Good luck all today I have a Short AUD/USD 0550 open that was initiated per my last post. Looking for 1.0530 or 20 we will see how volume comes through. Keep an eye on Dollar Index it does not look like it will break 82 at least not today.

AUD/USD

Dollar looks to be oversold (hourly) at these levels but I will wait for the flood of orders to come through on NY to see if a move lower to 0530 is possible again. Otherwise I have sell limits sitting at 0580 and ST at 0550 S/L 1.0620 If we Break ...

AUD/USD

Agreed. I am waiting for NY to Bid the first hour or two to get in at a better level for a short.

AUD/USD

Stopped out at BE this move has legs I will have to look for entry at higher levels I I expect not to get chopped up like this.

AUD/USD

Moving my Stop now to BE as we are now facing some demand at the 0535 level and if we break higher into NY It wont stop at 1.0550. I will let this trade sit until an hour before NY open for review or closure otherwise I am off to scout some Weekly ...

AUD/USD

Looking at the chart AUD/USD setting my stop loss at BE 1.0550 is really not a smart move I face the risk of choppy moves with no direction. We are trading between 50D Simple 200D simple. SL: reset back to 1.0570 image

AUD/USD

Short 1.0550 Stop at the opening SL: 1.0567. We could reach the lower channel of 1.0541 and go from there. I will move my Stop to BE once we hit the lower channel. Target:1.0530

AUD/USD

Trader Tan, here was the chart I posted last week Friday before the NY open and post RBA statement after we sold off on a 1H 30D we were oversold. the price below shows 1.0522 before US gunned for 1400 again and AUD followed suit. image

AUD/USD

If we break 1.0550 I will go short. At least we will see a retest to 1.0540 and I can set in a BE stop loss for NY open.

AUD/USD

Good morning all, I was stopped out Friday after that pop. Looking at the RSI now it was oversold and I made a big error of breaking my rule of not following all the entry parameters like buy when RSI is way oversold like Friday's chart shows. I am ...

AUD/USD

Good morning all. I promised not to trade until the open of next week but (/6A) AUD/USD has a wonderful short setup that occurred overnight not to mention the continued backing of easing growth in China we now have a new element. RBA- Talking down ...

AUD/USD

Dollar new Weekly high is putting pressure on /ES /CL and /AU. If we can close at the current levels (82.76) image 83 can very well be in the sights by Friday. Better Trade number statistically better on GDP could put a damper on the QE talk for ...

AUD/USD

Post cut off I see. Just wanted to say hello to everyone again as I took a break for a couple weeks because last month was not my best performance. I look forward to getting back in starting next Sunday and again thank you to those who have PM'ed me ...

AUD/USD

I know the AUD is its own beast defying the simplest logic and the straight shot up has been in lockstep with ES. The dollar reading has been low for forecasting AUD longer term and I can only base intraday moves at the moment for AUD/USD as the ...

AUD/USD

EXN live looks like its down and I am glad at least I have a stop loss is place while we are down but am not too happy right now with this down time.

MB Trading Futures - Introduction

Hey everyone, I am out for a couple weeks I need to take a break as I am not happy with my trading these last three weeks. I watch the dollar fall now today when I should of been in this trade from last week and I have also been on the wrong side of ...

AUD/USD

5percent. Great points I was watching /DX trade to the gap level from Friday and AUD/USD was still at 1.0280 it was beyond moronic for me to not close out now and wait for a pop on US open to get in at better prices. This month has not been my best ...

AUD/USD

Out of the Gold/Silver shorts. This so far has been the worst month I have ever had down 57K this month at the moment. I think I need to take a break coming up after this AUD short for the next week or two as I am too intensified on this upcoming ...

AUD/USD

Obviously if I get stopped out of my shorts here (1.0315) I will not look at this pair for a short until we reach 1.0330-20 Level for a possible H&S forming image

AUD/USD