AUD/USD

Quoting Blackopal

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{quote} You said-"Next year the Feds will go on a hiking frenzy combined with Trumps "Pro American" policies will push the USD sky high." The following four quotes are copied from a speech Vice Chairman Stan Fischer of U.S. Fed reserve gave on Nov. 11- "the Fed appears reasonably close to achieving both the inflation and employment components of its mandate. Accordingly, the case for removing accommodation GRADUALLY is quite strong"......... "First, the Fed will remove accommodation only in response to an outlook for improving economic conditions...

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Quoting PaulDaemon

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{quote} This is the only wave I care about. (the big drop is a withdrawal not a loss) {image} EW is so full proof but yet to see any successful traders trading this theory. Maybe thats all it is, theory. I am one of the few on here that is making consistent profit and have the means to back it up. Why is it i see so many guru's analysis teachers saying this and that and what ever but never have any accounts to back them up. see it all over the net charging ridiculous amounts of money for their courses and membership sites. But yet they dont even...

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Quoting Jfrancis

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{quote} Elliott was the one who identified the triangle pattern amongst others. but you trade EW. ok

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Quoting NotAtrader

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God bless the victims in New Zealand. Do you guys think this earthquake will impact AUD in some way? NaT

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Quoting NotAtrader

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This doesn't look to like a hug drop. It looks like a slow but solid trend up.

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Quoting Jfrancis

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{quote} Firstly, for someone who has accurately predicting 4 different moves here. I think I know a little bit about corrective patterns how they form. It is not as easy as drawing trend lines from the top to bottom of two points. This is the proper labeling of waves {image} This is currently the bigger outlook on AU {image}

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Quoting NotAtrader

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This doesn't look to like a hug drop. It looks like a slow but solid trend up.

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Quoting jusstin911

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{quote} From my observations thus, you seemed a bit confused and don't' even know who to believe or follow.. My advice.. Follow the basics of FX and use super micro lots on your trades especially if your still coming up with FX.. the AUD/USD is going down but slowly.. don't get it twisted all by yourself Trade safe J

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Quoting andoseg2

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Some sellers @ $0.755 psichological resistance. A lot of traders stucked below it and also below support of previous swing low wich now act as resistance : {image}

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Quoting andoseg2

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{quote} Mabe sellers will push the price down from here : {image}

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Quoting NotAtrader

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{quote} Hi my friend. Thank you for the advice. I appreciate any input available here and I can help in some way too. I am not confused at all an I feel pretty confident about my trading. My account has been growing from almost zero to nearly 200k$ over the past 7 months. No problem at all m8. The truth is that I am never arrogant and I am friendly and helpfull to everyone while I am also thankful and appreci any advice and suggestion. Thanks m8 NaT

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Quoting slk

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{quote} Question is, are u long or short on this pair? Post yr trade call and no one with doubt yr credibility.

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Quoting NotAtrader

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{quote} Hi. I am short and I am loosing at the moment. And I have no problems admitting that. I still believe that AUD/USD will fall down a lot this week. Target 0.7448 Trade safe... NaT

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