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AUD/USD

  • #97,961
  • Jul 14, 2016 4:40am Jul 14, 2016 4:40am
hopefully the US data can hulk smash the pair down
  • #97,962
  • Jul 14, 2016 4:44am Jul 14, 2016 4:44am
strong US data and over sold conditions on the longer time frames, could be a hell of a tank south
  • #97,963
  • Jul 14, 2016 6:42am Jul 14, 2016 6:42am
I've never seen a pair so stubborn and resilient; just won't stay down.
  • #97,964
  • Jul 14, 2016 6:46am Jul 14, 2016 6:46am
Quoting mamalujo
I've never seen a pair so stubborn and resilient; just won't stay down.
Just when I thought I was the only person wondering my she wont stay DOWN (OverDue)
  • #97,965
  • Jul 14, 2016 6:52am Jul 14, 2016 6:52am
Quoting mamalujo
I've never seen a pair so stubborn and resilient; just won't stay down.
Big dollar traders are holding longs from lower levels for margin profit.
Commitment of traders net long from last week.

AUD at good levels to short but it could continue higher for a while.
20 Pips a day keeps centerlink away
  • #97,966
  • Jul 14, 2016 7:00am Jul 14, 2016 7:00am
Of course it wont! It wont simply go down theoretically and fundamentally... it will only do so when all of our accounts are wiped out from MC as usual.

I wonder if there are real ordinary traders who actually make decent profits from forex.

There are too many big boys speculators who would love to kill us all...
  • #97,967
  • Jul 14, 2016 7:04am Jul 14, 2016 7:04am
Quoting QuPuteh
Of course it wont! It wont simply go down theoretically and fundamentally... it will only do so when all of our accounts are wiped out from MC as usual. I wonder if there are real ordinary traders who actually make decent profits from forex. There are too many big boys speculators who would love to kill us all...
Most ordinary traders use large positions on small account with high leverage and why they have their accounts blown constantly.
20 Pips a day keeps centerlink away
  • #97,968
  • Jul 14, 2016 7:33am Jul 14, 2016 7:33am
So we have green usd data, lets see what happens.
  • #97,969
  • Jul 14, 2016 7:35am Jul 14, 2016 7:35am
Quoting mamalujo
So we have green usd data, lets see what happens.
Lol hope the aussie drops
  • #97,970
  • Jul 14, 2016 7:38am Jul 14, 2016 7:38am
they should rather get someone else to exit the EU for the aud to fall
  • #97,971
  • Jul 14, 2016 7:51am Jul 14, 2016 7:51am
Looks like she's finally letting go... Hope she mean it this time (Don't want her going back to her ex ..maybe after a while)
  • #97,972
  • Jul 14, 2016 8:03am Jul 14, 2016 8:03am
Quoting jusstin911
Looks like she's finally letting go... Hope she mean it this time (Don't want her going back to her ex ..maybe after a while)
i hope so too
  • #97,973
  • Jul 14, 2016 9:37am Jul 14, 2016 9:37am
out at 7620. seems like this dude has got something to pick up there. would wait for it at the top with my own little bazooka, may be at 7720 or higher.
  • #97,974
  • Jul 14, 2016 10:56am Jul 14, 2016 10:56am
This is what i expect of AU..
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDmicroH4 14 july.png Size: 61 KB
  • #97,975
  • Jul 14, 2016 11:29am Jul 14, 2016 11:29am
Quoting izzas
This is what i expect of AU.. {image}
I agree. Just waiting for the retail crowd to get long and then the drop will begin.
But as long as the majority are short, the rise will likely continue as stops get eaten up.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-07-14 at 11.28.33 AM.png Size: 63 KB
  • #97,976
  • Jul 14, 2016 12:28pm Jul 14, 2016 12:28pm
Quoting izzas
This is what i expect of AU.. {image}

so where do you suggest is the right entry and sl?
  • #97,977
  • Jul 14, 2016 12:45pm Jul 14, 2016 12:45pm
Quoting mamalujo
{quote} so where do you suggest is the right entry and sl?
i would look at 0.76060 to sell and sl at 0.76390 if the sell triggered.
  • #97,978
  • Jul 14, 2016 12:49pm Jul 14, 2016 12:49pm
Quoting izzas
{quote} i would look at 0.76060 to sell and sl at 0.76390 if the sell triggered.
You have a stubborn market in front of you. Imho, it's a better strategy to just wait, price is in a strong weekly S/R zone and the momentum still favours a move to the upside. Trade safe.
Do your homework, follow the footprints of smart money
  • #97,979
  • Jul 14, 2016 4:21pm Jul 14, 2016 4:21pm
guys is there anyone else having issues with mt4 platforms (broker avatrade)
  • #97,980
  • Edited 5:55pm Jul 14, 2016 4:41pm | Edited 5:55pm
Quoting logan911
guys is there anyone else having issues with mt4 platforms (broker avatrade)
Sometimes the platform on MT4 freezes its quite annoying n you get logged out a lot too. I think its just a software glitch because no one is gonna slip me while
I'm swing trading LOL
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