AUD

[professor_frink]

Re: AUD is a short

I agree with you prof, but I just don't have the never tonight, want to go to sleep shortly, so that was enough for me.......

All the best if you go in long, I would think that the 80 cent level at least should be tested....

Cheers

already long- missed the initial spike unfortunately, but have found what looks like a half decent entry off the 5 minute chart, and will look to let it go for as long as I can stay awake!!!

 

[>Apocalypto<]

Re: AUD is a short

you got that one pretty well right TI- it got down into the 76 area. Nice work. You still holding through the madness, or have you cut and run?

cheers mate,

closed my short around 5.30pm

went long on the EUR/USD and short on the USD/CAD, long AUD/USD. i was in 1 hour before the rate cut, that sure helped!

have taken profits now.

watching the AUD.....

also the USD/CAD is looking good a new uptrend may be in the works, the rate cut simply retraced it so far, I will be watching to see how far the US$ gets knocked down.

good trading to you and your long. I think you should be quite safe over night with it.

watch the yen on monday!

 

[reece55]

Re: AUD is a short

cheers mate,

closed my short around 5.30pm

went long on the EUR/USD and short on the USD/CAD, long AUD/USD. i was in 1 hour before the rate cut, that sure helped!

have taken profits now.

watching the AUD.....

also the USD/CAD is looking good a new uptrend may be in the works, the rate cut simply retraced it so far, I will be watching to see how far the US$ gets knocked down.

Superb trading Joe, good on you - exploiting the volatility to your advantage is the way to go. And boy, on the FX market at the moment, it's a field of gold (provided you get it right).

Cheers mate

 

[>Apocalypto<]

Re: AUD is a short

Superb trading Joe, good on you - exploiting the volatility to your advantage is the way to go. And boy, on the FX market at the moment, it's a field of gold (provided you get it right).

Cheers mate

Hi Reece how have u been?

don't worry I screwed a couple up today as well but the loses where only minor.

I also posted a recognition to u in MBL, u sure called it! Well done.

I was looking to hold abit longer on those trades but the rate cut really spiced things up tonight, that was a real shock.

I still think that will only slow things down, not fix anything.

The US$ looks good to me ATM I am watching the USD/CAD could be a nice one there if this weakness only proves to be a retracment.

take it easy Reece,

good trading to you........

 

[reece55]

Re: AUD is a short

Hi Reece how have u been?

don't worry I screwed a couple up today as well but the loses where only minor.

I also posted a recognition to u in MBL, u sure called it! Well done.

I was looking to hold abit longer on those trades but the rate cut really spiced things up tonight, that was a real shock.

I still think that will only slow things down, not fix anything.

The US$ looks good to me ATM I am watching the USD/CAD could be a nice one there if this weakness only proves to be a retracment.

take it easy Reece,

good trading to you........

Hey mate, I've been run off my feet with work at the moment, the reporting season is always busy for me, so took a break from trading - quite a good decision considering the moves in international markets.....

Yeah, I did reply in the MBL thread - it ain't over yet in my humble opinion....

I'm with you - the discount window is a temporary thing, there has been a fundamental swing in economics at the moment - I am generally looking for a strong USD against most currencies, but the looney looks prime, especially considering the fact most people were counting on parity....

All the best mate, I reckon it might be time for bed.....

 

[Kauri]

Re: AUD is a short

Was waiting for a W2 to find a good point to take a long trade... but it looks like it has run without me...
Cheers
..........Kauri

 

[wiseguy]

Re: AUD is a short

^^ thats a nice head and shoulders pattern forming. hopefully it'll come back to retest the 0.8000 area.

 

[tayser]

Re: AUD is a short

^ EURAUD has another very nice H & S forming too.

 

[Kauri]

Re: AUD is a short

Time for a couple of hours sleep and then up to see if we make it with a W2 this time...
Cheers
.....Kauri

 

[>Apocalypto<]

Re: AUD is a short

Hi Kauri,

Great charts and good on u for the posting.


I am back short on the AUD from about 1 hour ago,

See it making a test of the lows to maybe breaking them.

But this is maybe another range pattern in creating.

Good trading

 

[Kauri]

Re: AUD is a short

Still have a medium term bearish outlook... on dailys... but on the 60Min am half expecting a small bullish correction first..
Cheers
...Kauri

 

[Kauri]

Re: AUD is a short

Well we got the small correction, a lot quicker than I expected.. now to see if a tradable swing presents..
Cheers
...Kauri

 

[Kauri]

Re: AUD is a short

Well we got the small correction, a lot quicker than I expected.. now to see if a tradable swing presents..
Cheers
...Kauri

Is moving along well... so far
Cheers
...Kauri

 

[Kauri]

Re: AUD is a short

Is in the typical area for a minor W3... will be interesting to see if it goes on in a 5 wave or an ABC...
Cheers
...Kauri

 

[Kauri]

Re: AUD is a short

For anyone interested in Harmonics the Skippy is,.. according to my count .., setting up for a butterfly... Have finally worked out how to project them in DT... now for the Gartley...
Cheers
.....Kauri

 

[tayser]

Re: AUD is a short

Anyone still short on the AUD???

 

[jovan]

Re: AUD is a short

No, but I think now is time to short it.

 

[>Apocalypto<]

Re: AUD is a short

No, but I think now is time to short it.

why would u short it and on what time frame?

 

[Kauri]

Re: AUD is a short

Keeping on eye on the Skippy, if for no other reason than the 89 horizontal area has proved quite strong recently..
Cheers
..........Kauri

 

[Kauri]

Re: AUD is a short

The name of this thread is a bit misleading... any chance of someone changing it to just AUD??
Have got a very tight stop on the skippy, notwithstanding the figures due out soon, if my count is correct and a W5 completes I would expect an intermediate W2 to head for the S/R line around .89.. now must leave it to its own devices and trust to my stops and take the wife for a cataract op... irate:
Cheers
.........Kauri