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GBP/AUD

  • #761
  • Dec 16, 2015 7:27pm Dec 16, 2015 7:27pm
Out everything except short at 0746 an double short at 0874 an buy at 1015..lets see what happens..alligator still sleeping...
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #762
  • Dec 16, 2015 7:31pm Dec 16, 2015 7:31pm
Got buy at at at0832..for now
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #763
  • Dec 16, 2015 7:32pm Dec 16, 2015 7:32pm
Quoting 3013
{quote} Yeah..i should hold that yesterday. I will continue to trade this pair as usual...make good profit actually. But, don't feel good toshare entry here after 2 consecutive loss. Buy the way now i am looking to buy at aroung 0775. Look like strong a rreversal in progress...
Out already 0815 for 40 pip. Got other duty to get done. Need another 13 pip to cover yesterday loss and back on track.
  • #764
  • Dec 16, 2015 7:39pm Dec 16, 2015 7:39pm
Quoting Pip-Miner
i just got in if thats any confirmation for you
Not sure, but i just trade my system.....and it do have loss sometimes...and i try to improve it from time to time.
  • #765
  • Dec 16, 2015 7:39pm Dec 16, 2015 7:39pm
Quoting gomab11
Im still short..havnt seen reason to long yet..watching...
having trouble with 2.0817 so i took my profits. if it clears and stays above that level will be confident going long, otherwise just fiddle around with longs and shorts in the range for now. Think us session may break it , time will tell.
  • #766
  • Dec 16, 2015 7:41pm Dec 16, 2015 7:41pm
Quoting 3013
{quote} Out already 0815 for 40 pip. Got other duty to get done. Need another 13 pip to cover yesterday loss and back on track.
great job bro..an keep posting i like ur style of trading
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #767
  • Dec 16, 2015 7:52pm Dec 16, 2015 7:52pm
Ok long 0834 to tk care of 0746 sell. Out of 0874 sell with 50% bak on 1016 buy..c if mkt will giv me the rest bak..
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #768
  • Dec 16, 2015 8:00pm Dec 16, 2015 8:00pm
Quoting gomab11
Ok long 0834 to tk care of 0746 sell. Out of 0874 sell with 50% bak on 1016 buy..c if mkt will giv me the rest bak..
looks like that level just got blown apart wait for the retrace to get back into the long if this beast gives me chance.
  • #769
  • Dec 16, 2015 8:05pm Dec 16, 2015 8:05pm
sharing my trade: 2 order sell on 2.08716 tp1:20 pips tp2:open
  • #770
  • Dec 16, 2015 8:45pm Dec 16, 2015 8:45pm
back in 2.0817 brutal retracements on this beast
  • #771
  • Dec 16, 2015 9:58pm Dec 16, 2015 9:58pm
Quoting PaulDaemon
{quote} This pair is the most volatile pair. I have watched this pair for the past nine months sometimes 16 hrs a day. This is what it takes to become familiar with how this pair moves. Most of the time my trade entry on GA is buy watching the aud/usd and gnp/usd. GA will move accordingly to what the other 2 pairs are doing. So never trade just off gbp/aud you must be look at aud/usd and gbp/usd. Must also check the strength of the usd by comparing it to eur/usd and chf/usd. This will give you the indication on how strong the pound is to the usd....
Hi Paul, I'm new to surfing GA. Just about 5 months.

Looking at this pair. It is very unique. Few traders stucked at Buy back previous GBP Interest Rate decision. Lucky I got out. And AUD strength backed by CNY too.

From your analysis, where do you think the price strength of this pair post Fed Rate decision?

Is it going for a long sell or still buy trend? I've seen the rate hike does not affecting much on GA.

Thanks
  • #772
  • Dec 16, 2015 10:10pm Dec 16, 2015 10:10pm
Quoting cyd09
sharing my trade: 2 order sell on 2.08716 tp1:20 pips tp2:open
tp hit on tp1 with 20 pips and tp hit on tp2 with 50 pips, done for today, tomorrow again!
  • #773
  • Dec 16, 2015 10:17pm Dec 16, 2015 10:17pm
Quoting fbp
{quote} Hi Paul, I'm new to surfing GA. Just about 5 months. Looking at this pair. It is very unique. Few traders stucked at Buy back previous GBP Interest Rate decision. Lucky I got out. And AUD strength backed by CNY too. From your analysis, where do you think the price strength of this pair post Fed Rate decision? Is it going for a long sell or still buy trend? I've seen the rate hike does not affecting much on GA. Thanks
Honestly its anyones guess. I only trade what I see on the chart at the time. I remain bearish on AUD and think it will fall into the .60;s next year and for the pound neutral. Bullish for USD.

For now I think the pair will range.

Entered a long about 30 min ago but F@#ked up used 5 lots instead of 2 haha. Hope it dont turn against me.
20 Pips a day keeps centerlink away
  • #774
  • Dec 16, 2015 10:42pm Dec 16, 2015 10:42pm
honestly , this pair shouldn't be traded by newbies. Go trade eurgbp or something less volatile. It's a beast Like its sister gbpjpy .. If you don't know what your doing this will blow your account .
  • #775
  • Dec 16, 2015 10:44pm Dec 16, 2015 10:44pm
Quoting PaulDaemon
{quote} Honestly its anyones guess. I only trade what I see on the chart at the time. I remain bearish on AUD and think it will fall into the .60;s next year and for the pound neutral. Bullish for USD. For now I think the pair will range. Entered a long about 30 min ago but F@#ked up used 5 lots instead of 2 haha. Hope it dont turn against me.
Well, thanks Paul for sharing. Best part in GA is that, it makes quite big movement even when there is no news.

Aud at 0.6? Makes sense. But if bulllish for USD then world economy is at crisis.

Hey Paul, are u using ECN? Can u suggest a good broker? For now I'm using RoboForex and XM. I heard Goldman Capital Market is double contract which means 1pips = $2.00 and spread from 3. For chipping or scalping and technical traders.
  • #776
  • Dec 16, 2015 10:51pm Dec 16, 2015 10:51pm
Quoting fbp
{quote} Well, thanks Paul for sharing. Best part in GA is that, it makes quite big movement even when there is no news. Aud at 0.6? Makes sense. But if bulllish for USD then world economy is at crisis. Hey Paul, are u using ECN? Can u suggest a good broker? For now I'm using RoboForex and XM. I heard Goldman Capital Market is double contract which means 1pips = $2.00 and spread from 3. For chipping or scalping and technical traders.
Im using pepperstone https://pepperstone.com/en/ standard account in AUD. i used the razor account before but the commission is a killer. I tried IC markets but their spread really widens up when the market moves . They advertise from 0 spreads but its BS. Ive been told that Global prime is good also but never used them. Pepperstone was recommended to me by other traders and have stuck with them.
20 Pips a day keeps centerlink away
  • #777
  • Dec 16, 2015 11:12pm Dec 16, 2015 11:12pm
just my 2 cents but we could see 1500's on coming move..jst my opinion so sideways for awhile to build up some steam...or maybe not lol
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #778
  • Dec 16, 2015 11:32pm Dec 16, 2015 11:32pm
Quoting gomab11
just my 2 cents but we could see 1500's on coming move..jst my opinion so sideways for awhile to build up some steam...or maybe not lol
Hehe Hopefully another 150 plus pips today . This thing moves during the U.S. Open, just child play at the moment .
  • #779
  • Dec 16, 2015 11:35pm Dec 16, 2015 11:35pm
added buy 0829's
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #780
  • Dec 16, 2015 11:38pm Dec 16, 2015 11:38pm
Quoting Pip-Miner
{quote} Hehe Hopefully another 150 plus pips today . This thing moves during the U.S. Open, just child play at the moment .
you should get it..alligator waking up..will be looking for bull meat..
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
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