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  • #94,621
  • Jan 17, 2016 9:57pm Jan 17, 2016 9:57pm
you may well be right. There should be a rally at this point in time. We have a double bottom on a MONTHLY Chart. Don't be fooled by AUD/USD.
  • #94,622
  • Jan 17, 2016 10:00pm Jan 17, 2016 10:00pm
Quoting giveachance
{quote} short squeeze or genuine buying??? If I say buy this whole thread will start targeting me. I have been watching aud crosses for clues and all of them are looking strong. gbp/aud is pretty much attached to risk and has a weekly 50% retracement at 2.0575. it breaks that it leaves a big hole below
I have seen traders in this thread targeting you recently. Lol, honestly i don't know why/ what's going on/ or if you have some old tussle with some of them, however this is a trading forum where everyone is entitle to their own opinion and views. If someone goes against me, that's fine too. Its a free market. Someone in the market will need to lose money in order for us to gain.

To answer your question, I've no idea too. I just have to trade what i see, don't marry to my trades, get out at a profit. As long i gain green pips, nothing else matters to me. I don't really care about commodities rout, China woes, Greexit and the list goes on. As a trader, we are a minority as compared to large institutions. Thus, i suggest we small fishes just swim with the waves and eat the crumbs that big fishes (Central banks) left behind. Those crumbs can give us some handsome profits as well.

Go with the flow and all will be well. What matters most is that your bank account gets fatter, words and opinions shared over here won't affect you in reality, does it?
  • #94,623
  • Jan 17, 2016 10:20pm Jan 17, 2016 10:20pm
Ii love Monday morning ,it often brings an unexpected change in trend so I come out of my cave and eat traders. I hate those who observe or know I like hunting on Monday morning hehe
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  • #94,624
  • Jan 17, 2016 10:33pm Jan 17, 2016 10:33pm
Quoting websitethu7
chart spread oversold going up (daily )
Oooopppssss

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  • #94,625
  • Jan 17, 2016 10:57pm Jan 17, 2016 10:57pm
Quoting Ill-b-back
{quote} A great time to be shorting for the long haul {image} {image}
We could get a retest of the weekly breakout above
Come with me if you want to live....
  • #94,626
  • Jan 17, 2016 11:03pm Jan 17, 2016 11:03pm
Quoting SkyrEk
{quote} I have seen traders in this thread targeting you recently. Lol, honestly i don't know why/ what's going on/ or if you have some old tussle with some of them, however this is a trading forum where everyone is entitle to their own opinion and views. If someone goes against me, that's fine too. Its a free market. Someone in the market will need to lose money in order for us to gain. To answer your question, I've no idea too. I just have to trade what i see, don't marry to my trades, get out at a profit. As long i gain green pips, nothing else...
Very well said​
JOHN 3:16
  • #94,627
  • Jan 17, 2016 11:13pm Jan 17, 2016 11:13pm
gbp/aud testing time. personally I think it breaks 2.0583 and that would confirm a short term aussie bottom
  • #94,628
  • Jan 17, 2016 11:15pm Jan 17, 2016 11:15pm
Quoting giveachance
{quote} short squeeze or genuine buying??? If I say buy this whole thread will start targeting me. I have been watching aud crosses for clues and all of them are looking strong. gbp/aud is pretty much attached to risk and has a weekly 50% retracement at 2.0575. it breaks that it leaves a big hole below
China might be cooking up some numbers for tomorrow and I wouldn't be surprised if this is already some genuine positioning ahead of the release taking place.
I'm bullish above 6940 for today, target 7090.
Else short from 6930 target 6870 intraday but certainly the news tomorrow will be make or break.
Don't get mad, get even!
  • #94,629
  • Jan 18, 2016 5:15am Jan 18, 2016 5:15am
first channel of a new cycle (compatible to AUD/USD).
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  • #94,630
  • Jan 18, 2016 5:18am Jan 18, 2016 5:18am
tomorrow data
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  • #94,631
  • Jan 18, 2016 6:35am Jan 18, 2016 6:35am
still confuse where price will be going
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The Average Discount Everything
  • #94,632
  • Jan 18, 2016 7:10am Jan 18, 2016 7:10am
Maybe .........

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  • #94,633
  • Jan 18, 2016 7:15am Jan 18, 2016 7:15am
I think it will probably retrace back to 0.6930 before it moves to the downside again.
  • #94,634
  • Jan 18, 2016 7:49am Jan 18, 2016 7:49am
Holding short in AU
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Forex Learner
  • #94,635
  • Jan 18, 2016 8:08am Jan 18, 2016 8:08am
if chinese data about the GDP are good or even just as expected it could go easily recapture the 0.70 .... and if this stupid drama that is lasting since the new year begins to deflate it could be a far more lasting upward move until 0.72. let me remind you that just before these events everybody was targeting a move to 0.75 for the AUD as a prerequisite before any attempt to the sub 0.70 territory.
  • #94,636
  • Jan 18, 2016 8:18am Jan 18, 2016 8:18am
short. no matter what.
As Above, So Below
  • #94,637
  • Jan 18, 2016 8:24am Jan 18, 2016 8:24am
  • #94,638
  • Jan 18, 2016 10:40am Jan 18, 2016 10:40am
China GDP is due tonight.. I guess this will have a big impact on this pair if it's anything out of the ordinary.
  • #94,639
  • Jan 18, 2016 10:53am Jan 18, 2016 10:53am
i see my faithful doggy is around again
pretty much done with au shorts for today, ideally would wait till 0.6850 but market is too slow and better wait for news from China and see if it offers any shorting opportunities.
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As Above, So Below
  • #94,640
  • Jan 18, 2016 10:54am Jan 18, 2016 10:54am
Quoting choubaka
China GDP is due tonight.. I guess this will have a big impact on this pair if it's anything out of the ordinary.
Ouch! As global markets nervously look on, China is expected to post its worst annual economic growth in 25 years, according to a CNNMoney survey of economists.


http://money.cnn.com/2016/01/17/news...15-gdp-survey/
Forex Learner
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