Australian (ASX) Stock Market Forum

AUD

Re: AUD is a short

Well done TI! Was that a two pip spread? Where did you open?

Cheers,


Hey CanOz,

Hope you had a nice Chinese easter and hope the Chinese easter bunny did not bring you any green duck egg's! :D

I got in at 8220 after I saw it break though the resistance, not the earliest entry but still, things still looking good as long as it stays on its trend.

Yeh it was on the 2 pip spread.

we will see what happens!
 

Attachments

  • Spot FX (mini) AUD_USD (Undated).jpg
    Spot FX (mini) AUD_USD (Undated).jpg
    83.4 KB · Views: 403
Re: AUD is a short

LOL do currencies have breathers or pullbacks??!
Thoroughly enjoying this :D

Well done T.I
 
Re: AUD is a short

Nizar,

For sure buddy,
In fx you can see consolidation and small retracments.

I am following the trend and also second entry off the flag rectangle continuation that formed. looking to keep adding along the way!

Will stay with this till it breaks trend and with the real possibility of another rate hike it could keep going for a while.

I am also short on the EUR/AUD.

CanOz

Attached with buy arrows.
 

Attachments

  • Spot FX (mini) AUD_USD (Undated).jpg
    Spot FX (mini) AUD_USD (Undated).jpg
    84.9 KB · Views: 368
Re: AUD is a short

Dollar looked like a short before but it has bounced of its trend again.

Opened another long

One question, if the eur/aud goes up will the aud/usd go down or am i seeing things?
 
Re: AUD is a short

Moneytree were are you AUD is a short! :confused: :) (not trying to be smart!)

Have shorted the AUD today broke trend and is dropping nicely.

See my latest sell signal, that's my entry.
 

Attachments

  • Spot FX (mini) AUD_USD (Undated).jpg
    Spot FX (mini) AUD_USD (Undated).jpg
    94 KB · Views: 320
Re: AUD is a short

Moneytree were are you AUD is a short! :confused: :) (not trying to be smart!)

Have shorted the AUD today broke trend and is dropping nicely.

See my latest sell signal, that's my entry.

Nizar

I agree it does, watching it as well

I took profit on the short and am now also looking to go long again.

Did not update with post and charts.
 
Re: AUD is a short

Going by my E/W outlook of the Weekly skippy my trades in the shorter timeframes are now on the short side........
 

Attachments

  • skippy_270407.gif
    skippy_270407.gif
    6.3 KB · Views: 274
Re: AUD is a short

Going by my E/W outlook of the Weekly skippy my trades in the shorter timeframes are now on the short side........

The daily short on the skippy is working so far, I guess the NFP tonight will determine where it goes now, have stop set at breakeven for the expected volatility.
 

Attachments

  • skippy_040507.gif
    skippy_040507.gif
    9 KB · Views: 240
Re: AUD is a short

It will be interesting to see how the AUD fairs tonight, certainly still looking like a short play at the moment.
 

Attachments

  • AUDUSD Friday 4-05-2007.jpg
    AUDUSD Friday 4-05-2007.jpg
    116.6 KB · Views: 220
Re: AUD is a short

Just out of interest for long term fundamentals -

is the AUD a good massive short against the YEN?

With Australia not making a surplus in the last 5 years (with the minerals boom no less!!!!), and the winding back of the carry trade imminent on the YEN, surely shorting the AUD vs YEN is the best deal on the planet.

Anyone else????
 
Re: AUD is a short

Depends on your time frame, I think shorting around 100 might be a good area.
But paying 5.75% on the position isn't too attractive.
 
Re: AUD is a short

possible resistance coming overhead - this is monthly mind....

aud070607pr9.gif
 
Re: AUD is a short

and updated from a harmonical view - close to painting a bearish pattern

65f95837fd.gif
 
Top