Thread: Aussie Pairs

Use this thread to discuss Australian Dollar vs US Dollar along with other pairs.

Btw, the reason we have the width restriction about the pics is so that the forum doesn't become overly wide where you have to scroll side to side to read it. You'll have to first bring your pics. sorry!

Ok, here we have a dbhlc, shut just beneath the weekly 50 fib (blue), but prices are now back into a trading range between .7569 and .7537. I should have gone short on the hourly where the very first dbhlc showed, and would have made some fine pips, but unfortunately I had been in a meeting.

Anywat here are the charts.

Originally Posted by ;

Ok, here we have a dbhlc, close only beneath the weekly 50 fib (blue), but prices are now back into a trading range between .7569 and .7537. I must have gone short on the hourly rate where the very first dbhlc showed, and might have left some fine pips, but unfortunately I had been in a meeting.

Anywat below are the charts.

Very nice. Recall occasionally when the long bar is really long if you input on the close you are in possession of a huge stop due to the amount of the bar. When they are very long and I am convinced in the sign I will input a fib ret of that one bar to reduce risk. jim

Ok Class, Is that a ideal 1hr pin bar I see? Anyone? Anyone? Bueller?

Originally Posted by ;

Ok Class, Is that a perfect 1hr trap pub I see? Anyone? Anyone? Bueller?

Good trap pub at a fantastic place. Good for twenty five pips or so now and maybe a continuation of the uptrend. jim

I think AUD/USD rally mainly is brought on by EUR/AUD. Just my view.

Originally Posted by ;

what makes you believe they are linked? I am intrigued!

With no movement there might have been chance for triangular arbitrage

My idea is supported by anybody? Aussie will go lower.

What a fantastic trade I have missed, did anyone ch it? Nice pin candle with nice divergence in an hourly chart.