Attachments: AUD/USD

AUD/USD

#88,521
Jan 15, 2015 12:38am Jan 15, 2015 12:38am

berrywild
| Joined Dec 2014 | Status: Trader | 2 Posts

Thank You Ken A

#88,522
Jan 15, 2015 2:01am Jan 15, 2015 2:01am

Paulenok
| Joined Dec 2009 | Status: Bear | 1,009 Posts

Aussie just breached 200MA on 4HR, this suggests that Aussie may receive additional boost from London, as they usually continue the trend after good news
83 perhaps?

#88,523
Jan 15, 2015 2:03am Jan 15, 2015 2:03am

DailyChart
Joined Nov 2013 | Status: Trader | 2,387 Posts

Possible next target

Attached Image (click to enlarge)

Click to Enlarge

Name: Aussie.png
Size: 21 KB

#88,524
Jan 15, 2015 3:42am Jan 15, 2015 3:42am

HelloOz
| Joined Oct 2012 | Status: sutatS | 3,461 Posts

just when i closed my eu short.... things happen!!!!

#88,525
Jan 15, 2015 3:47am Jan 15, 2015 3:47am

HelloOz
| Joined Oct 2012 | Status: sutatS | 3,461 Posts

Quoting HelloOz

Disliked

just when i closed my eu short.... things happen!!!!

Ignored

my bad luck.. but EURO bulls with no SL have worse luck than me.

#88,526
Jan 15, 2015 3:56am Jan 15, 2015 3:56am

RBlackburn
Joined Dec 2011 | Status: StealingPips | 1,294 Posts

Incase your'e wondering WTF is going on...

Crazy price falls in an instant as the SNB decides to remove the CHF cap at 1.2000 and cut interest rates further EURCHF posts lows of  0.9270.. yes 0.9270 as the world and him mum bails out USDCHF also collapses to 0.8400

#88,527
Jan 15, 2015 3:57am Jan 15, 2015 3:57am

RBlackburn
Joined Dec 2011 | Status: StealingPips | 1,294 Posts

Yes that is a daily chart... The move of 600 pips occurred within 1min

Attached Image (click to enlarge)

Click to Enlarge

Name: Andysnap_128.png
Size: 42 KB

#88,528
Jan 15, 2015 3:58am Jan 15, 2015 3:58am

RBlackburn
Joined Dec 2011 | Status: StealingPips | 1,294 Posts

Currently down 1600 pips

#88,529
Jan 15, 2015 4:11am Jan 15, 2015 4:11am

dab
Joined Jun 2012 | Status: Trader | 952 Posts

Quoting RBlackburn

Disliked

Currently down 1600 pips

Ignored

1. I'm glad I've stuck to only ever trading something that I know something about (AUD/USD) so have not been adversely affected by CHF, hope anyone on the wrong side of it had guaranteed stop loss!

2. Hasn't it gone down 4000 odd pips and come back up 2000 odd?

Hope for the best, prepare for the worst.

#88,530
Jan 15, 2015 4:20am Jan 15, 2015 4:20am

HelloOz
| Joined Oct 2012 | Status: sutatS | 3,461 Posts

Quoting HelloOz

Disliked

{quote} maybe a week or 2? AUD is moving like a snail

Ignored

SO +1

#88,531
Jan 15, 2015 4:26am Jan 15, 2015 4:26am

dab
Joined Jun 2012 | Status: Trader | 952 Posts

Quoting HelloOz

Disliked

{quote} SO +1

Ignored

sorry, just wanting to clarify, you think it will still reach 8380 but will now take 2 to 3 weeks?

Hope for the best, prepare for the worst.

#88,532
Jan 15, 2015 4:41am Jan 15, 2015 4:41am

HelloOz
| Joined Oct 2012 | Status: sutatS | 3,461 Posts

Quoting dab

Disliked

{quote} sorry, just wanting to clarify, you think it will still reach 8380 but will now take 2 to 3 weeks?

Ignored

still possible........... if AUD can stay outside the channel, and make higher high.

remember... trend is still down....

might reenter long if AUD close above 0.818 on 4hr chart..

trade safe bro!

Attached Image (click to enlarge)

Click to Enlarge

Name: Screenshot1.png
Size: 39 KB

#88,533
Jan 15, 2015 4:43am Jan 15, 2015 4:43am

dab
Joined Jun 2012 | Status: Trader | 952 Posts

Quoting HelloOz

Disliked

{quote} still possible........... if AUD can stay outside the channel, and make higher high. remember... trend is still down.... might reenter long if AUD close above 0.818 on 4hr chart.. trade safe bro! {image}

Ignored

thanks, you too!

Hope for the best, prepare for the worst.

#88,534
Jan 15, 2015 4:47am Jan 15, 2015 4:47am

HelloOz
| Joined Oct 2012 | Status: sutatS | 3,461 Posts

Quoting dab

Disliked

{quote} sorry, just wanting to clarify, you think it will still reach 8380 but will now take 2 to 3 weeks?

Ignored

if you want to long AUD, maybe it is better idea to SHORT EUR/AUD.

looking to add short position around 1.457x .. playing H&S pattern..

good luck.

Attached Image (click to enlarge)

Click to Enlarge

Name: Screenshot1.png
Size: 45 KB

#88,535
Jan 15, 2015 5:47am Jan 15, 2015 5:47am

fxtrader08
| Joined Oct 2009 | Status: Trader | 371 Posts

Isn't it normal after news events that the currency usually resumes its trend? We saw it last week. Aren't we seeing it again this week? I think it will continue down at some point. Whats everyone else's thoughts?

#88,536
Jan 15, 2015 5:53am Jan 15, 2015 5:53am

samgribbles
| Joined Mar 2014 | Status: Trader | 61 Posts

Such an overreaction to today's news release which was pretty insignificant on its own. The target was so low it was easy to surpass, and most economists still forecasting an increase in unemployment. For my mind, a weak release, would have strength if next month's is similar.

AUD is in a perfect storm of low iron ore, coal, gold, energy, and will trend into the 70s.

#88,537
Jan 15, 2015 6:06am Jan 15, 2015 6:06am