AUD/USD | Page 4298 | 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

  • #85,941
  • Oct 24, 2014 8:09am Oct 24, 2014 8:09am
Quoting Fx-opinion
The news on China's stock market was bad but AUDUSD went up!!!???
I take it you expect correlated markets when you trade short-term? Even longer term positions have trouble with this.
The coincidental success is more dangerous than the expected failure
  • #85,942
  • Oct 24, 2014 8:12am Oct 24, 2014 8:12am
move 100pips on a quiet day..
madness
  • #85,943
  • Oct 24, 2014 8:17am Oct 24, 2014 8:17am
Quoting Neqrotik
{quote} I take it you expect correlated markets when you trade short-term? Even longer term positions have trouble with this.
I am long on this position and waiting until it reaches 0.90. What I do not understand is the news was bad but it is going up. Something is going on. Either market makers have received big order and supply/demand is playing a role or it is something else.
  • #85,944
  • Oct 24, 2014 8:45am Oct 24, 2014 8:45am
Quoting HelloOz
move 100pips on a quiet day.. madness
it's taking range to heavily drop
  • #85,945
  • Oct 24, 2014 8:59am Oct 24, 2014 8:59am
keep buying under 0.8750, works pretty well.
  • #85,946
  • Oct 24, 2014 9:04am Oct 24, 2014 9:04am
If AUDUSD reaches 0.88493 then we will go higher.
  • #85,947
  • Oct 24, 2014 10:20am Oct 24, 2014 10:20am
Quoting Fx-opinion
If AUDUSD reaches 0.88493 then we will go higher.
why ?
  • #85,948
  • Oct 24, 2014 11:04am Oct 24, 2014 11:04am
Quoting Lamira
{quote} why ?
Please look at daily chart and you will see.
  • #85,949
  • Oct 24, 2014 11:04am Oct 24, 2014 11:04am
done for the day. remember to stay nimble peeps. there is money to be made on both sides...
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-10-24 at 10.03.21 AM.png Size: 61 KB
I Am The Danger... I Am The One Who Knocks
  • #85,950
  • Oct 24, 2014 11:24am Oct 24, 2014 11:24am
Quoting Fx-opinion
{quote} Please look at daily chart and you will see.
And...

Whoever gets the answer right, you can be first in line for the...

investment password
​
  • #85,951
  • Oct 24, 2014 11:33am Oct 24, 2014 11:33am
Engulfing bar on hourly tells me, we might be headed back down. Might be good to watch for reversal patterns on lower time frames to give confirmation...
  • #85,952
  • Oct 24, 2014 11:40am Oct 24, 2014 11:40am
Quoting benaiah
Engulfing bar on hourly tells me, we might be headed back down. Might be good to watch for reversal patterns on lower time frames to give confirmation...
Similar behavior the last time it was up here. Big H1 bearish drop. But it was followed by another bullish push before it finally headed back down to bottom of the range.

To give bulls fuel, it will need to poke back up above the trend line it is fighting with...
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 110 KB
  • #85,953
  • Oct 24, 2014 11:44am Oct 24, 2014 11:44am
Quoting Fx-opinion
{quote} Please look at daily chart and you will see.
I see that impulsive downtrend decline from July high needs to be made by five swaves. one leg is still missing. expecting a break down into a wave 5 towards 0.8500 area to complete wave A .
So why do you think it will go higher ? Just curious.
  • #85,954
  • Oct 24, 2014 11:49am Oct 24, 2014 11:49am
Quoting Lamira
{quote} I see that impulsive downtrend decline from July high needs to be made by five swaves. one leg is still missing. expecting a break down into a wave 5 towards 0.8500 area to complete wave A . So why do you think it will go higher ? Just curious.
Don't get personal, but in this business everybody see what everybody want to see, and yet nobody have a clue about what will happen.

Fx-option see a bullish scenario as he is probably long, and you see a bearish scenario as you are probably short or are thinking about sell in the near future.

It's as simple as that
  • #85,955
  • Oct 24, 2014 12:02pm Oct 24, 2014 12:02pm
Quoting tunera
{quote} Don't get personal, but in this business everybody see what everybody want to see, and yet nobody have a clue about what will happen. Fx-option see a bullish scenario as he is probably long, and you see a bearish scenario as you are probably short or are thinking about sell in the near future. It's as simple as that
lol so true
All posts are my personal opinion
  • #85,956
  • Oct 24, 2014 12:03pm Oct 24, 2014 12:03pm
Quoting benaiah
{quote} And... Whoever gets the answer right, you can be first in line for the... investment password ​

Sure
  • #85,957
  • Oct 24, 2014 12:19pm Oct 24, 2014 12:19pm
Quoting HeisenbergFx
done for the day. remember to stay nimble peeps. there is money to be made on both sides... {image}
well done man! well done!

any day above 25 pips in my opinion is an excellent day in forex day trading. simple profit is consistently great
  • #85,958
  • Oct 24, 2014 12:33pm Oct 24, 2014 12:33pm
Looks like a final bullish push about ready. Can bulls sustain it or will bears slam it down?

Price action looking very similar to 10/21 on lower time frames. I expect bears to slam it down. Don't think it will go higher than 8832. If it does go higher, maybe hope for the bulls...
  • #85,959
  • Oct 24, 2014 1:53pm Oct 24, 2014 1:53pm
Quoting tunera
{quote} Don't get personal, but in this business everybody see what everybody want to see, and yet nobody have a clue about what will happen. Fx-option see a bullish scenario as he is probably long, and you see a bearish scenario as you are probably short or are thinking about sell in the near future. It's as simple as that
yes you are right about opinions. I just want to know why because I'm curious, maybe he will open my eyes on something I didn't notice. That explanation "he see bullish cause he is long" doesn't explain anything. We are here to learn and share. Not to argue, if he sees that way, I just want to understand why
  • #85,960
  • Oct 24, 2014 3:42pm Oct 24, 2014 3:42pm
I don't do a lot of chart drawing - I trade mostly by numbers...based on this - I think we could see a little more downside but a "where the heck is this coming from?" kinda move for the AUD is developing I think.

Risky time to add fresh shorts. Long scalps with breakout potential or to be added to are safest in terms of risk for me right now.
"Holy Grail" exists - accepting where is the first step.
25 traders viewing now