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AUD/USD

  • #86,521
  • Nov 4, 2014 10:03am Nov 4, 2014 10:03am
Quoting Jenx
Good luck
Good Luck You Jenx !
Siddhartha G
  • #86,522
  • Nov 4, 2014 10:04am Nov 4, 2014 10:04am
Quoting jayjb
{quote} That's the problem with most traders here. Price goes up for 20 pips, everyone screams 0.9x when we clearly have 0.89 to clear first and price breaks down 20 pips, everyone starts calling for 0.82. I don't have a crystal ball beside my setup but it's clear enough to me that until we break 0.8643 or 0.89, we're still stucked in a range with no signs of a reversal or continuation coming whatsoever, yet. Sometimes it makes me wonder if these people have trades stuck in the red, that's why they're praying so hard for a certain number to be hit....
THAT'S EXACTLY WHAT I'M TALKING ABOUT OMG. finally a human who got eyes
  • #86,523
  • Nov 4, 2014 10:19am Nov 4, 2014 10:19am
Short EURAUD better option there.....AU moving like a snail.....

Just entered another short from 1.4405.....in profit and locked and she should drop 40-50 pips.....
  • #86,524
  • Nov 4, 2014 11:09am Nov 4, 2014 11:09am
If AUDUSD price does not break 0.87604 then it will not go higher today and gets locked in its range. However, if it gets broken on any day then it means the price will go higher in my opinion.
  • #86,525
  • Nov 4, 2014 11:20am Nov 4, 2014 11:20am
Looks like NFP will decide the clear trend for AUDUSD till then keep scalping this pair
Good luck and peace
Attached Image (click to enlarge)
Click to Enlarge Name: AU.jpg Size: 119 KB
Money never sleeps I can hear the dollar calling me
  • #86,526
  • Nov 4, 2014 11:23am Nov 4, 2014 11:23am
When is NFP?
  • #86,527
  • Nov 4, 2014 11:24am Nov 4, 2014 11:24am
Quoting Baggi
When is NFP?
Nonfarm payrolls
Money never sleeps I can hear the dollar calling me
  • #86,528
  • Nov 4, 2014 11:49am Nov 4, 2014 11:49am
ooooooo we wawawa we wa !

Down goes EURAUD and up goes AUDUSD ! Nice work longs, congrats
  • #86,529
  • Nov 4, 2014 11:50am Nov 4, 2014 11:50am
Quoting Fx-opinion
If AUDUSD price does not break 0.87604 then it will not go higher today and gets locked in its range. However, if it gets broken on any day then it means the price will go higher in my opinion.

Am on the long bus so I support you
  • #86,530
  • Nov 4, 2014 11:54am Nov 4, 2014 11:54am
In the long term, AUDUSD looks like it wants to go down, no doubt about it. USD is super strong and AUD central bank are trying to talk down the AUD.
  • #86,531
  • Nov 4, 2014 12:11pm Nov 4, 2014 12:11pm
Quoting MarkHeck.71
In the long term, AUDUSD looks like it wants to go down, no doubt about it. USD is super strong and AUD central bank are trying to talk down the AUD.
Do you think the fed wants a super strong dollar?
Where price is now, it has been before, and will be again.
  • #86,532
  • Nov 4, 2014 12:13pm Nov 4, 2014 12:13pm
Quoting shivam332
{quote} Nonfarm payrolls

Not what is, when is.

But I looked at the calendar. Thanks.
  • #86,533
  • Nov 4, 2014 12:20pm Nov 4, 2014 12:20pm
Quoting MaryAnne
{quote} Am on the long bus so I support you
  • #86,534
  • Nov 4, 2014 12:21pm Nov 4, 2014 12:21pm
Quoting MarkHeck.71
In the long term, AUDUSD looks like it wants to go down, no doubt about it. USD is super strong and AUD central bank are trying to talk down the AUD.
Please note that super strong dollar will have negative effect on the economy.
  • #86,535
  • Nov 4, 2014 12:24pm Nov 4, 2014 12:24pm
CNN :Democrats may lose U.S. Senate. If this happens it will have a negative impact on US dollar.
  • #86,536
  • Nov 4, 2014 12:28pm Nov 4, 2014 12:28pm
Quoting MarkHeck.71
In the long term, AUDUSD looks like it wants to go down, no doubt about it. USD is super strong and AUD central bank are trying to talk down the AUD.
Please note that super strong dollar will have negative effect on the economy.

This is why i don't ever use fundamentals in my trading lol, not my strongest area.

But from a technical perspective, the USD is superr supperr strong, I don't think anyone can disagree with that at the moment?
  • #86,537
  • Nov 4, 2014 12:35pm Nov 4, 2014 12:35pm
Quoting Fx-opinion
Help me here guys. Are there Chinese Market makers AUDUSD? That is are Chinese banks or institutions on AUDUSD?
Let me ask, are you from China? I was thinking that you might be asking about trading on AU pair from a Chinese market maker. Spread fx trading is forbidden in China at present.
All currency trades are OTC. Any existing fx brokers in China are just representative companies which caters to clients to open accounts but regulated overseas, but the problem is funding is only allowed at RMB$50,000 per annum.
Hope I answer your queries.
  • #86,538
  • Nov 4, 2014 12:48pm Nov 4, 2014 12:48pm
Quoting Fx-opinion
CNN :Democrats may lose U.S. Senate. If this happens it will have a negative impact on US dollar.

AGreed. this will impact trades... gotta keep an eye
  • #86,539
  • Nov 4, 2014 1:10pm Nov 4, 2014 1:10pm
Quoting Jenx
{quote} Do you think the fed wants a super strong dollar?

No. Lew commented already last week
  • #86,540
  • Nov 4, 2014 4:46pm Nov 4, 2014 4:46pm
Quoting Fx-opinion
CNN :Democrats may lose U.S. Senate. If this happens it will have a negative impact on US dollar.
why negative? Here every one will be happy if they lose
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