Do you mind my asking what timeframe you like to trade? As recently as 11th April you said you were short and talking about loading up as price approached 1.06. Then you talk about trading with the trend (quoted above) and in same sentence are ...

AUD/USD

Does that mean that with the lows of September 2011 we should also see the May & July 2011 highs taken out? If so when? I think there might be a bit more at work. Don't get me wrong I'm more than happy for price to break 1.06, the higher it goes the ...

AUD/USD

I'm assuming you are saying that the close above descending trendline is bullish indicator. Food for thought, if only the close matters why draw the trendline from the peaks (ie non closing points)? I see a chart where price has ranged for about 9 ...

AUD/USD

I think you and Aeternum both have valid points. Apologies also that I'm a bit late on adding my two bobs worth. Fibs from daily chart from 1.06 to 1.0115 suggest 23% retracement point is around 1.023 and 38% around 1.03 so would need to be very ...

AUD/USD - is it still risk adverse?

What makes the markets move? Many things including the desire for profit, hence even when fundamentals suggest move should be one way we can see it moving the other through manipulation or money chasing the most profitable trades. Will AUDUSD break ...

AUD/USD - is it still risk adverse?

Hi GnarlyPips, have you already entered long? If yes, at what level? Personally I'm short at present with first target 1.02. For me it's still making lower lowers so be careful. There is obvious support at 1.0250 so a long is certainly not out of ...

AUD/USD

Thanks, i'll be more than happy if E/A gets anywhere near 1.40 as it would be very likely A/U will also reach my 1.02 target. Good luck!

AUD/USD

Curious what your breakout target / expectations are?

AUD/USD

Interesting to see two traders I respect, Sidhujag & 100PipsADay, with very different views in the last week. Sidhujag took a long with very good risk reward profile at 1.0347, hoping for around 1.08. 100PipsADay has targets around 98c. I'm trying ...

AUD/USD

Given fiscal cliff seems to be impacting price a bit more at present I'm interested in people's views on below article, especially as several of the dates have already passed. url

AUD/USD

Heads up, release not on FF calendar that may be of interest is RBA release of Foreign Exchange Transactions for November in about 20 minutes. Will the release show more evidence of RBA selling AUD to control the previously rising AUD against USD? ...

AUD/USD

I suspect the surplus is more about gaining politicial points (votes) than sound financial management. Will be interesting to see which they put first.

AUD/USD

I thought he also targeted the government & opposition as being shortsighted, not just having a swipe at unions. Anyway my point in sharing the link was more about some of the problems facing Australia. I'm not a big fan of unions personally, but I ...

AUD/USD

Thought this is worth a read for Australia's longer term prospects: url

AUD/USD

Nice chart & points but given that price hasn't been there for 9 months and current RBA stance I wouldn't hold my breath waiting for it to get back up there. I'm more than happy having some shorts for long term and other longs & shorts for trading ...

AUD/USD

I've found money management the easiest, still to perfect or significantly improve my system and to some degree managing my emotions. I believe improving my system is in part due to adapting to different condtions (trending vs ranging market)

AUD/USD

I would have thought a top notch analyst would need to factor in the time component to be top notch. Time component would be about understanding cause & effect and when it will effect. If it can be reasonably assumed to be instant effect than ...

AUD/USD