Attachments: AUD/USD

AUD/USD

#84,921
Sep 24, 2014 6:41am Sep 24, 2014 6:41am

VaBikePacker
Joined Apr 2014 | Status: Trader | 719 Posts

Quoting FxMegaCB

Disliked

{quote} not really. I don't guess with numbers. I have done this many times and more than 90% I was correct... I never thought once that Forex is a random price action, otherwise, it would be all none sense game...

Ignored

Ahead of fundamentals and anything else you want to try to use for the reason price moves, the reality is, this market is all about a balance between two currencies and their demand according to international transactions. Price is a simple display of human behavior with habits that repeat over and over.

"Holy Grail" exists - accepting where is the first step.

#84,922
Sep 24, 2014 2:59pm Sep 24, 2014 2:59pm

andoseg2
Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts

Some reject from 78.6 fibo I'm expecting. This can be view on W or Daily/H4 .Scalpers can exploit this on intraday timeframes. This can be view on W or Daily/H4 . For me, overall trend is Decline

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Money moves the market, not an indicator.

#84,923
Sep 24, 2014 6:24pm Sep 24, 2014 6:24pm

HelloOz
| Joined Oct 2012 | Status: sutatS | 3,461 Posts

Quoting HelloOz

Disliked

{quote} H1 Chart, Note: this is not the same parallel line as above {image}

Ignored

update

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#84,924
Sep 24, 2014 10:38pm Sep 24, 2014 10:38pm

Avir
Joined Feb 2012 | Status: Trader | 5,619 Posts

Good Morning !

Today's S/R Levels on MT4 Templates

EURO
CABLE
AUDUSD
GOLD

http://www.forexfactory.com/showthre...80#post7760580

EURO PINK
CABLE PINK

FX is a Bitc*h!, No one keeps me wake all night but FX does!!

#84,925
Sep 24, 2014 11:04pm Sep 24, 2014 11:04pm

svinso
| Joined Apr 2013 | Status: Trader | 17 Posts

AUD/USD looks interesting here looking to build longs targeting 0.8788 as an entry point paired with long USD/CAD which ive held for some time targeting 1.12 on that pair.

These are position trades longer term I remain negative on AUD/USD and positive on USD/CAD

Good luck to all

#84,926
Sep 24, 2014 11:14pm Sep 24, 2014 11:14pm

HelloOz
| Joined Oct 2012 | Status: sutatS | 3,461 Posts

Quoting svinso

Disliked

AUD/USD looks interesting here looking to build longs targeting 0.8788 as an entry point paired with long USD/CAD which ive held for some time targeting 1.12 on that pair. These are position trades longer term I remain negative on AUD/USD and positive on USD/CAD Good luck to all

Ignored

you mean short?

#84,927
Sep 24, 2014 11:20pm Sep 24, 2014 11:20pm

svinso
| Joined Apr 2013 | Status: Trader | 17 Posts

No what i meant to say was im looking to build longs in the region of 0.8788 give or take a few pips. Longs will be established through AUD December futures

#84,928
Sep 24, 2014 11:22pm Sep 24, 2014 11:22pm

2+2=4ex
Joined Mar 2009 | Status: Trader | 6,418 Posts

Quoting FxMegaCB

Disliked

{quote} not really. I don't guess with numbers. I have done this many times and more than 90% I was correct... I never thought once that Forex is a random price action, otherwise, it would be all none sense game...

Ignored

If you are daytrading, 90% is not sustainable. Long term, maybe. But then you have to figure in the time it is taking you to profit with a 90% win rate. In the end you are only fooling yourself flaunting like that.

#84,929
Sep 25, 2014 12:16am Sep 25, 2014 12:16am

HelloOz
| Joined Oct 2012 | Status: sutatS | 3,461 Posts

Quoting svinso

Disliked

No what i meant to say was im looking to build longs in the region of 0.8788 give or take a few pips. Longs will be established through AUD December futures

Ignored

I see..
not sure if that line will hold though..

im looking at 83c

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#84,930
Sep 25, 2014 1:55am Sep 25, 2014 1:55am

HareshBM
| Joined Feb 2014 | Status: Trader | 421 Posts

Quoting HareshBM

Disliked

Selling pressure continues to drag AUDUSD to over 7-month lows. Will Chinese PMI data on Tuesday, or short-term oversold conditions put some break on the free-fall for the currency...??? Every pull-back now seems as an opportunity to cautiously accumulate short positions... cautious because of short-term oversold conditions...

Ignored

As expected, AUDUSD drops below 0.8800 mark and is now expected to find support near 0.8770 area marking the lower trend-line support of a descending trend-channel formation on 4-hourly chart.

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#84,931
Sep 25, 2014 2:31am Sep 25, 2014 2:31am

PayTheLimit
Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts

Quoting PayTheLimit

Disliked

looking at resistance near the 8935/50 zone for shorts, or maybe 96.86/96 in AUDJPY....

Ignored

covering my short AUDJPY's here....still look to sell against that resistance in the AUD, but it seems like a million miles away now...

Look Sharp/Trade Tight

#84,932
Sep 25, 2014 3:35am Sep 25, 2014 3:35am

paddlepip
| Joined Sep 2014 | Status: Trader | 517 Posts

Managed to catch the bounce. Balls to the wall long from .8795

Also sprouted a few new grey hairs in the process.. ha! Many failed attempts but no loss surprisingly.

Expecting 8830-ish before our journey south recommences.

Corripe Cervisiam!

#84,933
Sep 25, 2014 5:01am Sep 25, 2014 5:01am

HandsFx
| Joined Jul 2011 | Status: Trader | 77 Posts

imo, 9080 in 3 days just started

#84,934
Sep 25, 2014 7:34am Sep 25, 2014 7:34am

mima
| Membership Revoked | Joined May 2008 | 3,395 Posts

Well news is not in line with DXY bulls so market will ignore it and move it up anyway.

The Market pays you to be disciplined

#84,935
Sep 25, 2014 8:30am Sep 25, 2014 8:30am

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

We are making new weekly lows since a month ago. Longing this pair is a risky business, where is the bottom? IMO, we are aiming year low, but once broken, all break loose.

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