AUD/USD | Page 3859 | 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

  • #77,161
  • May 7, 2014 9:00pm May 7, 2014 9:00pm
lol right......"the formations leading up"....good one.....keep trading data and you will see your account burned through faster than you can count to 1.


PS If you truly believe this quit now.
  • #77,162
  • May 7, 2014 9:00pm May 7, 2014 9:00pm
Quoting Rizmeister
{quote} I agree. Just saying it won't be too bad if he flops. Bad habits will be created though. Trading news is no bueno.
The noob would be traders who have high pip drawdown. If you spend more then 50% of your position in red as most of you guys do then you guys truly have no idea on how to profit from this market. Anyways see you guys at london open. Got a nice 100% profit on that spike up.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #77,163
  • May 7, 2014 9:02pm May 7, 2014 9:02pm
Please you are throwing yourself under the bus. From your statements alone I KNOW you just started trading....let alone the micro account lol.
  • #77,164
  • May 7, 2014 9:03pm May 7, 2014 9:03pm
Quoting ScalpLikeMe
{quote} Well my strategy is rather complex and I don't really reveal it. Yet, I was able to hit this trade right on the head because of what I have been mentioning to many of you all along. Simply look at the trend of a currency the last 24 hours before market movement events. You will notice that the trend almost ALWAYS reverses in the short term. Being that the trend on AU has been RED for the last last 24 hours, do you really think that the price would of continued to drop when everyone is favoring the sell position?

9:30 AUD Employment Change 14.2K 7.5K 18.1K
AUDU employment Rate 5.8% 5.9% 5.8%

This is what the spike was. News http://www.forexfactory.com/calendar.php#closed

No one new the out come before the release (supposedly) so taking a trade when you did was very risky and certainly not worth risking an account on, if it was a negative number it would have likely been the reverse of what we saw on the up spike. But you are correct I don't know your strategy and wouldn't want you to reveal it here as it's none of business.
Just giving you some pointers if not already known.
As the lights go by so too do the shadows move
  • #77,165
  • May 7, 2014 9:04pm May 7, 2014 9:04pm
Quoting Matts Micro
{quote} 9:30 AUD Employment Change 14.2K 7.5K 18.1K AUDU employment Rate 5.8% 5.9% 5.8% This is what the spike was. News http://www.forexfactory.com/calendar.php#closed No one new the out come before the release (supposedly) so taking a trade when you did was very risky and certainly not worth risking an account on, if it was a negative number it would have likely been the reverse of what we saw on the up spike. But you are correct I don't know your strategy and wouldn't want you to reveal it here as it's none of business. Just giving...

Don't waste your breathe on him haha. He will defend himself even though he hasn't a clue....it was a rookie/amateur trade to take. Maybe he had some inside information! LOL
  • #77,166
  • May 7, 2014 9:05pm May 7, 2014 9:05pm
Quoting Rizmeister
lol right......"the formations leading up"....good one.....keep trading data and you will see your account burned through faster than you can count to 1. PS If you truly believe this quit now.
Rizmeister. Instead of using words, why don't you simply open some charts, use the news section of this website, and compare. As I said it happens more then 90% of the times. Look at NFP friday which was the second. THE TREND LEADING UP TO NFP WAS DOWN here is the chart which proves it. Then after NFP friday a/u went from .9198 to 9361. That is a fact which can be verified from the news, and the charts! Instead of being pessimistic why not do some due diligence. It will definitely take you a long way.
Attached Image
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #77,167
  • May 7, 2014 9:05pm May 7, 2014 9:05pm
Quoting ScalpLikeMe
Once this news event is over, I'll share something with all of you AUD/USD traders. I am pretty sure it will help almost all of the position traders make accurate long term trades. Since making the switch to AUD/USD I've noticed that she has very nice extensions and reversals on the 15m time frame.

News event is over - whatcha got?
"Holy Grail" exists - accepting where is the first step.
  • #77,168
  • May 7, 2014 9:05pm May 7, 2014 9:05pm
Quoting ScalpLikeMe
{quote} The noob would be traders who have high pip drawdown. If you spend more then 50% of your position in red as most of you guys do then you guys truly have no idea on how to profit from this market. Anyways see you guys at london open. Got a nice 100% profit on that spike up.
losers dont like to see winners win..
ignore them..
  • #77,169
  • May 7, 2014 9:06pm May 7, 2014 9:06pm
profiting on those spikes is more a matter of luck than strategy or skill.
  • #77,170
  • May 7, 2014 9:07pm May 7, 2014 9:07pm
Lol no thank you. I have come quite a distance NOT trading news. Thanks though.
  • #77,171
  • May 7, 2014 9:07pm May 7, 2014 9:07pm
Quoting estrategafx
profiting on those spikes is more a matter of luck than strategy or skill.

  • #77,172
  • May 7, 2014 9:07pm May 7, 2014 9:07pm
Quoting Matts Micro
{quote} 9:30 AUD Employment Change 14.2K 7.5K 18.1K AUDU employment Rate 5.8% 5.9% 5.8% This is what the spike was. News http://www.forexfactory.com/calendar.php#closed No one new the out come before the release (supposedly) so taking a trade when you did was very risky and certainly not worth risking an account on, if it was a negative number it would have likely been the reverse of what we saw on the up spike. But you are correct I don't know your strategy and wouldn't want you to reveal it here as it's none of business. Just giving...
It appears you lack the ability of reading. I am very aware that the news caused the spike. If you look at my post 30 mins prior to the news released I did mention that I am taking a long positions because the overall trend of AU has been down over the last 24 hours. So the spike up after the news release was a much higher probability trade then an extension of the overall move! That is what I've mentioned several times, but you seem to be rather fixed on IF instead of stats, and facts which can be proven/dis proven if you did some research.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #77,173
  • May 7, 2014 9:10pm May 7, 2014 9:10pm
Quoting estrategafx
profiting on those spikes is more a matter of luck than strategy or skill.
So says the person who is closed minded. The problem with social trading is that people give more opinions then facts! If one would simply do some research you will see what I've been saying is held true over 90% of the times. Yet, it is much easier to spill hate on the forums then be a productive member who takes the time to explain things which members can actually use.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #77,174
  • May 7, 2014 9:11pm May 7, 2014 9:11pm
Quoting VaBikePacker
{quote} News event is over - whatcha got?
News is over and I have taken profit. Now I will resume normal scalping based on my setup! I have one account which hasn't margin called EVER. It has been over for well over 15 months. If you like I can link it to trade explorer. Since initial deposit well over 300%.. Now would you say that it is LUCK?
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #77,175
  • May 7, 2014 9:12pm May 7, 2014 9:12pm
Quoting HelloOz
{quote} losers dont like to see winners win.. ignore them..
You're correct.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #77,176
  • May 7, 2014 9:12pm May 7, 2014 9:12pm
Quoting ScalpLikeMe
{quote} It appears you lack the ability of reading. I am very aware that the news caused the spike. If you look at my post 30 mins prior to the news released I did mention that I am taking a long positions because the overall trend of AU has been down over the last 24 hours. So the spike up after the news release was a much higher probability trade then an extension of the overall move! That is what I've mentioned several times, but you seem to be rather fixed on IF instead of stats, and facts which can be proven/dis proven if you did some research....

You are Lucky, even with the positive result you are Lucky that it didn't spike down pre news for a stop hunt giving you a margin call. Sorry, your money. I'm out.
As the lights go by so too do the shadows move
  • #77,177
  • May 7, 2014 9:14pm May 7, 2014 9:14pm
Quoting ScalpLikeMe
{quote} News is over and I have taken profit. Now I will resume normal scalping based on my setup! I have one account which hasn't margin called EVER. It has been over for well over 15 months. If you like I can link it to trade explorer. Since initial deposit well over 300%.. Now would you say that it is LUCK?
just dont spam this place and do what ever u feel is correct, trading peanuts and claiming big things is first sign of a loser.

I was long and I think all experience traders are long....so dont boast unnecessarily and move on.

we are in uptrend from last 5 months.
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-05-08_12-14_MetaTrader 4 IC.jpg Size: 98 KB
All human being are Children of GOD - Thanking GOD for everything.
  • #77,178
  • May 7, 2014 9:14pm May 7, 2014 9:14pm
@scalp



Sorry I don't think anyone will agree with you here...well anyone who has any experience trading.....that means no one will CARE about your theories. DON'T TRADE NEWS...when you start trading an account when you will lose more than 50 bucks on a spike like that YOU WILL LEARN REAL FAST!!!


That is all I will say on this matter. GL with your gambles hehe
  • #77,179
  • May 7, 2014 9:16pm May 7, 2014 9:16pm
The smart trade would have been on the pull back! Not prior to the data release...


Like i said trade the pullback and profit.


Lets see what this baby can do. (see if she can break and hold above next resist level)
  • #77,180
  • May 7, 2014 9:26pm May 7, 2014 9:26pm
Quoting Rizmeister
The smart trade would have been on the pull back! Not prior to the data release... Like i said trade the pullback and profit. Lets see what this baby can do. (see if she can break and hold above next resist level)
You can wait for the pull back if you want. Since the news has been released AU has regained the lost of the last 48 hours. Wait for the pull back if you like. Profit has been made in real time.
Keep your Pip-drawdown low. That is the key to using high equity + high lev
13 traders viewing now