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AUD/USD

  • #101,501
  • May 18, 2017 7:20am May 18, 2017 7:20am
Quoting Expo33
{quote} Stalked this trade for 6 weeks. Another 10 weeks since entry to make 500 pips. Negative swap isn't great but the plan worked Insert pat on the back here >>>>>
Curious as to how the plan worked if plan was shorts starting from 7775 and price only got to 7750?
Hope for the best, prepare for the worst.
  • #101,502
  • May 18, 2017 7:30am May 18, 2017 7:30am
Not trading advice.
Just sharing my thoughts. Well, it could be a gamble. LOL
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  • #101,503
  • May 18, 2017 7:13pm May 18, 2017 7:13pm
http://www.news.com.au/finance/econo...89d79e2e319b8d

Im not a great fan of Steve Keen as he has tried to short the housing market for years. Infact he sold his property to prove his point years ago and has egg on his face ever since.

Having said that a broken clock gets the time right twice a day so I'm starting to agree with him on the debt scene.
  • #101,504
  • May 18, 2017 7:49pm May 18, 2017 7:49pm
Quoting lasty
http://www.news.com.au/finance/econo...89d79e2e319b8d Im not a great fan of Steve Keen as he has tried to short the housing market for years. Infact he sold his property to prove his point years ago and has egg on his face ever since. Having said that a broken clock gets the time right twice a day so I'm starting to agree with him on the debt scene.
The debt ratio in Australia is bad.... I have a finance business and seriously the number of customers who are getting more and more behind their payments is scary.
  • #101,505
  • May 19, 2017 1:08am May 19, 2017 1:08am
Quoting SkyrEk
Not trading advice. Just sharing my thoughts. Well, it could be a gamble. LOL {image}
Not trading advice.
Decided to take a long trade against the grain and decide on a short at higher prices.
4hr and 15mins chart respectively.
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  • #101,506
  • May 19, 2017 1:19am May 19, 2017 1:19am
Quoting SkyrEk
{quote} Not trading advice. Decided to take a long trade against the grain and decide on a short at higher prices. 4hr and 15mins chart respectively. {image} {image}
Hi, Buddy

Good advice. i'm always think your advice never be ignore.

Cheer.
"Nothing comes easy"
  • #101,507
  • May 19, 2017 1:37am May 19, 2017 1:37am
still keeping an eye out for 7385, maybe try a long scalp there....
Look Sharp/Trade Tight
  • #101,508
  • May 19, 2017 7:18am May 19, 2017 7:18am
0.7480 has not yet been taken out to maintain a bullish view

it has failed and dropped yesterday
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Don't Worry Be Happy
  • #101,509
  • May 19, 2017 11:23am May 19, 2017 11:23am
Quoting synapsez
{quote} Hi, Buddy Good advice. i'm always think your advice never be ignore. Cheer.
Thanks buddy, glad to see you still around. Many of the usual traders in this forum are no longer around.


Quoting SkyrEk
{quote} Not trading advice. Decided to take a long trade against the grain and decide on a short at higher prices. 4hr and 15mins chart respectively. {image} {image}
Ending the week on a positive note. Going to take 80% of my profits and let the remaining run, SL at breakeven. Whether prices approaches .7480 region or not, i leave it to the markets to decide.

Just want to show my P&L to showcase myself because i was deem a gambler earlier on.

Cheers all and have a great weekend with your family and love ones!

Peace.
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  • #101,510
  • May 20, 2017 5:46am May 20, 2017 5:46am
Quoting SkyrEk
{quote} Thanks buddy, glad to see you still around. Many of the usual traders in this forum are no longer around. {quote} Ending the week on a positive note. Going to take 80% of my profits and let the remaining run, SL at breakeven. Whether prices approaches .7480 region or not, i leave it to the markets to decide. Just want to show my P&L to showcase myself because i was deem a gambler earlier on. Cheers all and have a great weekend with your family and love ones! Peace. {image}

Your not a gambler mate.
I knew the aud job figures were going to be postive. Especially after budget.

Aud is netural and i got.allot of pips from up and down movements.

Aud will turn bullish.next week
  • #101,511
  • May 20, 2017 2:31pm May 20, 2017 2:31pm
Quoting SkyrEk
... Just want to show my P&L to showcase myself because i was deem a gambler earlier on. Cheers all and have a great weekend with your family and love ones! Peace. {image}
I didn't see indicators. I respect trader who has simple, stress free ( less or more ) way of trading.
Have a good time.
  • #101,512
  • May 21, 2017 3:24am May 21, 2017 3:24am
Looks bullish...but is a target of .7750 possible?
  • #101,513
  • May 21, 2017 3:35am May 21, 2017 3:35am
Quoting jpcashflow
{quote} Your not a gambler mate. I knew the aud job figures were going to be postive. Especially after budget. Aud is netural and i got.allot of pips from up and down movements. Aud will turn bullish.next week
Agree, i'm keeping an open mind to always to switch my directional bias in order to reap in profits. Hence i try not to be influenced by the opinions of others and trade my game. The weekly close does looks very bullish for sure.


Quoting ruma29
{quote} I didn't see indicators. I respect trader who has simple, stress free ( less or more ) way of trading. Have a good time.
Yeah, i don't really fancy a messy chart, clean and neat chart will do, as long profits are reaped, nothing else matters.

Have a great trading week ahead!
  • #101,514
  • May 21, 2017 4:21am May 21, 2017 4:21am
Not sure AUDUSD bulls can break this H4 TL with the recent USD news.
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Self discipline It is a practice
  • #101,515
  • May 21, 2017 6:47am May 21, 2017 6:47am
Quoting okshop
Not sure AUDUSD bulls can break this H4 TL with the recent USD news. {image}
Interesting to see what happenson monday. Conflicting us news. Postive with usd news.in terms.of Saudi news but negative with north kore and trump investigation
  • #101,516
  • May 21, 2017 11:26am May 21, 2017 11:26am
still looking for sell - until structure proves otherwise
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Wave-Trader- Charts as DocHolliday on Tradingview also
  • #101,517
  • May 22, 2017 2:02am May 22, 2017 2:02am
This is just the start.

http://www.smh.com.au/business/banki...22-gwa6pd.html

The S&P didnt worry about the major four banks and Macquarie bank because they assume the govt would step in.

I would have thought those banks exempted from the downgrade were bailed out by TAXPAYERS there would be a massive outcry considering how much they are already gouging off their taxpaying customers and it would be political suicide for any govt to prop up the banks.

Wrong assumption S&P .. The public have had enough ..

Fundamentally the AUD is on the brink of one almighty bear run if these cracks start to widen .
  • #101,518
  • May 22, 2017 3:15am May 22, 2017 3:15am
Initiated a short entry at .7460, gunning for .7400.
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  • #101,519
  • May 22, 2017 6:34am May 22, 2017 6:34am
this pair needs to get above 0.7480 on the daily char to be more bullish, otherwise it is likely to fall further towards 0.74

shorting from the 0.7480 area might be a good trade this week
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Don't Worry Be Happy
  • #101,520
  • May 22, 2017 7:46am May 22, 2017 7:46am
will it breach 0.7480 soon or will it get stuck and fall, that is the question

to be above 0.7480 or not to be, that is the question

Hamlet:
To be, or not to be, that is the question
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Don't Worry Be Happy
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