AUD/USD | Page 4878 | 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

  • #97,541
  • Jun 1, 2016 4:48am Jun 1, 2016 4:48am
Quoting galvcore
{quote} Yeah can see now. On my FX Team calender it was a green event. Oh well, live and learn.
Just so you learn the right thing , dab was referring to the colour of the box (red) next to the currency code (AUD) - on the left side of the screen, not the actual value (green 3%) on the right side. If you look at the calendar, you should always note the 'red' events.

Hope it helps.
  • #97,542
  • Jun 1, 2016 4:56am Jun 1, 2016 4:56am
Quoting karelk
{quote} Just so you learn the right thing , dab was referring to the colour of the box (red) next to the currency code (AUD) - on the left side of the screen, not the actual value (green 3%) on the right side. If you look at the calendar, you should always note the 'red' events. Hope it helps.
Yeah I got it ha ha, thanks though. I use 2 calenders generally and one of them didn't flag it as a red, high importance event which is why I pretty much overlooked it.
  • #97,543
  • Jun 1, 2016 5:09am Jun 1, 2016 5:09am
Quoting jamesph61
in a nutshell ..... Frustration ..........
  • #97,544
  • Jun 1, 2016 5:11am Jun 1, 2016 5:11am
Upside pushes will be hard and fast...
But i'm scalping the downside in the context of mean reversion
  • #97,545
  • Jun 1, 2016 5:13am Jun 1, 2016 5:13am
Quoting RBlackburn
Upside pushes will be hard and fast... But i'm scalping the downside in the context of mean reversion
1HR TF
  • #97,546
  • Jun 1, 2016 6:51am Jun 1, 2016 6:51am
Quoting stulic
{quote} yes 7110 tp
I asked because some time ago you did not agree with me that Gold chart can be used to trade EURUSD,USDCHF & AUDUSD. You would observe that Gold; AUDUSD & EURUSD have same setup on monthly.I closed my short yesterday waiting for another short opportunity.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 11.1%
  • #97,547
  • Jun 1, 2016 8:01am Jun 1, 2016 8:01am
I wonder why the Aussie is dropping against most of its counterparts
The GDP was much better than expected
  • #97,548
  • Jun 1, 2016 8:30am Jun 1, 2016 8:30am
Bulls are still a stubborn bunch. They buy, and get burned, buy and get burned...
  • #97,549
  • Jun 1, 2016 9:44am Jun 1, 2016 9:44am
Quoting cold chisel
Bulls are still a stubborn bunch. They buy, and get burned, buy and get burned...

That is what drives the market ...... optimistic exuberance from the Bulls ........ and on the flip ......its pessimistic acceptance for the bears .......


Each a perception of reality backed by $'s







and now .....I'll crack a fourth bottle and see what other BS pearls of wisdom I can impart before i get completely leg less ,,,,
  • #97,550
  • Jun 1, 2016 10:12am Jun 1, 2016 10:12am
Quoting ThirtyTen
really good example of how the "Gann Angles" work on the currency markets.​ chart attached has correctly calculated the Gann 45 degree lines (or 1x1 angle) I have highlighted in blue how the 45 degree line from the HIGH back in APRIL 2010 is still active in producing support and resistance in the AUDUSD six years later... a bunch of other key 1x1 angles have been included for those who are interested. {image}
Gann is Great! I was playing with angles maybe my 4th year into trading and found out that Gann had a whole theory behind it and other things. I am searching the forums for other Gann knowledge.

I'm still bullish above and immediately around that same line. but below it bearish.

Everyone is bearish as well as bullish based on what they think to be "fair market price". End of the day we are all more concerned about a return and not a loss. Lets let that be our common ground.
  • #97,551
  • Jun 1, 2016 2:16pm Jun 1, 2016 2:16pm
Quoting adetola99
{quote} yes
Ok
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 11.1%
  • #97,552
  • Jun 1, 2016 6:56pm Jun 1, 2016 6:56pm
Quoting cold chisel
Bulls are still a stubborn bunch. They buy, and get burned, buy and get burned...
And then they blame it on market manipulation...
20 Pips a day keeps centerlink away
  • #97,553
  • Jun 1, 2016 7:14pm Jun 1, 2016 7:14pm
Quoting markri
I wonder why the Aussie is dropping against most of its counterparts The GDP was much better than expected
After the euphoria of the GDP headline the devil is in the detail.

The GDP numbers biggest contributor was mining.
This is against the sentiment that Australia is transitioning away from mining into some other earner.
I don't know what the other earner is exactly because its mainly hope which has been fluffed around by politicians.

So if the mining boom is over then the GDP doesn't look that attractive.

The bulls punted on false hopes and in reality if you look at Australia's fundamentals the economy is in bad shape until such time as we transition into something miraculous.

The bulls also punted on housing construction .. Australian properties are at record highs and banks a getting nervous about lending . Clearly not a positive there either.

So today we have retail sales and trade balance.
Let see what we take from these numbers
  • #97,554
  • Jun 1, 2016 7:28pm Jun 1, 2016 7:28pm
Agree Lasty. I speculate the trade figure today to be decent (green) due to China buying all the iron ore last quarter. As Lasty indicated, it all a bit false as mining is driving these figures rather than a real turn in the Aussie economy, after the initial excitement over the green figure it will calm back down, and we will see a steady drop as we are seeing now. Good opportunity to short.

Long term (6 months) my sentiment is short, and I would have to see some real indication of a turn in the economy or the US to go totally balls in the coming months for me to change that. I am still banking on this pair hitting sub 0.70 before year is done.
  • #97,555
  • Jun 1, 2016 7:53pm Jun 1, 2016 7:53pm
Hmmmm ... maybe

H4
Attached Image (click to enlarge)
Click to Enlarge Name: `3.png Size: 20 KB
  • #97,556
  • Jun 1, 2016 9:28pm Jun 1, 2016 9:28pm
Buying up if there's a stop run below yesterdays low (0.7227) - shown in green
Getting long if we find support around today's S1 pivot (0.7222)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2.png Size: 1.2 MB
Click to Enlarge Name: 1.png Size: 78 KB
  • #97,557
  • Jun 1, 2016 9:36pm Jun 1, 2016 9:36pm
Or put simply...buy when we hit earth
1HR TF
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 72 KB
  • #97,558
  • Jun 1, 2016 10:51pm Jun 1, 2016 10:51pm
My sentiments for later

Let's rock and roll~
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.JPG Size: 156 KB
  • #97,559
  • Jun 1, 2016 11:42pm Jun 1, 2016 11:42pm
Long again @0.72309 Sl. 0.72200 tp. well see
  • #97,560
  • Jun 1, 2016 11:43pm Jun 1, 2016 11:43pm
Quoting 9jatrader
{quote} I asked because some time ago you did not agree with me that Gold chart can be used to trade EURUSD,USDCHF & AUDUSD. You would observe that Gold; AUDUSD & EURUSD have same setup on monthly.I closed my short yesterday waiting for another short opportunity.
I didn't disagree with that, as far as I remember I didn't agree that the gold price moves the Aussie or vice versa, surely there's a certain correlation with all USD pairs and gold.
Don't get mad, get even!
42 traders viewing now