Thread: AUD/USD

Originally Posted by ;

Potential short opportunity between 50% - 61.8 percent (.7810 - 7890 area) Cheers! Happy Holidays! picture

Excellent review.
Thank you

Have a nice day, bye bye bulls! Euraud short squeeze starting.

Originally Posted by ;

quote Great review. Thank you

No worries, price currently at .7781.
Congrats if you'd took up short positions, shield the positions well and let it roll

Originally Posted by ;

entered long position from 0.77 stop 0.76 target 0.775, 0.80 probably dumb to trade before Christmas

it will probably got to 0.81 soon

Much appreciated mate. I would like to see you prosper in this business.

KP

Originally Posted by ;

quote Thanks KP. I certainly will. I've already place a halt at BE only under 0.7500 if AUD does not find assistance there. In addition, I expect this level to attract buyers. Anyways, in case it goes wrong, I've a stop at BE. Thanks buddy. Continue the Fantastic work

It inside consolidation area (D chart). May cease anytime. watching 30MIN chart. Still going down. So short-term nevertheless bear.

Originally Posted by ;

AUD is being hammered and hammered like there is no live in this currency. I'm still long, but shut a few places in profit as the pair dives in free fall. I expect this pair to reunite inside the ascending weekly and monthly channel and keep toward 0.82xx. However, in case it breaks the 0.7500 degree I'll need to close ahead of my BE turns to negative.

0.750 is also broken. From today on SL searching or enormous buy orders will get triggered. Or most likely both...

My BE is just around the corner.

Originally Posted by ;

quote 0.750 is busted. From today on SL searching or massive buy orders will get triggered. My BE is just around the corner.

Its way too early to affirm, but it may seem like a few buyers were drawn. We'll see. I am long.

I am long and I've added more longs. My TP levels were corrected by me.

TP1 0.7602
TP2 0.7641
TP3 0.7680

My BE remains in tact for another 50 pips down.

Not an advice. My trading program.

The Aussie fundamentals are poor. Actually is among the very best at the moment (no matter what is actually happening in the market) and should be the first to respond (also NZD) to any indiion of USD flaws)

Thus, all attention turned into AUD and NZD being the currency winners really soon. Maybe we'll see a repetition of what occurred in December. Straight to the top with no correction. I just believe in a much smaller correction now (50%-61.80%) and then Dollar king back in control.