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AUD/USD

  • #89,701
  • Mar 23, 2015 9:15pm Mar 23, 2015 9:15pm
Ok chinese data in and this is slowly dipping like yesterday, do you think it will reverse from here and run again like yesterday?
long time reader, just joined today.
I notice the channel top is just above this (sorry still have to work out how to post charts)
  • #89,702
  • Mar 23, 2015 9:25pm Mar 23, 2015 9:25pm
Quoting Bmitchell
{quote} Ooops!

some things are so pleasant , like waking at nite to check your trades only to see my second short at 7900 has been triggered and price has dropped down to 7840 zone where my first short was triggered. Of course, closed both trades with some good $, and to think i still have about 6 hrs to go back and sleep till london open.
  • #89,703
  • Mar 24, 2015 3:53am Mar 24, 2015 3:53am
so what correction, there are any aBC
Attached Image (click to enlarge)
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  • #89,704
  • Mar 24, 2015 5:11am Mar 24, 2015 5:11am
price approaching 7900 again, itchy fingers
  • #89,705
  • Mar 24, 2015 5:34am Mar 24, 2015 5:34am
Quoting mamalujo
price approaching 7900 again, itchy fingers
yes flat correction, will see??
  • #89,706
  • Mar 24, 2015 5:53am Mar 24, 2015 5:53am
U J support now
Attached Image (click to enlarge)
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  • #89,707
  • Mar 24, 2015 5:59am Mar 24, 2015 5:59am
Quoting Dano12
{quote} yes flat correction, will see??
i'm short again at 7900
  • #89,708
  • Edited 6:23am Mar 24, 2015 6:02am | Edited 6:23am
Quoting mamalujo
{quote} i'm short again at 7900
and close to SL
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: AUDUSD_H4.gif Size: 171 KB
  • #89,709
  • Mar 24, 2015 7:48am Mar 24, 2015 7:48am
Next resistance level would be 0.7940. Further resistance @ 0.8008 & 0.8081.
  • #89,710
  • Mar 24, 2015 8:34am Mar 24, 2015 8:34am
hunt for SL, and DUMP
Attached Image (click to enlarge)
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  • #89,711
  • Mar 24, 2015 9:12am Mar 24, 2015 9:12am
Quoting Dano12
hunt for SL, and DUMP {image}
sure, thats all it was
  • #89,712
  • Mar 24, 2015 10:19am Mar 24, 2015 10:19am
at some level I doubt this crazy pair to reach 0.80xxx
somehow it is getting tired of going up. is it rest time or what? tomorrow there is some data due in favor of USD$ so that will kill the AUDUSD pair if USD dollar data is positive !!
  • #89,713
  • Mar 24, 2015 11:17pm Mar 24, 2015 11:17pm
I need an expert to help please...

currently holding buy 1 at 0.7914, and holding sell 1 at 0.7804
still got quite high margin, but would like to settle and earn back the loss margin so I can trade it safely...

what should I do?

thanks...
  • #89,714
  • Mar 24, 2015 11:24pm Mar 24, 2015 11:24pm
.
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FF journal: Peaks and Troffs
  • #89,715
  • Mar 25, 2015 4:28am Mar 25, 2015 4:28am
Quoting lseiryul
I need an expert to help please... currently holding buy 1 at 0.7914, and holding sell 1 at 0.7804 still got quite high margin, but would like to settle and earn back the loss margin so I can trade it safely... what should I do? thanks...
I'm not expert but I'm confident with the system I use.....
If you have same lots on sell side and buy side this might help.....
We should have one more upside move soon... target around 0.7940-0.798 or .80 MAXIM. then we'll have sell off.... If price goes that way, you can get out your buy around that zone... or place your Sl at BE level..... Your sell position should be ok.... end of this week or next week we might see AUD below 0.75....
Attached Image (click to enlarge)
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Journey is more important than destination
  • #89,716
  • Mar 25, 2015 4:30am Mar 25, 2015 4:30am
Quoting traderbola
{quote} I'm not expert but I'm confident with the system I use..... If you have same lots on sell side and buy side this might help..... We should have one more upside move soon... target around 0.7940-0.798 or .80 MAXIM. then we'll have sell off.... If price goes that way, you can get out your buy around that zone... or place your Sl at BE level..... Your sell position should be ok.... end of this week or next week we might see AUD below 0.75.... {image}
next time use only 1:1 leverage with your positions until you get confidence on your trades....
Money will come..... just keep learning ....
Good Luck!
Journey is more important than destination
  • #89,717
  • Mar 25, 2015 4:54am Mar 25, 2015 4:54am
Quoting traderbola
{quote} I'm not expert but I'm confident with the system I use..... If you have same lots on sell side and buy side this might help..... We should have one more upside move soon... target around 0.7940-0.798 or .80 MAXIM. then we'll have sell off.... If price goes that way, you can get out your buy around that zone... or place your Sl at BE level..... Your sell position should be ok.... end of this week or next week we might see AUD below 0.75.... {image}
okay, will try to consider with your plan...

thank you, sir...
  • #89,718
  • Mar 25, 2015 5:17am Mar 25, 2015 5:17am
Whole bunch of nothing going on in the AUD pairs.
  • #89,719
  • Mar 25, 2015 5:47am Mar 25, 2015 5:47am
Quoting Bmitchell
Whole bunch of nothing going on in the AUD pairs.
Buy or Sell, then you will see some action

It takes a lot for me to IGNORE you, but you can try.
  • #89,720
  • Mar 25, 2015 7:16am Mar 25, 2015 7:16am
Quoting lseiryul
I need an expert to help please... currently holding buy 1 at 0.7914, and holding sell 1 at 0.7804 still got quite high margin, but would like to settle and earn back the loss margin so I can trade it safely... what should I do? thanks...

You don't currently have any position.
You've dusted 110 pips no matter what you might want to believe otherwise.
If you can't face this fact then you need to walk away and never log in to a trading platform ever again.

It's the expert advise that you've sought, but you might not want to hear it.
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