AUD/USD | Page 4293 | 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

  • #85,841
  • Oct 23, 2014 3:06pm Oct 23, 2014 3:06pm
Quoting LizardGizzard
Am I the last bull left around here? Ugh, so lonely. I still think 8750 might hold, even with a quick pierce around 5:45EST. We shall see.
Be patient. Bulls will win.
  • #85,842
  • Oct 23, 2014 3:06pm Oct 23, 2014 3:06pm
Okay. This support level is going to hold. For now. Rest assured I only make bold predictions when I know that I'm right.

Seriously though, for confirmation we just need the price to poke it's head above 8764.
  • #85,843
  • Oct 23, 2014 3:10pm Oct 23, 2014 3:10pm
Quoting LizardGizzard
Am I the last bull left around here? Ugh, so lonely. I still think 8750 might hold, even with a quick pierce around 5:45EST. We shall see.
Im long actually. I was gonna get out but staying.
  • #85,844
  • Oct 23, 2014 3:10pm Oct 23, 2014 3:10pm
Quoting benaiah
Okay. This support level is going to hold. For now. Rest assured I only make bold predictions when I know that I'm right. Seriously though, for confirmation we just need the price to poke it's head above 8764.
Followed by this, we'll look for 8759 to act as support. Could be the last time below 8759... We will see...
  • #85,845
  • Oct 23, 2014 3:12pm Oct 23, 2014 3:12pm
Quoting LizardGizzard
Am I the last bull left around here? Ugh, so lonely. I still think 8750 might hold, even with a quick pierce around 5:45EST. We shall see.

No Mate.. I am a strong bull as well..

Although the momentum seems to be down. the 8750 also seems to be holding.. leaving it only 1 way to go
  • #85,846
  • Oct 23, 2014 3:33pm Oct 23, 2014 3:33pm
Come to think of it I might get out long. IF you're staying short I guess it should be fine. NZD report should be out at 17:35 EST and the forecasts are all pointing to weak numbers.
  • #85,847
  • Oct 23, 2014 3:37pm Oct 23, 2014 3:37pm
Weird price action on the five minute certainly seeming to hint at an explosion of price to come. Or maybe I've been staring at the screen to damn long.
There's always money in the banana stand.
  • #85,848
  • Oct 23, 2014 3:39pm Oct 23, 2014 3:39pm
Quoting fxtradeabi
Come to think of it I might get out long. IF you're staying short I guess it should be fine. NZD report should be out at 17:35 EST and the forecasts are all pointing to weak numbers.
AUD/NZD long would still be a good bet in that case...
Enter Signature
  • #85,849
  • Edited 3:56pm Oct 23, 2014 3:40pm | Edited 3:56pm
Quoting san99
{quote} AUD/NZD long would still be a good bet in that case...
Right I never tried AUD/NZD before but yeah I'd switch to that or go short with AUD/USD. This correlation shit drives me insane, confusing as hell. The spread on AUD/NZD is insane even as it stands now, like 5, during a news event I can only imagine...
  • #85,850
  • Oct 23, 2014 3:52pm Oct 23, 2014 3:52pm
Well, unless we have some big boy bull activity within the next few minutes, it's not looking very encouraging short term. Looks like bears are dragging it down.

Prior 2 days were indecision candles on daily. Today looks to be completely bearish. Could fall to 87 and still be in this nice messy range...
  • #85,851
  • Oct 23, 2014 3:58pm Oct 23, 2014 3:58pm
Quoting benaiah
Well, unless we have some big boy bull activity within the next few minutes, it's not looking very encouraging short term. Looks like bears are dragging it down. Prior 2 days were indecision candles on daily. Today looks to be completely bearish. Could fall to 87 and still be in this nice messy range...
Maybe. This day is kinda similar to OCT 17. Seeing the flat bottom and weird repetitive bouncing off of the 50-ish area is my encouragement now. As long as NZ data doesn't throw everything for a loop, north train still possible.
There's always money in the banana stand.
  • #85,852
  • Oct 23, 2014 4:03pm Oct 23, 2014 4:03pm
Quoting LizardGizzard
{quote} Maybe. This day is kinda similar to OCT 17. Seeing the flat bottom and weird repetitive bouncing off of the 50-ish area is my encouragement now. As long as NZ data doesn't throw everything for a loop, north train still possible.
Okay, I hear you. Hope it works out for you. I'm out. Looks like it will drop to 87. Hanging around too long at this level. And what I see is when 2 daily candles show indecision, the 3rd one usually makes up their mind. Different than 10/17, I think.

But don't let me influence you, as I'm sure you won't. Wish you success in your long trade!
  • #85,853
  • Oct 23, 2014 4:09pm Oct 23, 2014 4:09pm
Well, tks. We will see. This is the area that looks interesting to me. Guess we will know decisively by 6PM EST.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-10-23 at 5.07.38 PM.png Size: 160 KB
There's always money in the banana stand.
  • #85,854
  • Oct 23, 2014 4:43pm Oct 23, 2014 4:43pm
Quoting fxtradeabi
{quote} Right I never tried AUD/NZD before but yeah I'd switch to that or go short with AUD/USD. This correlation shit drives me insane, confusing as hell. The spread on AUD/NZD is insane even as it stands now, like 5, during a news event I can only imagine...
Yeah, like if this NZD data is bad, then both AUD/USD and NZD/USD go down...but AUD/NZD is derived from the ratio of A/U to N/U...so how much impact would there be? Likewise if data is NZD bullish...math ratio problem. Well we'll find out in a couple of minutes!
Enter Signature
  • #85,855
  • Oct 23, 2014 4:48pm Oct 23, 2014 4:48pm
when will this thing make up its mind.... so sick of coiling in this 10 pips range past 5 hours....
I Am The Danger... I Am The One Who Knocks
  • #85,856
  • Oct 23, 2014 4:49pm Oct 23, 2014 4:49pm
Annnnnndddd....



Nothing happened.
  • #85,857
  • Oct 23, 2014 4:51pm Oct 23, 2014 4:51pm
Just a heads up in case you are trading intra-day. Easy to get tunnel vision and so many things to try and remember. Here's a key factor, at least in my opinion:

The daily close/open price is 8762/60 (gap down 2 pips shows bearish intent). Price will usually move away from the open price. Down if trading below it, and up if trading above it.

My intra-day outlook is bearish until price shows it wants to be above this little mini gap.

All this assuming 8748/55 (also a key level) falls through. If it falls, I will look for bullish reversal around 87ish level.
  • #85,858
  • Oct 23, 2014 4:58pm Oct 23, 2014 4:58pm
Quoting benaiah
Just a heads up in case you are trading intra-day. Easy to get tunnel vision and so many things to try and remember. Here's a key factor, at least in my opinion: The daily close/open price is 8762/60 (gap down 2 pips shows bearish intent). Price will usually move away from the open price. Down if trading below it, and up if trading above it. My intra-day outlook is bearish until price shows it wants to be above this little mini gap. All this assuming 8748/55 (also a key level) falls through. If it falls, I will look for bullish reversal around 87ish...
i hope so.
was hoping i wouldnt have to hold position into negative swap but dang market didnt want to move!
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-10-23 at 3.58.49 PM.png Size: 145 KB
I Am The Danger... I Am The One Who Knocks
  • #85,859
  • Oct 23, 2014 5:02pm Oct 23, 2014 5:02pm
Quoting HeisenbergFx
when will this thing make up its mind.... so sick of coiling in this 10 pips range past 5 hours....
You know, I bet we'll be stuck in the big triangle until the Fed announcement next Wed. I think I'll put my long back on.
  • #85,860
  • Oct 23, 2014 5:07pm Oct 23, 2014 5:07pm
This bitch just doesn't want to go down.
There's always money in the banana stand.
45 traders viewing now