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AUD/USD

  • #87,721
  • Nov 20, 2014 7:30am Nov 20, 2014 7:30am
closed my last short at 8586 earlier today... flat right now... EU short running... Lets c
Hero calls followed by margin calls...
  • #87,722
  • Nov 20, 2014 7:41am Nov 20, 2014 7:41am
not really in a trading mood but may scalp to the long side
As Above, So Below
  • #87,723
  • Nov 20, 2014 7:55am Nov 20, 2014 7:55am
Yay, closed in little profit , @.8596 not as mush if my overnight TP was few pips higher but *scalping mode still on*
  • #87,724
  • Nov 20, 2014 9:20am Nov 20, 2014 9:20am
I have never traded AUDUSD and after watching the movement of AUDUSD it is very clear that it will go up when EURO goes up against US dollar and no other factor can effect it. Therefor, as long as EURO is down it is better to go short rather than having LONG position.
  • #87,725
  • Nov 20, 2014 9:23am Nov 20, 2014 9:23am
Quoting Forex-safe
I have never traded AUDUSD and after watching the movement of AUDUSD it is very clear that it will go up when EURO goes up against US dollar and no other factor can effect it. Therefor, as long as EURO is down it is better to go short rather than having LONG position.
If so, how to trade EURAUD?
  • #87,726
  • Nov 20, 2014 9:24am Nov 20, 2014 9:24am
Quoting Ken A
{quote} If so, how to trade EURAUD?
This is a very good question. anyone knows the answer?
  • #87,727
  • Nov 20, 2014 9:26am Nov 20, 2014 9:26am
Quoting Forex-safe
{quote} This is a very good question. anyone knows the answer?
You sound very familiar ....
  • #87,728
  • Nov 20, 2014 9:27am Nov 20, 2014 9:27am
Quoting Forex-safe
{quote} This is a very good question. anyone knows the answer?
I tried a short yesterday and was stopped out on the spike, was very close, not so happy about that ... now I don't know - certainly not the levels where I want to take a position. Do not see where this might go from here.
Fix up, trade sharp ...
  • #87,729
  • Nov 20, 2014 9:28am Nov 20, 2014 9:28am
Quoting Hickson
{quote} I tried a short yesterday and was stopped out on the spike, was very close, not so happy about that ... now I don't know - certainly not the levels where I want to take a position. Do not see where this might go from here.
You are talking about EURAUD right?
  • #87,730
  • Nov 20, 2014 9:29am Nov 20, 2014 9:29am
Quoting Forex-safe
{quote} This is a very good question. anyone knows the answer?
Buy the dips. 1.45 would be a nice entry.
Don't get mad, get even!
  • #87,731
  • Nov 20, 2014 9:34am Nov 20, 2014 9:34am
Quoting Hickson
{quote} I think he is not for real.
So you think I am not a real person but bot

Cruel ...
  • #87,732
  • Nov 20, 2014 9:39am Nov 20, 2014 9:39am
Quoting Ken A
{quote} So you think I am not a real person but bot Cruel ...
Hero calls followed by margin calls...
  • #87,733
  • Nov 20, 2014 9:39am Nov 20, 2014 9:39am
Quoting Ken A
{quote} So you think I am not a real person but bot Cruel ...
lol ... if you are a bot. Do you know where E/A will go?!
Fix up, trade sharp ...
  • #87,734
  • Nov 20, 2014 9:39am Nov 20, 2014 9:39am
Quoting Forex-safe
{quote} You are talking about EURAUD right?
Yes.
Fix up, trade sharp ...
  • #87,735
  • Nov 20, 2014 9:48am Nov 20, 2014 9:48am
Quoting Hickson
{quote} Yes.
Right next to "Edit" then select "Merge" will combine above posts into "One" ....

Quoting Hickson
{quote} lol ... if you are a bot. Do you know where E/A will go?!
Looks like going down

Quoting PhAnTi'
{quote}
  • #87,736
  • Nov 20, 2014 10:00am Nov 20, 2014 10:00am
Quoting Ken A
{quote} Right next to "Edit" then select "Merge" will combine above posts into "One" .... {quote} Looks like going down {quote}
Nice. Yes, looks like going down. But no good RR setup on the table. Took the 1.46x train to the spike yesterday and then shy of new entrance ... my fibs also did not work. Lazy bums ...
Fix up, trade sharp ...
  • #87,737
  • Nov 20, 2014 10:18am Nov 20, 2014 10:18am
Quoting Hickson
{quote} Nice. Yes, looks like going down. But no good RR setup on the table. Took the 1.46x train to the spike yesterday and then shy of new entrance ... my fibs also did not work. Lazy bums ...
Just got in - wasn't in front of screen earlier to catch the spike

Attached Image
  • #87,738
  • Nov 20, 2014 10:22am Nov 20, 2014 10:22am
Quoting Ken A
{quote} Just got in - wasn't in front of screen earlier to catch the spike {image}
I still have a problem with these kind of trades - never know where to place stops for another try if stopped out on first one, because if it goes a few against you are out again - especially on some monster like E/A. Since overall trend is still bearish, the chance it looks like a good idea to short this pin, however - the question is: Are you willing to get stopped out a few times and go back in or place wide stop. Guess it is a matter of taste ...
Fix up, trade sharp ...
  • #87,739
  • Nov 20, 2014 10:26am Nov 20, 2014 10:26am
Quoting Hickson
{quote} I still have a problem with these kind of trades - never know where to place stops for another try if stopped out on first one, because if it goes a few against you are out again - especially on some monster like E/A. Since overall trend is still bearish, the chance it looks like a good idea to short this pin, however - the question is: Are you willing to get stopped out a few times and go back in or place wide stop. Guess it is a matter of taste ...
I will get out if AU can't make it above .865
  • #87,740
  • Nov 20, 2014 10:28am Nov 20, 2014 10:28am
Quoting Ken A
{quote} I will get out if AU can't make it above .865
Let's see if 1.455x can hold E/A up, if so, I might also play a short here.
Fix up, trade sharp ...
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