I too am looking at shorting eur/aud at these levels too...It's in a parabolic move so I want to see some divergence or sometime to tell me we have a distribution or some kind of a pattern to stop the parabolic move up. But up here at 1.43 and above ...

AUD/USD

Only time will tell. My friend works high up in intel and is over in china all the time, he clued me in on how to get the total picture of in and out for shipping of china. The baltic index is okay but it is not the true in and out of china ...

AUD/USD

I use weekly and monthly data...you can see it on a chart especially if you use line charts...but I wrote computer programs to go in sql databases I have and give me the area were price was rejected from...this is one of those area were it has been ...

AUD/USD

I am sure it will be...the 30 year support area is 92-90...so I am sure you will have a test of that area....

AUD/USD

For me I am going long until I see info that changes that picture to the short side. As far as were I would take profits, that is subjective. Market conditions are what drives that decision. Near 1...98 area you haft to look at it because first go ...

AUD/USD

So is the slow down still going on or is that something in the passed? Are the numbers going up or down? I bet you look at the numbers that come out...and you will find they are going up...just like someone in here pointed out the US job ...

AUD/USD

I understand all that...so what you are saying are the AUD T-Notes are going to spike...that is what will cause the AUD to head south? I do not think that will do it...not enough...at best you could hope for sideways.... You are correct about copper ...

AUD/USD

All of your China / FOMC / Commodity prices have been priced in... Your commodity get priced in that day...if you haven't noticed most of your commodity haft either stop going down and going sideways or they are starting an uptrend...except for ...

AUD/USD

You do know the move here on aud from up above 1 to here is the fomc talking about they might slow down tapering...you hear it from ben yesterday the full story were he start talking about it last month....taper will not start to end until sometime ...

AUD/USD

My money is on the long side...for aud... too much risk for it to keep going down....too many are short.... smart money will be long...that is why the big companies are building longs down here... their is a reason why... I learned to never go ...

AUD/USD

Below 1 maybe above 1...when it hits 98 then I am looking to for reasons to exit...

AUD/USD

Yes but 80 is a long away from here...so that is not in the realm of possibilities... This is the area for a bottom...

AUD/USD

look at a 30 year chart...from when it was let go...to now... you will see a horizontal zone right below this area were price finds a turn...as it comes into this area it gets hard to keep going...same as if it is coming up to the area right under ...

AUD/USD

I am very happy to get long down here! You have 30 year support area right under here... Super place to start building longs!

AUD/USD

Yep I am looking to build up a 30 lot position and I have started here at 9275 for 2 lots and will buy it down.

Aussie Trading Room and Cartoons Gallery

I swing trade. This is a swing low here...news is being used for taking out stops.... If this was a continue of the swing we would have had this move at lows/highs... not a come back to the area of the last lows or highs... This is just "RE TEST" ...

Aussie Trading Room and Cartoons Gallery

for me it's time to start building long positions...Everyone is scared, fear and everyone wants to go one way....short...for me this is the safest time to get in!!!!

Aussie Trading Room and Cartoons Gallery

I am long the aud... I also make tons of money when everyone is scared...that is the best time to take positions!

AUD/USD

Kind of risky right now...since he is still talking...to be trying to catch the falling knife

Price is everything

Ben is talking...so It could go anywhere!

Price is everything