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AUD/USD

  • #91,521
  • Aug 11, 2015 10:50am Aug 11, 2015 10:50am
Quoting skuwait
monthly chart showing probability for 7050 for this pair, any one feel so?
Before that we have nice retracement...
When Scalpers win, I lose and Vice varsa...
  • #91,522
  • Aug 11, 2015 6:31pm Aug 11, 2015 6:31pm
Quoting Goldflake
{quote} Before that we have nice retracement...
Good luck with that......... while you were sleeping.........

It takes a lot for me to IGNORE you, but you can try.
  • #91,523
  • Aug 11, 2015 7:30pm Aug 11, 2015 7:30pm
I hope the longs are still in the game.

Anyways, i see a good buying opportunity with good R&R currently at .7250.

SL .72, TP .74

I take into account RBA is relatively fine with the current value of the AUD.
  • #91,524
  • Aug 11, 2015 7:44pm Aug 11, 2015 7:44pm
Still long biased here...

something should change the game...

CNYIndustrial Production y/y

or

RBA Deputy Gov Lowe Speaks
When Scalpers win, I lose and Vice varsa...
  • #91,525
  • Aug 11, 2015 8:00pm Aug 11, 2015 8:00pm
Quoting Goldflake
Still long biased here... something should change the game... CNYIndustrial Production y/y or RBA Deputy Gov Lowe Speaks
I don't think praying for a bullish print will get you anywhere. Watch out for that train-- choo choo.
  • #91,526
  • Aug 11, 2015 8:50pm Aug 11, 2015 8:50pm
it's interesting that all major currencies dropped today except euro, and moreover it went higher
  • #91,527
  • Aug 11, 2015 9:06pm Aug 11, 2015 9:06pm
Quoting eugenyk
it's interesting that all major currencies dropped today except euro, and moreover it went higher
exactly, the euro bulls drank sufficient red bull to brave the bears.
  • #91,528
  • Aug 11, 2015 10:31pm Aug 11, 2015 10:31pm
Will the China Retail Sales y/y start AUD/USD another drop?
  • #91,529
  • Aug 11, 2015 10:33pm Aug 11, 2015 10:33pm
Quoting roger44
Will the China Retail Sales y/y start AUD/USD another drop?
no, my friend
  • #91,530
  • Aug 11, 2015 10:41pm Aug 11, 2015 10:41pm
Will it double bottom , or break south further?
will see.
but I am long now.
TP 0.7400
Tight SL
  • #91,531
  • Aug 11, 2015 10:44pm Aug 11, 2015 10:44pm
Quoting Idkurv
Will it double bottom , or break south further? will see. but I am long now. TP 0.7400 Tight SL
me too, we are in a boat together
  • #91,532
  • Aug 11, 2015 10:51pm Aug 11, 2015 10:51pm
Quoting Idkurv
Will it double bottom , or break south further? will see. but I am long now. TP 0.7400 Tight SL
Let's go guys! .74!
  • #91,533
  • Aug 11, 2015 10:53pm Aug 11, 2015 10:53pm
Quoting richer
{quote} me too, we are in a boat together
Hi Richer, may I know your TP and trading style? Position trading, swing trading, trend trading, day trading, or else?
  • #91,534
  • Aug 11, 2015 10:57pm Aug 11, 2015 10:57pm
Quoting SkyrEk
{quote} Let's go guys! .74!
Hi SkyrEk, just noticed that you have same TP (.74), did not see your previous post.May I know your trading style? Position trading, swing trading, trend trading, day trading, or else?I like to ask trading style just to broaden my view of what other people see.Cheers.
  • #91,535
  • Aug 11, 2015 11:03pm Aug 11, 2015 11:03pm
Quoting Idkurv
{quote} Hi SkyrEk, just noticed that you have same TP (.74), did not see your previous post.May I know your trading style? Position trading, swing trading, trend trading, day trading, or else?I like to ask trading style just to broaden my view of what other people see.Cheers.
Hi Idkurv,

I don't have a fixed trading style because i trade accordingly to my lifestyle (schedules, meetings to attend to) Very much wanted to trade for a living, i'm sure its a goal for most traders to trade for a living. Hopefully, my skills hone up well enough for me to achieve that.

I see a strong support around the .72 region, hence, if it doesn't break through, then i will expect PA to go up towards .74 (previous support/ resistance).

That's how i trade, i don't like complicated stuff, just simple trading methods will do. As long i profit, the analysis and data releases doesn't matter to me.
  • #91,536
  • Aug 11, 2015 11:05pm Aug 11, 2015 11:05pm
AUD goes high despite of bad Chinese data; also resistances of crosses E/A and G/A were not broken - good sign for long AUD
  • #91,537
  • Aug 11, 2015 11:08pm Aug 11, 2015 11:08pm
Quoting eugenyk
AUD goes high despite of bad Chinese data; also resistances of crosses E/A and G/A were not broken - good sign for long AUD
Got to agree with you. Anyway, who really trusts data coming out from China anymore?

Their data are all manipulated and can't be trusted at all.
  • #91,538
  • Aug 11, 2015 11:27pm Aug 11, 2015 11:27pm
Quoting SkyrEk
{quote} Hi Idkurv, I don't have a fixed trading style because i trade accordingly to my lifestyle (schedules, meetings to attend to) Very much wanted to trade for a living, i'm sure its a goal for most traders to trade for a living. Hopefully, my skills hone up well enough for me to achieve that. I see a strong support around the .72 region, hence, if it doesn't break through, then i will expect PA to go up towards .74 (previous support/ resistance). That's how i trade, i don't like complicated stuff, just simple trading methods will do. As long...
Hi SkyrEk,My situation is similar to you, still having office job and aiming trade for a living.Mostly I trade based on basic stuff, such as support and resistance and PA, probably more complex is harmonic pattern.Mostly my TF to trade is H1, H4, Daily, and Weekly, make things more simple (for me).Cheers.
  • #91,539
  • Aug 12, 2015 12:36am Aug 12, 2015 12:36am
Aud approaching pre- PBOC devaluation levels!


Updated: .7300 regained. Shall take partial profit and move SL to BE.
  • #91,540
  • Aug 12, 2015 3:27am Aug 12, 2015 3:27am
RBA Lowe did Not talk down the Aud. Hence, more upward movement. However, take note Of PBOC tmr at GMT 0130
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