AUDUSD

Descending Triangle has broken through the support line at 02-Aug-23:00 2017 GMT-2.
 Possible bearish price movement forecast for the next 23 hours towards 0.7892.

It looks like the pair has rebounded from 0.7835. There could be a new move up to 0.7930.

I'm already long on AUDUSD. Looking to hold for at least a month

We totally have different approaches to this but I think I will stick with my trade pattern and indicator ... thanks

Gold did not follow up with eur-usd breakup. May Aussie wait for RBA rate news run?

Any more analysis from paidsignal?

i am a trader, i am trading with master invest of Teletrade. I have gained approximate 80% over the year. Terminal of Teletrade has a stable running as well not be requotes every single time that i putted an order when i copied any transaction from Synctrading. Good Trading !

The longterm range this pair is stuck it makes it almost impossible to trade unless one is opening very shortterm positions.

I like the low volatility. Good time to scalp

I am not very good at scalping, so the new move north was very helpful. I was tired of being bogged down in the range.

Price movement is still a bit messy for me. Not sure if there is a reversal coming

I think the overall rally may be over. I shorted, TP is at 0.7900.

It is true GBP/JPY is high spread trading pair . but I like to trade this currency pair because my trading strategy gives me 80% profit by using this pair. But I feel fear to trade in gold. it is so much risk and volatile. EUR/USD trading pair is lucky pair in Fx for mostly traders especially for the newbie.

Mohammadi posted:
It is true GBP/JPY is high spread trading pair . but I like to trade this currency pair because my trading strategy gives me 80% profit by using this pair. But I feel fear to trade in gold. it is so much risk and volatile. EUR/USD trading pair is lucky pair in Fx for mostly traders especially for the newbie.

What about AUD/USD, Mohammadi? Do you like trading it?

Any thoughts on long long term AUDUSD? e.g. 3 years time? I think it could be a nice long position

Matas21 posted:
Any thoughts on long long term AUDUSD? e.g. 3 years time? I think it could be a nice long position

3 years time??? that is a long timeee

Matas21 posted:
Any thoughts on long long term AUDUSD? e.g. 3 years time? I think it could be a nice long position

3 years time was a longgg timeeee

Three years is a very long time, even for a long term analysis. I think that at best there will be a drop to 0.7000.

Matas21 posted:
Any thoughts on long long term AUDUSD? e.g. 3 years time? I think it could be a nice long position

Lol, I consider 3 days long in terms of FX, 3 years?!!?! You gotta be trolling! :D