Aud/usd

[ilearn2t]

Hello Everyone

End of FXOpen trading week summary:

The AUD/USD "Daily" Close 1.0717 High 1.0797 Low 1.0688

"Weekly" Open 1.0687 High 1.0797 Low 1.0628 Close 1.0717

With 3 out of 5 days closing on the upside the AUD/USD gained 37 pips. (Avg 7.4 pips a day)

Next weeks "One to watch":

Tues 21/Feb 12:30am (AUD:- Monetary Policy Meeting Minutes)
Tues 21/Feb 2:30am (AUD:- RBA Gov Stevens Speaks)
Wed 22/Feb 3:00pm (US:- Existing Home Sales)
Thurs 23/Feb 1:30pm (US:- Unemployment Claims)
Thurs 23/Feb 10:30pm (AUD:- RBA Gov Stevens Speaks)
Fri 24/Feb 3:00pm (US:- New Home Sales)

To all members and guests have a peaceful weekend.
ilearn2t

[RahmanSL]

Hi Liz,

I have set shorts on the AUD/USD & EUR/USD pairs on the up and they have mostly been triggered and also some of the TP too. All in all, last week was profitable even though I couldn't get much time to trade.

What are your thoughts for the two pairs next week??

Thank you and all the best.

[ilearn2t]

Hello RahmanSL

Going by the "Daily" chart I still favor the downside, nearly every day the AUD/USD tried to make the drop, but only by the upward momentum brought about by the euro saga time after time it didn't get a chance. I think the upward momentum "greek" vote is drying up and traders will remember why the EUR/USD is falling in the first place, and in turn bring the AUD/USD down with it.

Enjoy your weekend
Liz - ilearn2t

[RahmanSL]

Yes agreed as I too favor the bearish side, and why I dare to fearlessly enter short positions whenever that pair move upwards.
My main reason to be bearish is because I believe even though the Aussie's economy is still very much better than the USA, the Aussie do not like their currency to be too strong and will intervene if it appreciate too much against the USD.

Anywhere, the AUD/USD is not that far from their all time high of 1.1010 and so there isn't very much room for any significant spike.

[ilearn2t]

Hello Everyone



After day one of trading the AUD/USD remains close to the "blue" trend line. As the "Daily" chart shows.



I'll now decided to place my first "Signal" but this signal is only based on pass data and what any member or guest choose to do with it, is solely their own decision and or responsibility, it should not be considered as financial advice, and therefore no-one is to blame if any financial losses are incurred.

This "signal" is being placed only as part of my new contest.

Rules are simple: The next 10 (ten) members who reply below to this post before this SellStop "signal" is triggered/open will receive an equal share of the prize fund for $2 placed in their "FXO Bonus" account by myself. Thats at least $0.20 each. if the signal fails

If the signal is not triggered by close of trading today 23:59 FXOpen time. The "signal" will be declaired void and the first 10 posters will receive their share of the pot.

So if only one member posts below before the said mentioned above, it don't matter if the post is related to this message or not he/she will win the full amount $2, two different members $1 each and so on up to (and including) the tenth different poster.

SellStop = 1.0660
StopLoss = 1.0710
TakeProfit = 1.0630

If the "signal" is a winner a new contest will begin on placing my next "signal".

Current price 1.0723

Trade safe.

[yuventius bhasyudewo se]

bullish trend still in progress for Aussie and now follow green trend line direction, and 1.0702 and 1.0816 became strong barrier level that determine if pair successfully break one of these it became bullish continuing if break higher barrier and bearish starting if break lower barrier so sell stop below lower barrier

[ilearn2t]

Hello yuventius bhasyudewo se

Congratulations you have just received $2 into your "FXO Bonus" for being the sole poster in my "new" signals contest. the SellStop order triggered (executed) a few minutes ago, the rules stated that, if the order closed in a win the prize would be void and added to the next signal's prize pot, but as this is the first contest and the order is still open, I've decided to reward you the prize regardless.

Current price 1.6700


Good luck
ilearn2t

[ilearn2t]

Hello Everyone

1 hour into todays trading and setting close to 1.0673 the AUD/USD nosedived over the next couple of hours to 1.0627. Current price 1.0649

Maybe some chinks in the armour of the strong Aussie dollar as Opposition Leader Tony Abbott said the current instability is damaging Australia. "Faceless men" running Labour Party. His comments coming after resignation of Foreign Minister Kevin Rudd.

Mr Rudd resignation came amid widespread reports of a leadership tussle between him and Prime Minister Julia Gillard.


Final result 1st "Signal": Win
SellStop = 1.0660
StopLoss = 1.0710
TakeProfit = 1.0630

2012.02.21 12:18 audusd 1.0660 1.0710 1.0630 2012.02.22 03:16 1.0630 -1.44 30.00

Good luck
ilearn2t

[ilearn2t]

Hello Everyone

New "signal" added.

2012.02.22 16:03:54

SellLimit = 1.0676
StopLoss = 1.0726
TakeProfit = 1.0646

Same rules as above $2 split between first 10 posters, if order fails or not triggered by 8:00am tomorrow morning UK market open time.

Current price 1.0637

This signal is only based on pass data and what any member or guest choose to do with it, is solely their own decision and or responsibility, it should not be considered as financial advice, and therefore no-one is to blame if any financial losses are incurred.

Good luck
ilearn2t

[ilearn2t]

Hello Everyone

The AUD/USD rebounded from a "Low" 1.0597 to 1.0715 before its current price 1.0696.

The "signal" opened at 8:10am just 10 minutes after my time limit but with no posters on this thread after the signal was placed last night, the $2 will rollover to the next signal.

Happy trading.
ilearn2t

[ilearn2t]

Hello Everyone

Last nights "Signal" became a loser.

But as no-one entered the 2nd contest, the next prize will be for $3.

Sadly no "Signal" for tomorrow. But the next 10 different members posting below will qualify for an equal share of the prize if the next signal fails.

Recap on rules: You only have to reply below in this thread, it don't have to be in connection with this contest.

Good luck
ilearn2t

[ilearn2t]

Hello Everyone



The AUD/USD sits close to its comfort zone of 1.0700.

Ones to watch:

Mon 27/Feb US Pending Home Sales m/m 3:00pm.
Tues 28/Feb US Core Durable Goods Orders m/m 1:30pm.
Tues 28/Feb US CB Consumer Confidence 3:00pm.
Wed 29/Feb AU Retail Sales m/m 12:30am.
Wed 29/Feb US Prelim GDP q/q 1:30pm.
Wed 29/Feb US Fed Chairman Bernanke Testifies 3:00pm.
Thurs 01/Mar AU Building Approvals m/m 12:30am.
Thurs 01/Mar AU Private Capital Expenditure q/q 12:30am.
Thurs 01/Mar US Unemployment Claims 1:30pm.
Thurs 01/Mar US Fed Chairman Bernanke Testifies 3:00pm.
Thurs 01/Mar US ISM Manufacturing PMI 3:00pm.

Enjoy your weekend
ilearn2t

[Q-Funds]

Subscribing to this thread!

Aside from EU, this is the 2nd pair I am watching.

[ilearn2t]

Hello Q-Funds

Thanks, you also qualify for a change to win a share of my next contest.

Good luck
ilearn2t

[ilearn2t]

Hello Everyone

New "signal" added.


SellStop = 1.0680
StopLoss = 1.0730
TakeProfit = 1.0650

Same rules as above $3 split between first 10 posters, if order fails or not triggered by end of "Daily" trading time 10:00.

Current price 1.0709

This signal is only based on pass data and what any member or guest choose to do with it, is solely their own decision and or responsibility, it should not be considered as financial advice, and therefore no-one is to blame if any financial losses are incurred.

Good luck
ilearn2t