AUD/USD | Page 4518 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply

The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies

AUD Trade Balance and AUD Retail sales 6 replies

Attachments: AUD/USD
Exit Attachments

AUD/USD

  • #90,341
  • May 8, 2015 9:33am May 8, 2015 9:33am
Quoting genghistar
{quote} Amend TP to 7975 and flip the trade to sell with new SL@8080 and TP tbd after new sell trade set-up triggered and held. Cheers and trade well.....
Liquidate my long position. Miss my flip trade by 9pips. I am flat now.

GS
  • #90,342
  • May 8, 2015 11:26am May 8, 2015 11:26am
https://media.dailyfx.com/illustrati..._Picture_4.png

Need a close below Fib .382 (.78674) to go further down .. it touched it once today. Let's see where it closes this week.. that would decide next week.. (I'm short at .7886).. good luck shorts!!
  • #90,343
  • May 8, 2015 11:40am May 8, 2015 11:40am
just took a long position from 0.7905 set a sl .78899 while a tp at .79386
  • #90,344
  • May 8, 2015 11:53am May 8, 2015 11:53am
Quoting tamoor68
just took a long position from 0.7905 set a sl .78899 while a tp at .79386

Here she go, just waiting for me to open a position thanks GOD
  • #90,345
  • May 8, 2015 7:39pm May 8, 2015 7:39pm
I like a move down early next week to the daily EMA50 at .7820. If it tests the 23fib at .80, then I'm shorting more.
Mark
  • #90,346
  • May 10, 2015 4:42am May 10, 2015 4:42am
Quoting pilottrader
I like a move down early next week to the daily EMA50 at .7820. If it tests the 23fib at .80, then I'm shorting more.
Maybe not,IMO the lowering rate of CN would impact AUD and give a boost. So...buy AUD it has to be...even though i am hoping it to go down to 7800
  • #90,347
  • May 10, 2015 6:10am May 10, 2015 6:10am
looking for 7954 then short too 7630
  • #90,348
  • May 10, 2015 6:14am May 10, 2015 6:14am
china cuts rates - aud up.

Waiting for 0.8015-8090 area to add shorts
Early to bed, early to rise, keeps you healthy, wealthy and wise.
  • #90,349
  • May 10, 2015 7:42am May 10, 2015 7:42am
Quoting eqshack
china cuts rates - aud up. Waiting for 0.8015-8090 area to add shorts
AUD usually goes up when China cuts rate but after a few days it goes down because it means china isn't doing well & if China isn't doing well then it affects AUD.
  • #90,350
  • May 10, 2015 8:11am May 10, 2015 8:11am
China cut rate wont take aud much up, its a quantitative easing program and one should believe that it will bring aud down, i ll be shorting as soon as markets open and doesnt matter if it goes against me for an hour or couple as im sure aud will come down,

plan:

Short aud at opening that is .7930 , another short at limit .7980 while another at .8012

with a tp of .782 .
  • #90,351
  • May 10, 2015 11:19am May 10, 2015 11:19am
More stimulus in China implies more demand for Australian commodities. This comes amid a slump in prices of copper, iron ore and also gold.

​third time cut might not have same effect on aud as it was first time in 11-2014. it is on market to interpret it correctly..
The Market pays you to be disciplined
  • #90,352
  • Edited 12:15pm May 10, 2015 11:53am | Edited 12:15pm
Chinese Industrial Production rate is released this coming mid week and a weak number (the PBOC already know the number) might be the cause of the interest rate reduction they just made...(in the U.S. the release is Tuesday night on the left coast and early Wednesday on the wrong coast)

A weak industrial number implies weak demand for Ozzie commodities.
  • #90,353
  • May 10, 2015 12:26pm May 10, 2015 12:26pm
I think your spot on here, looks like a h&s on smaller time frames short on open may gap up to .7950ish
Quoting tamoor68
China cut rate wont take aud much up, its a quantitative easing program and one should believe that it will bring aud down, i ll be shorting as soon as markets open and doesnt matter if it goes against me for an hour or couple as im sure aud will come down, plan: Short aud at opening that is .7930 , another short at limit .7980 while another at .8012 with a tp of .782 .
  • #90,354
  • May 10, 2015 12:39pm May 10, 2015 12:39pm
Right shoulder ascending triangle pop to .7945ish then drop to .7820 should be an easy 100 pip drop to start off the week
Attached Image
Quoting OpenRoad
I think your spot on here, looks like a h&s on smaller time frames short on open may gap up to .7950ish{quote}
  • #90,355
  • May 10, 2015 2:34pm May 10, 2015 2:34pm
Quoting OpenRoad
Right shoulder ascending triangle pop to .7945ish then drop to .7820 should be an easy 100 pip drop to start off the week{image}{quote}
I also have a similar set up on this, slight push up to one of my retracement levels at the lower high of 0.7950 ish, going to enter here and then wait for a new lower low to be formed below 0.7789 level, but before then i'll trail my stop
  • #90,356
  • May 10, 2015 2:58pm May 10, 2015 2:58pm
Quoting JackStephens
{quote} I also have a similar set up on this, slight push up to one of my retracement levels at the lower high of 0.7950 ish, going to enter here and then wait for a new lower low to be formed below 0.7789 level, but before then i'll trail my stop
yes very nice r/r with a tight stop at 7970
  • #90,357
  • May 10, 2015 2:58pm May 10, 2015 2:58pm
i am going to trade this pair for the first time tomorrow have done a little research but has anyone got anything i need to look for in this pair, i usually trade EUR/USD but hopefully wont be too different
  • #90,358
  • May 10, 2015 3:05pm May 10, 2015 3:05pm
Quoting fazwright
i am going to trade this pair for the first time tomorrow have done a little research but has anyone got anything i need to look for in this pair, i usually trade EUR/USD but hopefully wont be too different
yeah look at the 0.7950 level for a short
  • #90,359
  • May 10, 2015 4:11pm May 10, 2015 4:11pm
Quoting JackStephens
{quote} yeah look at the 0.7950 level for a short
Wow big gap down, gonna be patient here if 7911 breaks then ascending triangle negated gut feeling is gap closes but who knows
  • #90,360
  • May 10, 2015 11:23pm May 10, 2015 11:23pm
Quoting Hickson
{quote} What is the pair trying to show here? {image}
Even after break the resistance line, the Aussie couldn't hold the gains; however, 100-day SMA near 0.7850 could become imp support before it plunges to 0.7730-35 region.
27 traders viewing now