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AUD/USD

  • #85,861
  • Oct 23, 2014 5:10pm Oct 23, 2014 5:10pm
Falling asleep again with this lazy battle between the bulls fighting up from yesterday's low and the bears fighting down from today's open...

Will someone push it through already
  • #85,862
  • Oct 23, 2014 5:13pm Oct 23, 2014 5:13pm
All the little boy bulls and bears need to get out of the way so the grownups can get to work
  • #85,863
  • Oct 23, 2014 5:20pm Oct 23, 2014 5:20pm
Wow, can bulls pull it off? Need to see a decisive move away from this level...
  • #85,864
  • Oct 23, 2014 5:55pm Oct 23, 2014 5:55pm
Lizard you were right. Looks like bulls are fighting through this. I'm long and targeting 88.

SL at 8756, but don't tell anybody
  • #85,865
  • Oct 23, 2014 5:58pm Oct 23, 2014 5:58pm
Quoting LizardGizzard
Am I the only long?
No. Long @8710 and in the 750s with no intent of switching.

I do have a higher stinker to pick up along the way - not worried about it.

No stops here. Best thing that ever happened to my trading.
"Holy Grail" exists - accepting where is the first step.
  • #85,866
  • Oct 23, 2014 6:00pm Oct 23, 2014 6:00pm
Quoting benaiah
Lizard you were right. Looks like bulls are fighting through this. I'm long and targeting 88. SL at 8756, but don't tell anybody
OK, won't say a word! We need to push her over 70 to get started. Wonder why the atrocious NZ news had no effect on kiwi. Guess that's why news isn't to be understood or actionable. Always a gamble. Alright, I'm off to drive out of town. Keeping long open unless stopped out. Good luck, Guys and Gals.
There's always money in the banana stand.
  • #85,867
  • Oct 23, 2014 6:01pm Oct 23, 2014 6:01pm
Attached Image
I Am The Danger... I Am The One Who Knocks
  • #85,868
  • Edited 6:19pm Oct 23, 2014 6:02pm | Edited 6:19pm
Quoting LizardGizzard
This bitch just doesn't want to go down.
Hi LG,...

Patience Bro......
Price inside daily trap area ...... 3 times rejected high and closed below the daily TL ....
this week looks like aud be frozen in this area...... just wait and watching which way she will go ......

cheers,
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDDaily3.png Size: 35 KB
Click to Enlarge Name: 1.png Size: 31 KB
  • #85,869
  • Edited 7:12pm Oct 23, 2014 6:05pm | Edited 7:12pm
Quoting VaBikePacker
{quote} No. Long @8710 and in the 750s with no intent of switching. I do have a higher stinker to pick up along the way - not worried about it. No stops here. Best thing that ever happened to my trading.
I moved my SL to 8754 right below the bottom of the little channel it's moving through, to give a little more room. But you say no SLs? And the best thing that ever happened? How does that work if the trade moves against you?
  • #85,870
  • Oct 23, 2014 6:38pm Oct 23, 2014 6:38pm
Quoting benaiah
{quote} I moved my SL to 8754 right below the bottom of the little channel it's moving through, to give a little more room. But you say now SLs? And the best thing that ever happened? How does that work if the trade moves against you?
Add. Manage exposure effectively. don't over trade.

Most have no clue what it really takes to margin call an account because they're always over levering themselves.
"Holy Grail" exists - accepting where is the first step.
  • #85,871
  • Oct 23, 2014 7:10pm Oct 23, 2014 7:10pm
Oh, okay. Not sure how your opinion of "most who have no clue" fits into this. But good for you.
  • #85,872
  • Oct 23, 2014 7:13pm Oct 23, 2014 7:13pm
Finally 8750 breached!! Let see if 87 is next
I Am The Danger... I Am The One Who Knocks
  • #85,873
  • Oct 23, 2014 7:31pm Oct 23, 2014 7:31pm
Quoting LizardGizzard
Well, tks. We will see. This is the area that looks interesting to me. Guess we will know decisively by 6PM EST. {image}
nice h&s
  • #85,874
  • Oct 23, 2014 7:32pm Oct 23, 2014 7:32pm
Quoting benaiah
{quote} Ha ha, good one. But I already went long at 8755 first time it touched down. Now the low is 8754, as it bounces one more time...
Closed trade @ .8744. Where does it go from here? Hopefully up like a rocket ship for you benaiah. I am going to bed.

K.I.S.S.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 87442.jpg Size: 106 KB
  • #85,875
  • Oct 23, 2014 7:35pm Oct 23, 2014 7:35pm
Quoting KissFan
{quote} Closed trade @ .8744. Where does it go from here? Hopefully up like a rocket ship for you benaiah. I am going to bed. K.I.S.S. {image} {image}
There is no way anything saying that this was supposed to go to 8744, one hit wonder maybe? Or can you explain why it was supposed to go past 8750? I'm gonna call this a fluke. The CNY report was scheduled for 21:30 EST and the dollar was stagnant and weakened against the euro just awhile ago. SO this is some fluke friggin shot you got there as far as I can tell unless you have a better analysis for it which I'm genuinely curious to hear.From the looks of it it's going past your magical 8744 which goes to say there;s more to this than your fluke shot.
  • #85,876
  • Oct 23, 2014 7:46pm Oct 23, 2014 7:46pm
I'm testing new charting software, and it really looks like this could be the breakout on the downside. But I can't see it like that in the charting software that I'm used to.

Someone post a NY daily chart? Really looks like this is the breakout to the downside...
  • #85,877
  • Oct 23, 2014 7:47pm Oct 23, 2014 7:47pm
finally getting some life out of this one!
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-10-23 at 6.47.20 PM.png Size: 145 KB
I Am The Danger... I Am The One Who Knocks
  • #85,878
  • Oct 23, 2014 7:50pm Oct 23, 2014 7:50pm
http://www.forexfactory.com/news.php?do=news&id=510013

ebola in NY that's why even though should be hurting the dollar lol ah well
  • #85,879
  • Oct 23, 2014 7:52pm Oct 23, 2014 7:52pm
Quoting fxtradeabi
{quote} There is no way anything saying that this was supposed to go to 8744, one hit wonder maybe? Or can you explain why it was supposed to go past 8750? I'm gonna call this a fluke. The CNY report was scheduled for 21:30 EST and the dollar is stagnant against the euro and so on. SO this is some fluke friggin shot you got there as far as I can tell unless you have a better analysis for it which I'm genuinely curious to hear.From the looks of it it's going past your magical 8744 which goes to say there;s more to this than your fluke shot.
If it was a fluke, then the last three pages of my trading journal are a fluke as well. No magic either. I can't tell you where it is going now. I can tell you where it is going 4-6 times a week though.

Best of trading to you....

K.I.S.S.
  • #85,880
  • Oct 23, 2014 7:52pm Oct 23, 2014 7:52pm
Quoting thegmann
http://www.forexfactory.com/news.php?do=news&id=510013 ebola in NY that's why even though should be hurting the dollar lol ah well
Dude that was awhile ago. The euro and everyone else was sitting and munching on berries doing nothing when it was reported.
Edit: So he's been confirmed positive, I guess that would explain it.

AS for the rest who thought this was supposed to go down well FLUKE.
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