AUD/USD | Page 4323 | 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

  • #86,441
  • Nov 4, 2014 1:25am Nov 4, 2014 1:25am
Quoting Fx-opinion
ATTN all LONGS. Watch for price of 0.87604. If this price breaks we will get higher this week. Please see weekly and monthly chart.
Nice. Price went there, and got rejected... picked up my buy order from below let's see how it goes
Glad to see a number of you on the long bus. As mentioned yesterday, the bull cycle is about to start after bears graze. This could be it
  • #86,442
  • Nov 4, 2014 1:25am Nov 4, 2014 1:25am
Thats what you get for living in Europe..8650 got its balls tickled and I was in bed.Boo! Anyway just look at H4 pa..Dont get any juicer than that.
Where price is now, it has been before, and will be again.
  • #86,443
  • Nov 4, 2014 1:26am Nov 4, 2014 1:26am
Quoting Jenx
Thats what you get for living in Europe..8650 got its balls tickled and I was in bed.Boo! Anyway just look at H4 pa..Dont get any juicer than that.
Set buy orders like I do
  • #86,444
  • Nov 4, 2014 1:33am Nov 4, 2014 1:33am
Quoting MaryAnne
{quote} Set buy orders like I do
I like to see PA as it happens.Get a feel for it if you know what I mean!😉
Where price is now, it has been before, and will be again.
  • #86,445
  • Nov 4, 2014 1:38am Nov 4, 2014 1:38am
Quoting MaryAnne
{quote} Nice. Price went there, and got rejected... picked up my buy order from below let's see how it goes Glad to see a number of you on the long bus. As mentioned yesterday, the bull cycle is about to start after bears graze. This could be it
Can't believe anyone is selling this pair anymore apart from trying to scalp the stop hunts.
Where price is now, it has been before, and will be again.
  • #86,446
  • Nov 4, 2014 1:46am Nov 4, 2014 1:46am
Any big news coming out this week for this pair? I'd like to see a big move in either direction.
  • #86,447
  • Nov 4, 2014 1:57am Nov 4, 2014 1:57am
Quoting Jenx
{quote} I like to see PA as it happens.Get a feel for it if you know what I mean!😉
yea i do here i trade bigger TF though and chances of this bouncing is pretty high at this point in time, hence the buy orders

Quoting Jenx
{quote} Can't believe anyone is selling this pair anymore apart from trying to scalp the stop hunts.
i do short but at certain points only. like benaiah mentioned, "within the range."
  • #86,448
  • Nov 4, 2014 2:39am Nov 4, 2014 2:39am
Quoting Fx-opinion
{quote} Wow, you were right. Excellent prediction. 0.90 is coming for sure.
I wanted to like your post; think I am a bit addicted to FB LOL
  • #86,449
  • Nov 4, 2014 3:40am Nov 4, 2014 3:40am
Benaiah - good point, double you in that!
Quoting benaiah
Confucius say: Trader who draw attention to himself when he trade well and have much celebration, mean most of time he not have much to celebrate Okay, so I waste more time moving on...
(couple of verbally-challenged misfits spewing their garbage-juice here should take good note )
Excellent simplicity:
Quoting benaiah
Remember, we are still in a range. I will be looking for a bounce at current price level. It is still within, and towards the bottom, of the range. In my opinion current level is an excellent place to take profit on short positions, and the worst place to enter any new short positions. A daily close below 8672 would negate my above view, and cause me to start thinking bearish...
Summing up
Quoting Fx-opinion
I'm not sure about 0.90xx, but, sure about 0.90.
Yep Fx-opinion , double You on that ! ( an when it arrives, some street-urchin o'er here will be called by its name ...)
Siddhartha G
  • #86,450
  • Nov 4, 2014 3:43am Nov 4, 2014 3:43am
THIS IS AN EXCELLENT ANALYSIS by Jenx.
A Precise Accumulation-Distribution approach

Quoting Jenx
I'm seeing good old fashioned accumulation. High volume stopping the drop 0.8675/55, tight range forming( been over a month now and statistically the longer a daily range lasts more than 2 weeks the more likely a trend reversal) and add to that a very attractive swap to the long side. Just my 2 bobs worth!

When one learns to see these - one has better chance.
Siddhartha G
  • #86,451
  • Nov 4, 2014 3:46am Nov 4, 2014 3:46am
Quoting sugarbelly
{quote} I wanted to like your post; think I am a bit addicted to FB LOL
  • #86,452
  • Nov 4, 2014 3:46am Nov 4, 2014 3:46am
is it small bull flag? can we see 20+ pips up movement?
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD(Hourly)flag.png Size: 28 KB
  • #86,453
  • Nov 4, 2014 3:49am Nov 4, 2014 3:49am
Quoting Isingh
THIS IS AN EXCELLENT ANALYSIS by Jenx. A Precise Accumulation-Distribution approach {quote} When one learns to see these - one has better chance.
Thank you Ising and Jenx for confirmation on my Target Profit of 0.90
  • #86,454
  • Nov 4, 2014 3:53am Nov 4, 2014 3:53am
As I said before, if the resistance of 0.87604 gets broken firmly today then the price will go higher.
  • #86,455
  • Nov 4, 2014 3:55am Nov 4, 2014 3:55am
DUMP AND PUMP
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD_H4.gif Size: 169 KB
Click to Enlarge Name: AUDUSD_H4_.gif Size: 140 KB
  • #86,456
  • Nov 4, 2014 3:58am Nov 4, 2014 3:58am
.89x possible but .90 unlikely in short term *unless u willing to hold and accept the various mini cycles*
I am looking to hold from a long way below if go beyond .90

as for volume, be careful. what we see are 'tick' volumes which is contributed by majority retail traders like us

E.g. think about this, 1million little guys clicking buy at 0.01 lot each will show u huge tick volume but net effect on market is very little, as compared to a fat finger who pushes 1 time for 1 billion AUD worth means small volume but HUGE movement. We need to see real contract volume to make better informed decisions, but brokers only show us tick volume... MT4 is tick volume too btw so be very careful there

There's a lot of good VSA traders who got screwed, and ended up wrong side (they long EURUSD since .35 based on volumes and kept adding, which sounded fair analysis based on volume but we know how it turned out now)..
  • #86,457
  • Nov 4, 2014 3:58am Nov 4, 2014 3:58am
AUDUSD just broke the High of day. This is good sign. Will hold until 0.90
  • #86,458
  • Nov 4, 2014 4:00am Nov 4, 2014 4:00am
Quoting MaryAnne
.89x possible but .90 unlikely in short term *unless u willing to hold and accept the various mini cycles* I am looking to hold from a long way below if go beyond .90 as for volume, be careful. what we see are 'tick' volumes which is contributed by majority retail traders like us E.g. think about this, 1million little guys clicking buy at 0.01 lot each will show u huge tick volume but net effect on market is very little, as compared to a fat finger who pushes 1 time for 1 billion AUD worth means small volume but HUGE movement. We need...
Please look at the weekly chart. Many traders ignore the weekly chart, however, it is like a worm hole to the future. This is my own opinion.
  • #86,459
  • Nov 4, 2014 4:02am Nov 4, 2014 4:02am
Trying out a new method. I think gatorinla is also using... the guy's a genius. looking to see how it goes

Trying another method (from another thread), expecting to see retest of .8885 - .8910 range within this 1 week though I dont know how it will reach there which I posted yesterday I think. Only if it breaks past only then the possibility of .90 becomes bigger.

Trade safe everyone
  • #86,460
  • Nov 4, 2014 4:03am Nov 4, 2014 4:03am
Quoting Fx-opinion
{quote} Please look at the weekly chart. Many traders ignore the weekly chart, however, it is like a worm hole to the future. This is my own opinion.

thats the thing my friend. W1 charts take longer time to play out thats why i said only if u are willing to hold longer term past the next few mini cycles.
e.g. people saying gbp should bounce high, UJ should drop hard based on w1 but look where we are today? they are right, but trades based on w1 take way longer to pan out usually months. better for longer term traders

Ps: any of you follow Jaratt Davis? He's thinking real long term since he looks at W1 and MN and advised people to buy NZD at .8400/500 and GBP at .6500/700 and btw he's #2 forex trader of the year working in Barclays. Now, look at the present... what a huge DD if you had listened? We do not have such deep pockets unfortunately. I want to avoid a huge DD before reaching profit level
31 traders viewing now