AUDJPY plus EURAUD plus AUDUSD -- (carry plus intraday)
Page 1 of 735 123 ... LastLast
Results 1 to 10 of 341

Thread: AUDJPY plus EURAUD plus AUDUSD -- (carry plus intraday)

  1. #1
    This thread is for my favorite carry pairs (liquid pairs not exotics).

    -When yen based risk is on, I look for carry trades through the Aussie/Yen (long)
    -When dollar based risk is off, I look for carry trades through the Euro/Aussie (brief)
    -When dollar based risk is on, I look for carry trades through the Aussie/Dollar (long)


    1)This thread is not limited to carry setups only. Please post any setups you see, short or long, on any one of these 3 pairs. Also, not limited to medium term or long-term trading. Day trading and scalping analysis and/or commerce calls are fine.

    2) Many of my intraday transactions are accepted on AUDJPY

    3) I enjoy AUDJPY the most since it appears to have the most consistent price action characteristics.


    Rules

    1) anything goes on the weekend

    two) during week only charts and related information/news

    3) dont be a jackass


    I look forward to seeing what you all think of.


    May 17 2013

    At this time I'm most focused on the way June will play out in AUDJPY. I'm preparing for a big short. When yen pairs finally reunite, AUDJPY will likely find the most retrace (since Aussie is overvalued). Afterward this upward move will finally have some efficacy and when we want to break the highs (because of yen inflation, even despite aussie inflation) of 107.50 or so, it is going to be much easier to do after a 1000 or so pip retrace...


    here's a speculative chart for AUDJPY.





  2. #2
    Quote Originally Posted by ;
    hi, interesting thread. Well can you define the time zone? So it is going to allow me to understand which intraday you're trading in.
    London and U.S. session. I typically start my day after London lunch, but sometimes will be on for London open


    Not precisely certain how much I'll be posting, but I suppose a reasonable amount, though I'm glued to the charts, I'm scalping longer moves today and just taking 3-5 trades a day over about 8-10 hours.


    Feel free to post charts on audjpy, euraud, audusd

  3. #3
    Quote Originally Posted by ;
    I was thinking of starting and AJ thread, fine. image
    Yeah there is an AJ thread already but no posts since middle of April


    I enjoy your chart, seems more inclined than my situation of breaking to around 103.50/ /104.00 and falling back quite hard.

  4. #4
    Hi, interesting thread. Well can you define the time zone in GMT? So it is going to help me to understand which intraday you're trading in.

  5. #5
    Quote Originally Posted by ;
    quote London and U.S. session. I typically begin my day following London lunch, but sometimes will be on for London open Not exactly sure how much I'll be posting, but I assume a reasonable amount, even though I am glued to the charts, I am scalping longer moves now and just taking 3-5 trades every day over roughly 8-10 hours. Feel free to find charts on audjpy, euraud, audusd
    okay good. Well here is my chart. I uploaded in another thread. It's not filled with fibs and marks only revealed exactly what I believe of AU following week. I am still bearish and think that it goes below .97 to next powerful support around .95x I've longed at .974 and currently couple of pips red, I am targeting .977 to exit from current long as I am not sure about following moves and missed my 1st tp of .98. Another intensive sell off may burn my cash. I burned some on NU and AU last week.

  6. #6
    Wonderful chart Namitak. I am looking long for following week. If it wants to go down, it probably won't happen until June


    edit: sorry I thought that was an AJ chart. Both should be good for longs following week though. Aussie need to see some consolidation and then a relief rally (which I will brief)

  7. #7
    only a few weekend material... working on scalping m15...

    also gives you a glance into the 3 intraday parameters/egies I utilize

    actually, keep it simple, stupid. I used to have unbelievable complied parameters and cash management, as well as too many of them, and it only made me freeze up in the period of activity, since I didnt know which one to use (back in autumn 2012)


    I have finally settled (I think. .) On good colors because of my charts... frankly this only fits my attention and I can see price action so apparent


    here's really a test of 8 hours value of trading in 5x real time speed using just the m15 chart for advice

    it took a little under 2 hours of actual time to get this done, and had been trading my normal installments... to near perfection I might add.




    Only using a chart, the m15. Unbelievable what simplicity could do for you. And patience



    to have the ability to yield 9% in 8 hours using a maximum possible drawdown of 1.5 percent (roughly 4.5% on the day with 3 successive losses)


    I strongly recommend practice trading using the backtester, in a higher rate than normal. why? To find out PATIENCE. You are most likely right more frequently than you think but dont give yourself time to allow it to perform.

    Also its a fantastic confidence builder for carrying a egy live should you just happen to believe something might work but dont need to forward evaluation it (real time) to find out


    I dont really care about the moving averages and bollinger bands, they are only an easy visual reference and confluence for divergences in price action in momentum (which I really define as liquidity drying up. . Even if no strong vendors emerge, if any sellers at all, lack of buyers cause price to fall)

  8. #8
    Aud jpy my my bread and butter. Subscribed.

    I dont think AUD will recover quick

    http://www.smh.com.au/business/dolla...517-2js3r.html

    could find down it to 70c, and of course stock market around new high.

    It's likely banks which need high aud because their debt likely in USD. But then proprty bubble wil burst, so that they must give their greedines.

    Next week playing aud from short side

    possible goal for current drop = 90 in 3 weeks.

  9. #9
    EDURAUD will continue higher. Low has not been stamped.

    Today you understand my view

  10. #10
    Sorry, forgot JPY.

    Usjy will last higher. Buying next week.

    aujy - duno. Break of 100 did not hold. It is also my favourite pair.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.