Attachments: AUD/USD

AUD/USD

#89,941
Apr 15, 2015 8:07pm Apr 15, 2015 8:07pm

Lamira
Joined Jan 2014 | Status: candlesticks talks to me | 930 Posts

good zone to watch out for sell signal and fold longs

but i hope it will push up all way to daily range top to short from there

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#89,942
Apr 15, 2015 8:10pm Apr 15, 2015 8:10pm

dab
Joined Jun 2012 | Status: Trader | 952 Posts

3 of the last 4 April unemployment releases have been better than expected, 1 worse. A different 3 were the opposite result to the previous month. My take from that is no strong indication on impact of seasonality this month.

Give we are 160 pips from the recent low (13/4 7553) and just below the 9/4 high (7739) I've taken a small short at 7715 in the hope that data is bad. Have a plan to add shorts higher if data is good, with confidence that this far from the low I will get the opportunity (with patience) to close my 7715 in profit or at breakeven.

Hope for the best, prepare for the worst.

#89,943
Edited 8:44pm Apr 15, 2015 8:33pm | Edited 8:44pm

Balmain Boy
| Joined Jan 2012 | Status: Trader | 254 Posts

Bullish on ALL 4 counts !
Employment, Full-Time Employment, Unemployment Rate & Participation Rate.
Previous month's figures revised sharply higher too.
Great set of numbers....

#89,944
Apr 15, 2015 8:50pm Apr 15, 2015 8:50pm

ServerUang
| Joined May 2007 | Status: Trader | 364 Posts

Sell AudUsd on top Monthly Bollinger Bands.
is it true ?

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#89,945
Apr 15, 2015 9:57pm Apr 15, 2015 9:57pm

MitchL
| Joined Apr 2012 | Status: Trader | 189 Posts

currently short 3 lots at 0.77788

Aiming for 0.7595

Been stopped out once on the unemployment data

#89,946
Apr 15, 2015 10:48pm Apr 15, 2015 10:48pm

Zag
| Membership Revoked | Joined Mar 2015 | 47 Posts

I guess it'll fall down any minute, so I'm starting short at 0.7763 with a stop-loss at 0.7775. Gonna close it at 0.7600.

https://charts.mql5.com/7/560/audusd...apital-ltd.png

#89,947
Apr 15, 2015 10:57pm Apr 15, 2015 10:57pm

MitchL
| Joined Apr 2012 | Status: Trader | 189 Posts

the fear is its made another nice flag.
I have moved my stop loss to my buy in at 0.77788

#89,948
Apr 16, 2015 12:16am Apr 16, 2015 12:16am

MJBhinder
| Joined Dec 2014 | Status: Trader | 203 Posts

If the trend is strong, price could bounce off 0.7740 level and make new highs....if not price could move lower to 0.7700/0.7680.

#89,949
Apr 16, 2015 12:30am Apr 16, 2015 12:30am

dab
Joined Jun 2012 | Status: Trader | 952 Posts

Quoting MJBhinder

Disliked

If the trend is strong, price could bounce off 0.7740 level and make new highs....if not price could move lower to 0.7700/0.7680.

Ignored

Depends on your time frame but I don't think there's been a strong trend since the start of Feb. I'd suggest being prepared for price to do either.

Hope for the best, prepare for the worst.

#89,950
Apr 16, 2015 12:48am Apr 16, 2015 12:48am

MitchL
| Joined Apr 2012 | Status: Trader | 189 Posts

Quoting MJBhinder

Disliked

If the trend is strong, price could bounce off 0.7740 level and make new highs....if not price could move lower to 0.7700/0.7680.

Ignored

This statement takes ambiguous to a whole new level.

From what I can see it's ranging from 78-75.7 roughly.

I will stick with my theory

I don't think the data was that strong and we should see a selloff from the days longs any second

#89,951
Apr 16, 2015 1:14am Apr 16, 2015 1:14am

MJBhinder
| Joined Dec 2014 | Status: Trader | 203 Posts

Quoting MitchL

Disliked

{quote} This statement takes ambiguous to a whole new level. From what I can see it's ranging from 78-75.7 roughly. I will stick with my theory I don't think the data was that strong and we should see a selloff from the days longs any second

Ignored

ATM, its very obvious im talking about the hourly trend....

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#89,952
Apr 16, 2015 1:39am Apr 16, 2015 1:39am

Dano12
Joined Nov 2012 | Status: Trader | 5,895 Posts

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#89,953
Apr 16, 2015 2:11am Apr 16, 2015 2:11am

bowman
| Joined Oct 2008 | Status: Trader | 162 Posts

Support 1: 0.7601
Support 2: 0.7522
Resistance 1: 0.7730
Resistance 2: 0.7780
Currently uptrend should end around 0.7691 - 0.7730 area. A correction down to 0.7626 - 0.7601 is expected. A rise above 0.7780 will abort the expected correction.

#89,954
Apr 16, 2015 4:22am Apr 16, 2015 4:22am

Fx_Anil
Joined Jul 2013 | Status: Trader | 1,738 Posts

AUDUSD re-tests the broad descending trend-line resistance. A sustained break of 0.7800 could fuel the pair towards testing 0.8000 mark while a reversal, which is more likely could result the pair's decline towards re-testing 0.7600 region.

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#89,955
Apr 16, 2015 5:00am Apr 16, 2015 5:00am

MJBhinder
| Joined Dec 2014 | Status: Trader | 203 Posts

IF I were to short Aud/Usd.... would be looking @ around 0.7859.

#89,956
Apr 16, 2015 5:23am Apr 16, 2015 5:23am

Bmitchell
| Joined May 2012 | Status: Full Time Trader | 185 Posts

Quoting bowman

Disliked

Support 1: 0.7601 Support 2: 0.7522 Resistance 1: 0.7730 Resistance 2: 0.7780 Currently uptrend should end around 0.7691 - 0.7730 area. A correction down to 0.7626 - 0.7601 is expected. A rise above 0.7780 will abort the expected correction.

Ignored

Mission near "abortion"