Hi Davit, i am also thinking the same. China and Japan are the 2 major trading partners (combined around 50% of total australian exports). it is just matter of time when the troubles these 2 countries are having will affect their major partners or ...

AUDUSD Trading Pit

well, Geppy, i do not know what your targets are but if you are right with the direction, first one on the way is 8163 and then 8642 (at that point it is reversal of major trend) before fomc yesterday au was at the brink of breakout to downside, ...

AUDUSD Trading Pit

losing is inevitable part of trading, what important is how small our losers are compared to winners. absolutely agree with the discipline part, it is what most traders neglect. discipline is crucial ingredient of successful trading no matter how ...

Just Another A/U Thread...

gotcha PAK, soon some news coming up, lets see what is next.

Just Another A/U Thread...

not really 4+ years, dab. first year opened an account with no knowledge, blew it and started reading, joined ff, second year started trading more active. actually my experience is about 2-3 yrs active trading and this is really nothing. i consider ...

Just Another A/U Thread...

well, i was pretty sure that big drop call was about me since i do follow all au threads, there are not many posts any have not come across resently anybody targeting 71. maybe mistaken. the other thing i wanted to know if you stand behind and ...

Just Another A/U Thread...

you are talking about me, because i am the only person who is talking about "Big Drop" only other person who says openly short is a real gentlemen - dab, trader with balls to disclose what his trades are and where his open positions stand. you ...

Just Another A/U Thread...

let's see how market will react to aussie data this evening. basically, it is pretty much over for bear if current daily breaks and closes above 7593

AUDUSD Trading Pit

what is the source please?

How banks push price against you?

this is still valid. pressure is downside. i am thinking of going long around 1095 if we reach there

The Swamp

price action alone indeed favoring bear. if there was no fomc today i would add more to au short with sl at 7490 and re-entry 7527. 7380 is the 1st and most obvious target under current circumstances. i rarely use fibs or mas but here we go. we have ...

AUDUSD Trading Pit

yes, we had a nice retracement. we may find out today if this was a retracement or reversal after fomc. downward pressure is strong. however it looks incomplete without 7527. also short aj and audcad from current levels. we have us data coming in a ...

AUDUSD Trading Pit

we have 2 more weeks and if month closes above 7400, this could be a sign of reversal. something to be kept in mind.

AUDUSD Trading Pit

have to agree with you, no lower low in my chart too, we did get a nice retracement, also feeling some bull weakness but i speculate bull is not done yet. will see how 7550 will react if goes up. i took a long hedge at 7454 to protect the profit ...

AUDUSD Trading Pit

bear is making baby steps and it is likely that we will have 2 conseq bearish candles after a long time. IF we reached the top, THEN this could be a possible scenario. just using imagination, no reason.

AUDUSD Trading Pit

hi dab, i think you have been doing excellent job with managing the trades. not everybody can survive such unexpected moves we had with very little retracement. unfortunately i am not feeling too well lately and can't post too much. i am also short ...

AUDUSD Trading Pit

agree with both dab and cold chisel. trading has a lot to the with philosophy as well as fundamentals and technicals. information/data is the essence of the universe. strings (quantum physics) are the data. everything even nothing is made of data. ...

AUDUSD Trading Pit

i see only 2 levels worth looking at - 1.1057 and 1.1376 smaller tfs will eventually give us more s/r in near future but now only level to watch - 1.1218.

The Swamp

this is an excellent post RA and i am obliged to thank you for the information!

AUDUSD Trading Pit

congrats with the first and brand new thread

The Swamp