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AUD/USD

  • #98,161
  • Aug 2, 2016 5:04am Aug 2, 2016 5:04am
Quoting fxtrader18
{quote} OUCH! When will you cut your losses?
I will sell more at 84
trading is simple but is simple is not easy.
  • #98,162
  • Aug 2, 2016 5:05am Aug 2, 2016 5:05am
Quoting ZenNy
{quote} I am short at 71
There are plenty of traders still holding AUD shorts from as low as .69.
20 Pips a day keeps centerlink away
  • #98,163
  • Aug 2, 2016 5:12am Aug 2, 2016 5:12am
Quoting PaulDaemon
{quote} There are plenty of traders still holding AUD shorts from as low as .69.
0.6900? Really? Probably they believe in miracles..
trading is simple but is simple is not easy.
  • #98,164
  • Aug 2, 2016 5:15am Aug 2, 2016 5:15am
it is gently going up....like does not want to be noticed....usually strong trend......there is not any decent pull back in this uptrend...could be dangerous.....time will tell.....signs are not good....
trading is simple but is simple is not easy.
  • #98,165
  • Aug 2, 2016 5:21am Aug 2, 2016 5:21am
Quoting ZenNy
it is gently going up....like does not want to be noticed....usually strong trend......there is not any decent pull back in this uptrend...could be dangerous.....time will tell.....signs are not good....
It will head back there but slowly...
20 Pips a day keeps centerlink away
  • #98,166
  • Aug 2, 2016 5:22am Aug 2, 2016 5:22am
Quoting ZenNy
{quote} I will sell more at 84
cancel PO, not convinced....
trading is simple but is simple is not easy.
  • #98,167
  • Aug 2, 2016 5:27am Aug 2, 2016 5:27am
The DXY hanging on the edge is making me think twice about this. Will wait for H1 close to decide if I hold this.
  • #98,168
  • Aug 2, 2016 5:31am Aug 2, 2016 5:31am
Quoting PaulDaemon
{quote} It will head back there but slowly...
Could be.....nothing sure here...best is be on guard......
trading is simple but is simple is not easy.
  • #98,169
  • Aug 2, 2016 5:37am Aug 2, 2016 5:37am
Quoting fxtrader18
The DXY hanging on the edge is making me think twice about this. Will wait for H1 close to decide if I hold this.
DXY could bounce @95.33 which would keep me in the trade. Also UCAD should bounce a bit @1.3041
  • #98,170
  • Aug 2, 2016 5:53am Aug 2, 2016 5:53am
This area needs to hold on EA. Added Fib - 1.476x is strong

I will be very long EA @1.476
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD_support.png Size: 33 KB
  • #98,171
  • Aug 2, 2016 6:17am Aug 2, 2016 6:17am
Quoting fxtrader18
This area needs to hold on EA. Added Fib - 1.476x is strong I will be very long EA @1.476 {image}
Missed entry on EA by 4 pips. Order pulled.
  • #98,172
  • Aug 2, 2016 6:59am Aug 2, 2016 6:59am
have gone long from 0.7575 with a sl now at 0.7585, hopefully it will go higher.
I spread bet.
  • #98,173
  • Aug 2, 2016 7:03am Aug 2, 2016 7:03am
so why AUD/USD?
for me it is a matter of lowest initial margin.
  • #98,174
  • Aug 2, 2016 7:06am Aug 2, 2016 7:06am
Agreed, a good currency to start off with. I think one of the easier pairs to analyse too.
  • #98,175
  • Aug 2, 2016 7:34am Aug 2, 2016 7:34am
I don't get it. Rates cut, economy - crap and still it goes up, that is over my understanding...
  • #98,176
  • Aug 2, 2016 7:42am Aug 2, 2016 7:42am
Quoting cold chisel
I don't get it. Rates cut, economy - crap and still it goes up, that is over my understanding...
​that's it for cuts, no more down side rate risks.
  • #98,177
  • Aug 2, 2016 7:45am Aug 2, 2016 7:45am
Quoting cold chisel
I don't get it. Rates cut, economy - crap and still it goes up, that is over my understanding...
could well be the last cut for a long time.
considering the everlasting inability (or unwillingness) of the FED to hike, higher yield currencies could be considered some kind of forex TINA.
MarginTrader All Time Return: na
  • #98,178
  • Aug 2, 2016 7:46am Aug 2, 2016 7:46am
Nice bag, 1cent worth of pips in less than half a day!

It will go higher still for sure.

Rate cut nothing more than a case of buy sell the rumour sell buy the fact.
  • #98,179
  • Aug 2, 2016 7:49am Aug 2, 2016 7:49am
This is what we call... "purposely using the volume of monies you have as speculators and proxies to wipe all straight forward thinking traders like us out" and then only it will "move" somehow "accordingly" to the news sentiments and "so called fundamentals"
  • #98,180
  • Aug 2, 2016 7:49am Aug 2, 2016 7:49am
Quoting MaryJane
{quote} could well be the last cut for a long time. considering the everlasting inability (or unwillingness) of the FED to hike, higher yield currencies could be considered some kind of forex TINA.
​I think your correct.

Even the miners are happy at Digger and Dealers this week...
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