AUD/USD

[Largesse]

thats **** house

i was going to a movie and took profits on my 4 short contracts about 5 minutes before it gapped down. best part of 7 grand missed

 

[Naked shorts]

thats **** house

i was going to a movie and took profits on my 4 short contracts about 5 minutes before it gapped down. best part of 7 grand missed

lol, should have placed a trailing stop ey!

btw, at least you were short..i was long.

 

[Largesse]

lol, should have placed a trailing stop ey!

btw, at least you were short..i was long.

IG markets and trailing stop just don't work well together i've found

sorry to hear about your long... got roasted

 

[Largesse]

IG markets and trailing stop just don't work well together i've found

sorry to hear about your long... got roasted

further to this,

at least new terminator movie was worth it

so much man love for christian bale

 

[Naked shorts]

further to this,

at least new terminator movie was worth it

so much man love for christian bale

Didnt get too roasted, was partly hedged.


I wasn't originally going to see it, but seeing you liked it, i will.

Check out on youtube, christian bale going nuts on Terminator film set
http://www.youtube.com/watch?v=zuJCGGTPY5w&feature=related

I should also add that his acting in American Psycho is some of the best I have seen.

 

[Wysiwyg]

thats **** house

i was going to a movie and took profits on my 4 short contracts about 5 minutes before it gapped down. best part of 7 grand missed

Would have been a nice pick-up for an extra 30 minute hold.

There are probably thousands of similar stories to ours. I too was short a few times in the preceding hour. Didn`t tank when I had them though.

 

[James Austin]

apologies for this basic question, but what are the best hours for trading (day trading) AUDUSD?

and, if its through the aussie night, what hours are best for during aussie day time?

thanks

JA

 

[lasty]

apologies for this basic question, but what are the best hours for trading (day trading) AUDUSD?

and, if its through the aussie night, what hours are best for during aussie day time?

thanks

JA

What are you trying to achieve?

AUD is fairly liquid from say 7.00am Sydney time until the end of London close.
You then encounter issues until when Sydney open again.
NY can be very illiquid once London goes home.

 

[James Austin]

i want to find some FX pairs to trade during aussie day time
thinking about: audusd, audus, cadus

What are you trying to achieve?

AUD is fairly liquid from say 7.00am Sydney time until the end of London close.
You then encounter issues until when Sydney open again.
NY can be very illiquid once London goes home.

 

[lasty]

i want to find some FX pairs to trade during aussie day time
thinking about: audusd, audus, cadus

Ok
Well AUD/USD is a recognised traded currency pair, so is AUD/JPY and AUD/NZD
The reason being is that actual high volume of trading (export/imports) take place and there are price makers in those crosses which means liquidity.
Now AUD/CAD,AUD/EUR,AUD/GBP are currency pairs but are really synthetic pricing.

So AUD/JPY and AUD/NZD in Aussie day time will keep you occupied and the economic data from NZ and Japan is reported in our trading hours which is a bonus.

I always question people who trade EUR, GBP, CHF for example when the liquidity is thinner and the data doesnt come out in this timezone.

 

[James Austin]

thanks there lasty, seems there's some decent choice during aus day hrs, which works better for me.

Ok
Well AUD/USD is a recognised traded currency pair, so is AUD/JPY and AUD/NZD
The reason being is that actual high volume of trading (export/imports) take place and there are price makers in those crosses which means liquidity.
Now AUD/CAD,AUD/EUR,AUD/GBP are currency pairs but are really synthetic pricing.

So AUD/JPY and AUD/NZD in Aussie day time will keep you occupied and the economic data from NZ and Japan is reported in our trading hours which is a bonus.

I always question people who trade EUR, GBP, CHF for example when the liquidity is thinner and the data doesnt come out in this timezone.

 

[solomon]

Something big has just happened in the AUD/USD! Wow 83.3!

 

[Qed]

something happened early in the day .. went up all day . trick is how do u get on early enuf

 

[Stormin_Norman]

rba upbeat on economy and looking to raise interest rates.

 

[acouch]

aud fut..in a nice uptrend..
ac

 

[>Apocalypto<]

aud fut..in a nice uptrend..
ac

HUH?

what time frame price on spot is making lower highs and lows

 

[Mr J]

Looks like 4hr.

 

[Tradesurfer]

Thought I'd post the link to a map overlay of when various market centers are open and liquidity. Its a broad representation so doesn't help with say a particular currency (AUD/NZD) and best times for that but thought it might be helpful- it is listed in Eastern Time(New York) so you'll have to do the conversion

http://www.gftforex.com/forex/forex-trading-hours.asp

 

[Lachlan6]

Despite a number of analysts talking up the prospects of the AUD/USD, alluding to a recovery in resources and base metals and a slowly increasing risk appetite, one look at the Elliott Wave form is shouting out an opposing view. I expect the currency will now collapse, with a medium term target back down at
$0.60.

A look at the daily chart displaying the last three years, clearly displays a strong five-wave impulse off the highs of around $0.98. This move took around three months, yet the following correction back up has only retraced about 61.8% and has taken over three times longer. This is a three-wave correction, which in my view walked the last steps last week. Within the larger wave c, we can see a clear five-wave move and on the hourly chart, the currency looks as though it is now giving up the ghost. I expect a five-wave impulse to take hold early next week and to me this will be enough evidence to say that the AUD/USD is now heading south with a vengeance once again.

I am preparing for a short trade placing my initial stop just above the high on the 13th of August and my medium term target is down at $0.60.

 

[Wysiwyg]

I heard Rob Prechter from Elliot Wave International on Bloomberg this morning say the USD is likely for a run.