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GBP/AUD - Daily Trading

  • #141
  • Nov 16, 2015 7:17am Nov 16, 2015 7:17am
Moving higher...let give some other trader make money too...hehe
  • #142
  • Nov 16, 2015 8:21am Nov 16, 2015 8:21am
That all from me. I prefer to trade quietly at home. Good luck to gbpaud trader.

Thank. Bye.
  • #143
  • Nov 17, 2015 5:58pm Nov 17, 2015 5:58pm
Another day, another trading day.
I need a second opinion on this pair.

Myindicators and fiob retracement has the pair sitting on 61.8% line since yesterday's high of 2.145 ish area. Heiken Aishi is saying there's a start of a reversal at 4h chart but I can't seem to shake this feeling that it won't break through 61.8. call it a hunch but i'm sticking with it now. it's tried for the past hour or so to break through with increased volume at the 5min chart but nothing. Question is do i walk out or wait. any thoughts would be appreciated.

Thank you
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  • #144
  • Nov 17, 2015 6:15pm Nov 17, 2015 6:15pm
Definitely lacks direction, every time frame is like this, even an Inside Week

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It takes a lot for me to IGNORE you, but you can try.
  • #145
  • Jan 6, 2016 8:14pm Jan 6, 2016 8:14pm
I'm a trend follower, I don't use many indicators mainly EMA and get entries with Fibs and S&R lines.
Heres my reading on G/A

Pair is in up trend and uses the 50EMA line as Dynamic Resistance

I just went Long this pair, as you can see the PA has touched the 50 EMA line and also reached the 61.8 Fib line on Wkly Timeframe Long term target is 2.25, but will be adding and reducing exposure along the way. SL 2.05 R:R 7:1
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  • #146
  • Jan 21, 2016 10:15pm Jan 21, 2016 10:15pm
i went against my principle and trade more than 5% of my capital. i made a loss. i went in again and long this pair after suffer a loss. it's still down but i am sure it will bounce back as AUD is in doldrums, pulled down by commodity prices.adding oil to fire, the data release for the past week is not so good for AUD. besides, china hasn;t stabilise, looks like it has but beneath the surface, it's still struggling. i am LONG on this pair till 2.07
  • #147
  • May 10, 2016 4:18am May 10, 2016 4:18am
Good to see gbpaud thread...
4h tp lower long chande kroll stop sell...
Possible ext to 50 ema..
FREEDOM IS SECURITY.
  • #148
  • Aug 18, 2016 10:10pm Aug 18, 2016 10:10pm
30m chart
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trading is simple but is simple is not easy.
  • #149
  • Sep 21, 2016 4:15am Sep 21, 2016 4:15am
Really nice pair. I started loving this pair actually...
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MAKE SURE you still can TRADE tomorrow
  • #150
  • Sep 21, 2016 4:23am Sep 21, 2016 4:23am
great pair to trade, now strong bear....
trading is simple but is simple is not easy.
  • #151
  • Sep 21, 2016 4:49am Sep 21, 2016 4:49am
Quoting ZenNy
great pair to trade, now strong bear....
Agree with that..
MAKE SURE you still can TRADE tomorrow
  • #152
  • Sep 21, 2016 4:57am Sep 21, 2016 4:57am
Quoting senanata
{quote} Agree with that..
difficult to short from here for me......looking for a pull back to then retest the new extreme.....maybe tomorrow....
trading is simple but is simple is not easy.
  • #153
  • Sep 22, 2016 12:56am Sep 22, 2016 12:56am
still hold short position. Long trip to the South....LoL
MAKE SURE you still can TRADE tomorrow
  • #154
  • Sep 22, 2016 5:38am Sep 22, 2016 5:38am
Hold...hold...hold...next target 1.6737 area
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MAKE SURE you still can TRADE tomorrow
  • #155
  • Sep 23, 2016 8:08am Sep 23, 2016 8:08am
Quoting senanata
Hold...hold...hold...next target 1.6737 area {image}
There is a R&S on 1.69300 , Do you think should we get out the trade or still going down?
Cheers
  • #156
  • Sep 26, 2016 6:47am Sep 26, 2016 6:47am
Quoting attamontazer
{quote} There is a R&S on 1.69300 , Do you think should we get out the trade or still going down? Cheers
Yea I know about it. But I still hold my position and make some short position again. My exit area around 1.6937. Now GA on 1.6942..
MAKE SURE you still can TRADE tomorrow
  • #157
  • Sep 26, 2016 6:51am Sep 26, 2016 6:51am
i have psychologically accepted my loss if 6927 is breached . it comes with the territory
practising coitus interruptus
  • #158
  • Sep 26, 2016 7:26am Sep 26, 2016 7:26am
Quoting senanata
{quote} Yea I know about it. But I still hold my position and make some short position again. My exit area around 1.6937. Now GA on 1.6942..
pardon me, I was wrong, my exit area around 1.6737 (16/08/2016 low at 1.6720)
MAKE SURE you still can TRADE tomorrow
  • #159
  • Sep 26, 2016 8:42am Sep 26, 2016 8:42am
Quoting avibe
i have psychologically accepted my loss it comes with the territory
//-----

......h
to trade and code, keep both simple... no call to impress....h
  • #160
  • Sep 30, 2016 3:21am Sep 30, 2016 3:21am
after a down fall on gbpaud now gbpaud is starting its up trend from 1.6900 to 2.0000
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