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AUD/USD

  • #78,461
  • Jun 2, 2014 10:24am Jun 2, 2014 10:24am
ask Ken, i do love those stacked demand zones!! maybe maybe not!! hourly shot. lower rectangle would be my 'high' probability trade. if i'm wrong, its only money!
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  • #78,462
  • Jun 2, 2014 10:34am Jun 2, 2014 10:34am
Quoting nealpek
ask Ken, i do love those stacked demand zones!! maybe maybe not!! hourly shot. lower rectangle would be my 'high' probability trade. if i'm wrong, its only money! {image}
Last line of defense is .920x (spots) imo not expecting pretty # from Aussie
  • #78,463
  • Jun 2, 2014 10:39am Jun 2, 2014 10:39am
that's exactly what i would be counting on!! wink thingy
  • #78,464
  • Jun 2, 2014 10:45am Jun 2, 2014 10:45am
ken, any crappy news over the wires about aussie in the last 15-20 minutes?
  • #78,465
  • Jun 2, 2014 11:05am Jun 2, 2014 11:05am
Quoting nealpek
ken, any crappy news over the wires about aussie in the last 15-20 minutes?
ISM PMI was revised to 56 from previous 53.2. Made a mistake or something.
  • #78,466
  • Jun 2, 2014 11:08am Jun 2, 2014 11:08am
Quoting nealpek
ken, any crappy news over the wires about aussie in the last 15-20 minutes?
Yep. ISM was a mistake. Not Aussie # Isn't forex great haha
  • #78,467
  • Jun 2, 2014 11:08am Jun 2, 2014 11:08am
thank you
  • #78,468
  • Jun 2, 2014 1:45pm Jun 2, 2014 1:45pm
h4 begging for shorts.... but nothing to confirm it yet.
  • #78,469
  • Jun 2, 2014 2:01pm Jun 2, 2014 2:01pm
short. tp .9167
  • #78,470
  • Jun 2, 2014 2:03pm Jun 2, 2014 2:03pm
considering buy limit at .916- .915
  • #78,471
  • Jun 2, 2014 2:53pm Jun 2, 2014 2:53pm
Current PA is untradable until data spans from few mins to hour apart - unless you are scalping and extremely good or with a very wide stops

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  • #78,472
  • Jun 2, 2014 2:59pm Jun 2, 2014 2:59pm
Quoting Ken A
Current PA is untradable until data spans from few mins to hour apart - unless you are scalping and extremely good or with a very wide stops {image}
Agreed

I have taken profit on my shorts seriously thinking of a buy order at 0.9210 with S/L @ 0.9170 looking for the bounce. Not sure on the news so i'll just stay out
  • #78,473
  • Jun 2, 2014 3:00pm Jun 2, 2014 3:00pm
Quoting Ken A
Current PA is untradable until data spans from few mins to hour apart - unless you are scalping and extremely good or with a very wide stops {image}
don't forget the big one interest rates should be interesting
people leave, but this thread will go on for ever
  • #78,474
  • Jun 2, 2014 3:02pm Jun 2, 2014 3:02pm
Quoting Aussi
{quote} don't forget the big one interest rates should be interesting
no way interest rates are changing !

I would bet my balls on that one
  • #78,475
  • Jun 2, 2014 3:07pm Jun 2, 2014 3:07pm
What H4 divergence on momentum mean?
  • #78,476
  • Jun 2, 2014 3:07pm Jun 2, 2014 3:07pm
Quoting MitchL
{quote} no way interest rates are changing ! I would bet my balls on that one
Betting money on that is one thing ... what you have planned is ... well: Not my cup of tea when it comes to risk management
Fix up, trade sharp ...
  • #78,477
  • Jun 2, 2014 3:09pm Jun 2, 2014 3:09pm
Quoting MitchL
{quote} no way interest rates are changing ! I would bet my balls on that one
*getting ready to cook balls*
  • #78,478
  • Jun 2, 2014 3:10pm Jun 2, 2014 3:10pm
Quoting Lamira
{quote} *getting ready to cook balls*
I assume based on lackluster data and high dollar you are thinking they are going down ?
  • #78,479
  • Jun 2, 2014 3:26pm Jun 2, 2014 3:26pm
Quoting MitchL
{quote} I assume based on lackluster data and high dollar you are thinking they are going down ?
im not thinking right now. Im waiting for ingridients to think
  • #78,480
  • Jun 2, 2014 3:29pm Jun 2, 2014 3:29pm
Quoting Lamira
{quote} im not thinking right now. Im waiting for ingridients to think
I am pretty sure the RBA bases their decisions on data collected over the last month. Therefor you should have all the information you need to think bar perhaps, 5%.

Your statement made it fairly clear that you believe there will be a change in interest rates I was just curious which way you thought it would go and what it was based on
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