AUDUSD Trading Pit
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Thread: AUDUSD Trading Pit

  1. #1
    1 Attachment(s) This thread is open for AUDUSD related interactive commerce talks.
    No particular rules; only mutual tolerance and respect among members requested.
    Braggers are welcome under one condition: Please have the courtesy of posting a chart together with open/closed positions.
    Let us exchange our favorite pair and have fun.
    Happy pipping


    https://www.nigeriaforextrading.com/...l-traders.html

  2. #2
    Quote Originally Posted by ;
    quote You do not know if its pull back or correction.What starts as pull back turned into complete fledg swing and trend reversal. Check out UC to get an idea. Look it doesn't matter if you agree or disagree I have 8positions shorting this should not matter to you personally.
    Great fortune. I am kiwi

  3. #3
    I'm shorting this pair cos' fundamentally, data is weak for OZ.

  4. #4
    2 Attachment(s)
    Quote Originally Posted by ;
    I'm shorting this pair cos' fundamentally, info is feeble for OZ.
    I'm also brief with this pair. Had a few shorts from last week and additional more this week.
    First goal is 7050.
    More market orders above 7220 up to 7300
    https://www.nigeriaforextrading.com/...g-journal.html
    https://www.nigeriaforextrading.com/...1-markets.html

  5. #5
    There's also something else to see: by what we have seen for the past few months, price has been experiencing pretty speedy retrieval from pull backs, which suggests a strong buying interest. This specific event has to be tracked to find a sense about the intentions of bull.

  6. #6
    Quote Originally Posted by ;
    there is something else to watch: from what we have seen for the last few weeks, price has been experiencing quite speedy recovery from pull backs, which indies a strong buying interest. This particular event has to be monitored to find a feeling about the intentions of bull.
    Not saying it will not pop back , a bit different situation tho, , even considering 4 hour charts. Check out,,aluminum,,, sp,, , the dax,,,, even oil, compare it to the aud you wont have no problem seeing what I mean , would place the charts but they will take up a lot of space

  7. #7
    1 Attachment(s)
    Quote Originally Posted by ;
    quoteNot saying it'll pop back , a bit different scenario tho, , even looking at 4 hour charts. Check out,,, copper,,, sp,, , the dax,,,, even oil, compare it to the aud you wont have no problem seeing what I mean , would post the charts but they will occupy a lot of room
    definitely concur. My guess is also commodity prices are supporting this pair whilst euro and gbp are getting crushed. We're still in completion of leg upward and for much clearer shorting opportunities it needs a few space/time. So not ruling out a return and examine at 726x. However it does not alter my long term short prejudice, at least until 7400.
    https://www.nigeriaforextrading.com/...big-bucks.html

  8. #8
    1 Attachment(s) it's been a slow drop but things should speed up shortly. 7125 may slow down it again
    https://www.nigeriaforextrading.com/...ear-diary.html

  9. #9
    1 Attachment(s) Nice to find a fresh AU thread up n running.
    Targeting 1.7115 using a speed bump at 1.7137.
    Posted earlier on this particular @ https://www.nigeriaforextrading.com/...g-systems.html
    https://www.nigeriaforextrading.com/...ro-1-15-a.html

  10. #10
    Quote Originally Posted by ;
    Nice to find an original AU thread up n running. Targeting 1.7115 using a speed bump at 1.7137. Posted earlier on this @ https://www.nigeriaforextrading.com/...ok-review.html picture
    Hey Basill,
    apparently buyers are not giving up yet and formally we are trading in a leg up on 4H. So it's clear for a few this fall is a retracement plus a buying opportunity. I think only 4h close below 7050 will reveal if we are at a neutral zone, until then bull is slight in management.
    Meanwhile, metals are in a range for a short period of time, lets see how this will influence the pair.

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