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AUD/USD

  • #92,781
  • Oct 15, 2015 12:06am Oct 15, 2015 12:06am
AudUsd ====>Buy Stop = 73523 / TP = 73810 / Sl = 72987

if this order open ; set 2* lot size Sell Stop = 72987 / TP = 72734 / SL = 73437

GL
do not stand out in the open with gun ;stand in the bushes with knife..
  • #92,782
  • Oct 15, 2015 12:06am Oct 15, 2015 12:06am
some people I listen to say Australia is heading to zero interest rates, or thereabouts. I agree Federal reserve won't hike (probably ever).
  • #92,783
  • Oct 15, 2015 1:04am Oct 15, 2015 1:04am
Seems like a hard roof above, strength isn't sufficient to penetrate through. Shall initiate some shorts here for some quick pips.
  • #92,784
  • Oct 15, 2015 1:09am Oct 15, 2015 1:09am
That annoying 100dma line!

Always good to know the fundamentals and have a sound theory. When you add that to the technical aspect of trading, it helps a lot with confidence in the trade.
  • #92,785
  • Oct 15, 2015 1:11am Oct 15, 2015 1:11am
Damn some nice upwards moment....EURAUD and GBPAUD has some nice swings today....easy pickings for both long and short
  • #92,786
  • Oct 15, 2015 1:19am Oct 15, 2015 1:19am
Quoting SkyrEk
Seems like a hard roof above, strength isn't sufficient to penetrate through. Shall initiate some shorts here for some quick pips.
Yeh I scalped short, just 15 pips LOL

Looking to re-enter for small long for GBPAUD and EURAUD. Nice R/R as well.
Both on a valid support for a nice bounce.
  • #92,787
  • Oct 15, 2015 1:59am Oct 15, 2015 1:59am
Quoting Lionheartfx1
{quote} Yeh I scalped short, just 15 pips LOL Looking to re-enter for small long for GBPAUD and EURAUD. Nice R/R as well. Both on a valid support for a nice bounce.
Nice one! There may be some angry bears up there for now haha
  • #92,788
  • Oct 15, 2015 2:01am Oct 15, 2015 2:01am
Quoting triciatlp
{quote} Nice one! There may be some angry bears up there for now haha
LOL, indeeed. The bears are back to bite hard and the bulls are running for dear lives now.
  • #92,789
  • Oct 15, 2015 2:04am Oct 15, 2015 2:04am
Seriously? This is getting annoying to watch. What nonsense came over the wires this time to spur another sudden drop. Last I checked we were at 7364 and now..7328 in 30secs?! Getting a little spooked.
  • #92,790
  • Oct 15, 2015 2:06am Oct 15, 2015 2:06am
Quoting ell3
Seriously? This is getting annoying to watch. What nonsense came over the wires this time to spur another sudden drop. Last I checked we were at 7364 and now..7328 in 30secs?! Getting a little spooked.
ell3, make your life easier by not trying to find out reasons for these spooky price action.

If you see topping PA at the top near recent highs, it will just mean that the bulls have no abilities to crash through the bears' fence and ultimately, the bears overrun the bulls.

Maybe that will give you another perspective of the market.
  • #92,791
  • Oct 15, 2015 2:14am Oct 15, 2015 2:14am
Quoting SkyrEk
{quote} LOL, indeeed. The bears are back to bite hard and the bulls are running for dear lives now.
Too fierce lol. Kudos to those who short! I only scalped a bit, but it's good enough for me
  • #92,792
  • Oct 15, 2015 2:16am Oct 15, 2015 2:16am
Woah look at GBPAUD move in like 5mins....100 pips...i was only expecting like 30 pip scalp but got 100 LOL

Not bad...for 5mins work....EURAUD as well

And yeh AU shitty bricks atm....bears are hungry LOL
  • #92,793
  • Oct 15, 2015 2:16am Oct 15, 2015 2:16am
Quoting SkyrEk
{quote} ell3, make your life easier by not trying to find out reasons for these spooky price action. If you see topping PA at the top near recent highs, it will just mean that the bulls have no abilities to crash through the bears' fence and ultimately, the bears overrun the bulls. Maybe that will give you another perspective of the market.


Well said m8.

Good trader right here.
  • #92,794
  • Oct 15, 2015 2:20am Oct 15, 2015 2:20am
Quoting Lionheartfx1
{quote} Well said m8. Good trader right here.


Prepare for the next bear's marathon!
  • #92,795
  • Oct 15, 2015 2:38am Oct 15, 2015 2:38am
beware of tonite US data release
  • #92,796
  • Oct 15, 2015 2:40am Oct 15, 2015 2:40am
Quoting SkyrEk
{quote} Prepare for the next bear's marathon!
Hahaha, please tell me that with your longs open, you don't twitch when the market falls 40pips backwards in one move. Imo the pa didn't look like it was coming. Argh. Looks like I'm gonna keep this overnight. Wanted to close up and enjoy the night
  • #92,797
  • Oct 15, 2015 3:01am Oct 15, 2015 3:01am
it will be wave 3 if the current resistance at 0.7376 is break
  • #92,798
  • Oct 15, 2015 3:13am Oct 15, 2015 3:13am
Quoting ell3
{quote} Hahaha, please tell me that with your longs open, you don't twitch when the market falls 40pips backwards in one move. Imo the pa didn't look like it was coming. Argh. Looks like I'm gonna keep this overnight. Wanted to close up and enjoy the night
Hahha, i don't have any commitments to my trades. Once i make losses, i cut loss. And ride the next prevailing trend. No Strings Attached
  • #92,799
  • Oct 15, 2015 3:19am Oct 15, 2015 3:19am
Quoting SkyrEk
{quote} Hahha, i don't have any commitments to my trades. Once i make losses, i cut loss. And ride the next prevailing trend. No Strings Attached
Yes.

This +1.

I know its hard but remember - trade like a robot.

No emotions.

Always another chance to win at the market.
  • #92,800
  • Oct 15, 2015 3:32am Oct 15, 2015 3:32am
Quoting Lionheartfx1
{quote} Yes. This +1. I know its hard but remember - trade like a robot. No emotions. Always another chance to win at the market.
Precisely, i just do not want my life to become an occupational hazard whereby i lost all my emotions even to people close to me.

Well, to find that balance is just a thin line i guess.

For everything we do, there is an opportunity cost to it.
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