused... Thanks for everyone's responses BTW So when did this news of weak USD data come out? Or did the market just decide to move up in somewhat delayed fashion? I only ask these questions as I'm trying to ascertain exactly what caused the spike, and how did those who moved it up make their decision? Usually, the FF calendar is good enough... Not on this occasion. Thanks all.

Ignored

.9305-10 is a strong resistance and was broken today. Therefore most of bears stops are slightly above this level are taken out, which might have caused the spike up. Just my opinion.

The true fact is market doesn't care, risk mgt is important.

#75,966
Apr 8, 2014 7:58am Apr 8, 2014 7:58am

Didgeridoo
| Joined Oct 2012 | Status: Eating potato chips | 629 Posts

Quoting AussieForexM

Disliked

Now I'm confused... Thanks for everyone's responses BTW So when did this news of weak USD data come out? Or did the market just decide to move up in somewhat delayed fashion? I only ask these questions as I'm trying to ascertain exactly what caused the spike, and how did those who moved it up make their decision? Usually, the FF calendar is good enough... Not on this occasion. Thanks all.

Ignored

I don't think it was a conscious decision - just the strong support playing out. IMO

#75,967
Apr 8, 2014 7:58am Apr 8, 2014 7:58am

Ssm
| Joined Jul 2011 | Status: Trader | 911 Posts

Quoting AussieForexM

Disliked

Now I'm confused... Thanks for everyone's responses BTW So when did this news of weak USD data come out? Or did the market just decide to move up in somewhat delayed fashion? I only ask these questions as I'm trying to ascertain exactly what caused the spike, and how did those who moved it up make their decision? Usually, the FF calendar is good enough... Not on this occasion. Thanks all.

Ignored

See my post yesterday. Hope it helps.

http://www.forexfactory.com/showthre...87#post7388287

The true fact is market doesn't care, risk mgt is important.

#75,968
Apr 8, 2014 7:59am Apr 8, 2014 7:59am

Wolf_Wicked
| Additional Username | Joined Oct 2013 | 894 Posts

Inserted Video

Howlin' at the Moon on the Roof

#75,969
Apr 8, 2014 9:58am Apr 8, 2014 9:58am

Didgeridoo
| Joined Oct 2012 | Status: Eating potato chips | 629 Posts

Inserted Video

Check this out. I like it - maybe it's just me.

ps we're turning into c & c music factory.

#75,970
Apr 8, 2014 10:09am Apr 8, 2014 10:09am

Bluescalper
| Joined Jun 2010 | Status: Trader | 148 Posts

Going to take a short here on aussie 0.9340 with stops @ 0.9361

#75,971
Apr 8, 2014 10:29am Apr 8, 2014 10:29am

Chanlie
Joined Jan 2014 | Status: Trader | 407 Posts

Quoting Bluescalper

Disliked

Going to take a short here on aussie 0.9340 with stops @ 0.9361

Ignored

Hi Bluescalper..
Pardon me, can you give a reason why you take a short??
Just Curious
GL

Forex as Leverage

#75,972
Apr 8, 2014 10:32am Apr 8, 2014 10:32am

babajee
| Joined Mar 2012 | Status: NO FEARS | 151 Posts

I am short @ 93.40 st 93.77 tp 92.80

Attached Image (click to enlarge)

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Size: 49 KB

Good thoughts and actions can never produce bad results.

#75,973
Apr 8, 2014 10:33am Apr 8, 2014 10:33am

SkyRacer
| Joined Mar 2014 | Status: Trader | 2 Posts

Look for positive News for the AUD after 2000hrs tonight.
AUD has been reported positive consumer reports recently.
Expect the trend to continue.

Happy trading!

#75,974
Apr 8, 2014 10:43am Apr 8, 2014 10:43am

aleneznm
| Joined Apr 2011 | Status: Trader | 12 Posts

Dear babajee

Can you tell me which indicator you are using for this chart (alert on)68.97 ?
I see big wave coming up .
Thanks

#75,975
Apr 8, 2014 10:45am Apr 8, 2014 10:45am

Bluescalper
| Joined Jun 2010 | Status: Trader | 148 Posts

Quoting Chanlie

Disliked

{quote} Hi Bluescalper.. Pardon me, can you give a reason why you take a short?? Just Curious GL

Ignored

Hi chanlie purely technical reason OB reading my sl may be too tight but will see max i'll give would be 0.9380

#75,976
Apr 8, 2014 10:54am Apr 8, 2014 10:54am

Bluescalper
| Joined Jun 2010 | Status: Trader | 148 Posts

Quoting Bluescalper

Disliked

{quote} Hi chanlie purely technical reason OB reading my sl may be too tight but will see max i'll give would be 0.9380

Ignored

Decided to quit this with -13 pips will check on this later