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AUD/USD

  • #88,801
  • Feb 2, 2015 9:12pm Feb 2, 2015 9:12pm
Quoting hrwn47
I hope this hour will be closed above 0.7818 then I'll sell it there {image}
Why do you want it to close above 7818 before selling? Normally waiting for a close above a price is an indication of support, yet you are wanting to sell. My advice would be to wait for a close above for buying or just sell at your desired price.
Hope for the best, prepare for the worst.
  • #88,802
  • Feb 2, 2015 9:38pm Feb 2, 2015 9:38pm
Wow what a monster move!!
  • #88,803
  • Feb 2, 2015 9:39pm Feb 2, 2015 9:39pm
too bad 99% of brokers froze for the 100 pip drop . Oh well hop in short this puppy is going to .75, pretty much guaranteed if its anything like UCAD. Still holding mine . Almost as easy as EURUSD.
  • #88,804
  • Feb 2, 2015 9:59pm Feb 2, 2015 9:59pm
wait for retracement to 7800 then short
  • #88,805
  • Feb 2, 2015 9:59pm Feb 2, 2015 9:59pm
or rather 7700 lol.. saw the price wrongly
  • #88,806
  • Feb 2, 2015 10:15pm Feb 2, 2015 10:15pm
IT seems to ME The AUD/NZ is the only bright spot in the future of the "West" I foresee a flood of $$ from Europe and the usa ..
Learn THEN Unlearn
  • #88,807
  • Feb 2, 2015 10:18pm Feb 2, 2015 10:18pm
hmmss.. i took a long at 0.76643... not a good idea it seems...
  • #88,808
  • Feb 2, 2015 10:22pm Feb 2, 2015 10:22pm
Quoting hrwn47
I hope this hour will be closed above 0.7818 then I'll sell it there {image}
I'll add to short at 0.7730 if it get there
If You Can't Join Them, Beat Them!
  • #88,809
  • Feb 2, 2015 10:26pm Feb 2, 2015 10:26pm
wow.. is that real... 20 lots sell on aussie?
  • #88,810
  • Feb 2, 2015 10:27pm Feb 2, 2015 10:27pm
Quoting belgeran
hmmss.. i took a long at 0.76643... not a good idea it seems...
why would you take long in bearish trend?
  • #88,811
  • Feb 2, 2015 10:28pm Feb 2, 2015 10:28pm
Its heading to 7500 sooner than we think...
  • #88,812
  • Feb 2, 2015 10:28pm Feb 2, 2015 10:28pm
Quoting belgeran
hmmss.. i took a long at 0.76643... not a good idea it seems...
Well seeing as how the RBA just cut interest rates, yeah i'd say not the best of moves.
  • #88,813
  • Feb 2, 2015 10:33pm Feb 2, 2015 10:33pm
Quoting PariCovek
Its heading to 7500 sooner than we think...
Wow, just woke up to over 100 pips
  • #88,814
  • Edited Feb 3, 2015 12:40am Feb 2, 2015 10:34pm | Edited Feb 3, 2015 12:40am
Quoting thegmann
{quote} Well seeing as how the RBA just cut interest rates, yeah i'd say not the best of moves.
we had 10 days of a sell off of 6% So .25 seems to be priced in imo
Learn THEN Unlearn
  • #88,815
  • Feb 2, 2015 10:37pm Feb 2, 2015 10:37pm
Thanks god, 1 again my prediction never missed 0.7500 soon . any1 who follow me before will very rich ( now and next.)
  • #88,816
  • Feb 2, 2015 10:37pm Feb 2, 2015 10:37pm
Easy strategy - just follow trend. Any rallies will be a good position to short. Next support at 0.75.
The true fact is market doesn't care, risk mgt is important.
  • #88,817
  • Feb 2, 2015 10:38pm Feb 2, 2015 10:38pm
I wonder if the AUD will get dumped again when NY Opens?
  • #88,818
  • Feb 2, 2015 10:51pm Feb 2, 2015 10:51pm
Quoting PariCovek
I wonder if the AUD will get dumped again when NY Opens?
Gee, let's get through with London first, it's not open yet, still 3 hours to go

It takes a lot for me to IGNORE you, but you can try.
  • #88,819
  • Feb 2, 2015 11:26pm Feb 2, 2015 11:26pm
Quoting PariCovek
Its heading to 7500 sooner than we think...
Yep, I think that was always the direction regardless of the rate decision...the cut is just going to make things worse for those of us living here in Oz. Poor economics, but we've got used to that from this RBA Board. I think mid .72s are probably where it's headed longer term.
  • #88,820
  • Feb 2, 2015 11:31pm Feb 2, 2015 11:31pm
Quoting HighFivve
{quote} we had 16 days of a sell off of 16% So .25 seems to be priced in imo
...and yet the market still responds like this. I think you are correct, the cut was already priced in but some can't resist going further. Yet again the unwitting learn that market movement is not always logical or rational...wait for the signs then trade, forget the rumour.
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