Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 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/USD = EUR/AUD - What in the...? 0 replies

AUD/USD

Makes sense, Ben. I just figure that eventually the constant bashing will break the barrier. Looks to me like kinetic springiness has been building and building to that point. But if it fails grandly once more, then down she'll go and hard. If not, then .900 is a pretty reasonable target.
There's always money in the banana stand.
Long sentiment is DOWN AUD/USD i mean the range is about 200 pips for that.

For swing traders its good to go sell, but, we are going to have AUD and NZD news tonight.

So what to do..

If you are short , put BE. IF you are long, but your stopp loss to the spike.

Easy.. otherwise stay away traiding this pair.
Also, the other dollar based pairs fell quite a bit through the night but the aussie stayed strong and treaded water. This gives me further reason to think its quite buoyant.
There's always money in the banana stand.
And as I type, here it comes.
There's always money in the banana stand.
you are right atm, tho it is BF news, as I see it.. risk on, good Im BE.

Tho meny stops where taken out with this spike..

I think they want to hurt shorts even more..
Quoting LizardGizzard
And as I type, here it comes.
Yes it is looking strong right now.
Quoting LizardGizzard
And as I type, here it comes.
H1 and H4 looks really, really bullish too.

Even daily chart is trying to hold above 8 ema for 3 days in a row, if you include today. Hasn't done that for a while...

If we get a strong H4 close above 8803, maybe I'll start believing there's a chance it will break through more upward resistance...
If you look at this, the top right red line connects SIX tops, with the last one busted through. UP is the direction.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-10-22 at 11.13.30 AM.png Size: 98 KB
There's always money in the banana stand.
We are just seeing another run upward. We do not know if this is real or fake, however, one thing is sure: The market makers in the dealing rooms need your shares. Therefore, please do not give them up easily. You need to be in this market for a long time before you understand what I am talking about.
THats all for today folks, downtrend here I come.
Quoting LizardGizzard
If you look at this, the top right red line connects SIX tops, with the last one busted through. UP is the direction. {image}
well, maybe we don't see the same thing, but I am coming around to being bullish, with the only concern being the resistance I see, top trend line (and also daily closes not shown on this chart). But there definitely seems to be strong momentum that could carry it out of the mess it's been in...
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 129 KB
Also, daily chart is still in a range. But I admit, if I had to pick a direction, it would be bullish right now due to H1 and H4 time frames, but we'll see if it is ready to break out of the daily range it's been in...
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 70 KB
Quoting benaiah
{quote} well, maybe we don't see the same thing, but I am coming around to being bullish, with the only concern being the resistance I see, top trend line (and also daily closes not shown on this chart). But there definitely seems to be strong momentum that could carry it out of the mess it's been in... {image}
Yes, and truth be told, I might be a little over eager on this one, but currently, I'm just not seeing any bear strength at all. Looks to me like the bulls are pressing forward.
There's always money in the banana stand.
The correlation might not be as picture perfect like say usd/chf but eur/usd has broken support and is heading down, so if you're long aud this would be a good time to get out, not to mention ema agrees with this and stochs.
the consolidation is killingggg meeee lol can't wait for this damn spring to unwind its gonna be epic.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 45 KB
as I'm watching the price now, my "range" instincts are kicking in...

Will watch how price reacts to the top trend line. It is not showing strength to get through it right now, but will be watching closely. Strong break out, I may jump on long, if it continues to hesitate, I'll go short for the range...
Quoting benaiah
as I'm watching the price now, my "range" instincts are kicking in... Will watch how price reacts to the top trend line. It is not showing strength to get through it right now, but will be watching closely. Strong break out, I may jump on long, if it continues to hesitate, I'll go short for the range...
still holding below TL....no direction still
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 68 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 36 KB



Guys, just look at this beautiful weekly chart. I do not need to say anything. The chart itself is telling you where it wants to go. I hope now you understand why I am telling you not to give up your lots.
Quoting Fx-opinion
{image} Guys, just look at this beautiful weekly chart. I do not need to say anything. The chart itself is telling you where it wants to go.

FX-O, not offense, but not sure how this helps, we'd need a 200 pip SL to go long right now, with what target? 90? That's only 200 pip gain. So, a R:R: of 1:1. Doesn't sound appealing...
Took 40 pips n got out. Gonna sit the sidelines on this one, to much indecision, mixed analysis. When in doubt, stay out. Otherwise its gambling.
1 trader viewing now