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AUDUSD Discuss market action in the Australian Dollar versus the US Dollar

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Old 11-06-2009, 08:28 AM
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NFP Trading Plan

If AUDUSD...

a) Crashes through the stop, sit on hands for cue on next direction.

b) Hits stop and stalls, look to re enter on signs of strength.

c) Rallies, then falls, keep stop at breakeven

d) Rallies, and holds, move stop to .9100 (~+100 pips)
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Old 11-10-2009, 12:04 PM
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Stop moved to .9142

Current support areas: .9260, .9200
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Old 11-11-2009, 05:02 PM
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AUD/USD pushing up against resistance. Are you thinking a breakout above the 93 level?
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Old 11-11-2009, 05:48 PM
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That would be ideal.

I'm carefully trailing my stop.

Moved it today to .9162
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Old 11-16-2009, 08:17 AM
 

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Default Go AUD

Im long AUDUSD from 9160. Hoping to see the Aussie explode up to .94 or .95 very soon.

Any feedback? Opinions?
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Old 11-16-2009, 11:15 AM
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Looks like you may see .94 today...

I'm targeting just shy of .98

Stop's currently at .92, but I'm seriously contemplating moving it just below the recent short term support @ .9250
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Old 11-16-2009, 11:30 AM
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Quote:
Originally Posted by lijiang7 View Post
Im long AUDUSD from 9160. Hoping to see the Aussie explode up to .94 or .95 very soon.

Any feedback? Opinions?
Agree with Zeke on this one, .94 is just a matter of time. The stock market is helping to push AUD/USD higher along with commodities going higher. Gold up $17 today.

Bernanke's speech at 12:15 should be important.
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Old 11-16-2009, 02:31 PM
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Quote:
Originally Posted by Jason Rogers View Post
Agree with Zeke on this one, .94 is just a matter of time. The stock market is helping to push AUD/USD higher along with commodities going higher. Gold up $17 today.

Bernanke's speech at 12:15 should be important.
Quite a move during the Bernanke speech. The market did a good job of knocking out the late comers with tight stops to the AUD/USD long position. Market looks primed to move higher.
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