Forum > View Topic (Hot-Chart)
by Ashraf Laidi
Posted: May 4, 2010 14:02
Comments: 347
View Hot-Chart
This thread was started in response to the Hot-Chart:

What's Next for Aussie?

 
chloethebull
Canada
Posted Anonymously
14 years ago
Jan 23, 2011 20:48
hey guys, finished up the workshop lots of things where talked about but 1 of the things was tonight ppi out of aussieland which is expected to drop. ashraf thought it was due out later inthe week but noticed its tonight.concensus 0.5 from 1.3 mentioned it might be the catylyst to set the aud up for selling.also mentioned that its usually sets the tone for further dissappointment for cpi figures due out on tues i think.ok gl guys:)
Callum
Singapore, Singapore
Posts: 179
14 years ago
Jan 21, 2011 1:29
I am loving the AUD/SGD... Calling 1.25 .... any one else?

Even the monthly chart starting to look like a good set-up besides the daily / weekly. Daily looks classic techno trade.
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Jan 20, 2011 23:56
strong vs strong?? lol shouldnt it be weak vs strong? i wonder who is the biggest loser last night ??lol
chloethebull
Canada
Posted Anonymously
14 years ago
Jan 20, 2011 23:22
ya i missed out on adding audusd instead i went with the strong vs strong:((usdcad)..deffin shoulda piked aud$-eur$ each droped 20pips since rebounding off 9880--13485resistance..cad only up 8-9pips lol:(...ok gettn on my plane ttys in jollie england:)
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Jan 20, 2011 23:15
will close abit at around 0.98 ish level, could be a strong resistance
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Jan 20, 2011 23:15
prepare to add more when it approaches to 0.99 level
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Jan 20, 2011 23:14
hmmmmmmmmmm, the aussie short is lookig quite okay
chloethebull
Canada
Posted Anonymously
14 years ago
Jan 20, 2011 19:16
need the 9880 resistance in audusd to hold just added a long position in usdcad 9970:) pay daddy day:)
Lawrence
Tennessee, United States
Posts: 14
14 years ago
Jan 19, 2011 4:35
Chloe, I read that you don't use stops, but use overbought/oversold as a "natural" stop. I use a similar technique, but hedge with one or more highly correlated pair. I'm always long AUDUSD to pick up the interest, but hedge with USDCHF (very small interest cost) and a few other highly correlated pairs. Given current interest rate differentials and my personal risk tolerance, the annual interest gain approaches 50%. There are times when I get nervous, but it seems to work with no stops. Any experienced traders think I am foolish?
sydneyjames
Sydney, Australia
Posts: 348
14 years ago
Jan 18, 2011 11:59
short aussie at 1.0000