Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

TL Staff

Other AUD & NZD Pair Discussions (GBPNZD, EURAUD, AUDCAD Etc.)

Recommended Posts

AUS/USD--->For Aussie:

Last five quarters of Aussie GDP - hovering near 0.6% and 0.5% (which seems to be positive to stable factor for the pair)

Cash rate expected to remain stable....Trade balance may show some signs of improvement wrt to prior couple of months....

 

In 4HR chart also: 0.9133-35 levels must be broken for near term 0.9180-95 regions and in order to achieve the overall target of 0.9250 areas.

Share this post


Link to post
Share on other sites

GBP/AUD

 

Some S&R possible swing trades:

Place GBP/AUD Sell order at 1.8687 Stop @ 1.8787 Close half @ 1.8637, move stop to 1.8687 Close rest @ 1.8587

 

Place GBP/AUD Buy Order at 1.9227 Stop @ 1.9127 Close half @ 1.9277, move stop to 1.9227 Close rest @ 1.9327

 

When one opens, cancel the other.

Share this post


Link to post
Share on other sites
GBP/AUD

 

Some S&R possible swing trades:

Place GBP/AUD Sell order at 1.8687 Stop @ 1.8787 Close half @ 1.8637, move stop to 1.8687 Close rest @ 1.8587

 

Place GBP/AUD Buy Order at 1.9227 Stop @ 1.9127 Close half @ 1.9277, move stop to 1.9227 Close rest @ 1.9327

 

When one opens, cancel the other.

 

This order is cancelled. Have a nice weekend all.

Share this post


Link to post
Share on other sites

As is seen from the chart, Aud/Chf has been moving inside a declining channel. Right now, its at the upper resistance, and at TradeCuts our analyst has marked 0.8365 - 0.8380 as the Entry Zone, with stops at 0.8425 and take profit levels at 0.8320. Initially a risk:reward of 1:1, but on a move of 25 points our trailing stop loss gets activated and price comes to break even.

For detailed information about how we take and manage our trades please write to us and visit us.

Regards,

5aa7122c78915_AUDCHFjuly11.thumb.jpg.e0c655cc52c9da0bb6e6e4e453f6d822.jpg

Share this post


Link to post
Share on other sites

NZDUSD; looks to me like the pair has found some support (and a good place to take profits) at .81223. I believe this small retracement will only last until previous support is met at around .82477. From this level traders will most likely see the price fall dramatically over the next 7-14 days.

Share this post


Link to post
Share on other sites

Tonight we have the RBA announcement . Most are expecting a dovish statement. If it is unchanged, we could see some relief for the AUSSIE.

 

 

Therefore

 

Buy AUD/JPY at 99.65

Stop at 99.05

Close 1/2 at 99.95

Close rest at 10150.

Share this post


Link to post
Share on other sites

For the first time since October, AUD/NZD is attempting to close above its 20-day Simple Moving Average. Historically, this has been a strong signal for short and medium term reversals in the currency pair. In 2014 AUD/NZD closed above the 20-day SMA on 8 occasions and 8 out of 8 times, which is 100% of the time its move extended for a minimum for anywhere between 40 and 300 pips with an average gain of 170 pips.

AUDNZD_0112151-1024x428.thumb.png.c8453077bf525313316bbf90a359143d.png

Share this post


Link to post
Share on other sites

Yesterday AUD/NZD broke down a bearish flag with a 1000 pips pole. As it is very close to its all time low already, another 1000 pips bearish move (which is the move you should expect according to Murphy technical analysis bible ) would bring it to a historical all time low.

So in case I do have a bearish signal on that pair, may be on a retest of the broken flag, I will let a tiny part of the trade open even if I hit my TP. Just in case . :missy:

2015-02-04_1016_AUD_NZD.thumb.png.6e4b9c3424b5cbd64ac20da0d19c6573.png

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Nice way to start! Don't get used to it haha. Netted 2.28R. However, I made a mistake with my position size calculation and accidentally only entered at 91.4% of the size I intended, so based on the actual risk rather than the intended risk, this trade was about a 2.5R winner.
    • Potential EUR/JPY short
    • 27 IS NOT 10 27 More Hilarious Spelling Mistakes That People On Twitter Can’t Stop Making By Michael Koh, February 8th 2014   31.4k             I just can’t believe that these men and women do not use spell check on their phones. I mean, doesn’t it come pre-enabled? They must be pretty confident in their spelling abilities! Here’s more spelling mistakes on Twitter for your enjoyment. Read the original 27 post here. 1. “apidimi” This word is seriously the epitome of all that is wrong with not spell checking. 2. “…winey” Wait, when they’re saying “winey” voices, do they mean drunk voices? 3. “…go to collage” You can’t go to collage, you make ’em. 4. “…barley…” Barley is a great source of fiber, I think. Right? 5. “Aifel Tower” 6. “corn roads” I’m just shaking my head right now. 7. “I’m a genious” 8. “sillowet “ 9. “human bean” *bangs head on desk* 10. “fake an organism” 11. “mysery “ 12. “lewbuttons” 13. “klamidia” 14. “flaming young” 15. “seizure salad” 16. “quarterroys” 17. “alluminati” 18. “…dairy air” 19. “…aliterate” 20. “sellulite” 21. “masterbait” Goddamn, people, TMI. T.M.I. 22. “subliminol” 23. “dognuts” 24. “…raping presents…” 25. “ginger rale” 26. “kukies” 27. “alphet” They mean outfit. There, I saved you the trouble of trying to figure it out. image – Twitter   Funny Humor Informative List LMAO Spelling Mistakes The Digital Age The Internet Twitter    
    • This took the article right out of my idea. There's always someone quicker than you though. Dont forget to like and subscribe I know you cant get your replies in quick enough these days but keep trying. Scraping the hull: Ridding your organization of barnacles Award-winning author Gary Conner is president of Lean Enterprise Training. 5-6 minutes   Editor's Note: A version of this article previously appeared in the March 2004Lean Into It newsletter. What do barnacles and lean manufacturing have in common? Let me explain. Barnacles are a form of sea life that everyone's heard of but probably knows little about. Many different types exist, but let's talk about the type of barnacles that attach themselves to ships. These crustaceans are roughly the size of a quarter, and they attach themselves to a host (ship) for life. The adhesive properties of the cement that they excrete are amazing. This small animal glues itself to a host with a compound so strong that it could hold the weight of a compact car (2,500 pounds). Estimated costs associated with speed loss (caused by increased drag) and increased fuel consumption resulting from these marine mollusks' growth on ship hulls are an astronomical $1.4 billion per year. "Fouling," as it is referred to, can contribute to an increase in fuel consumption of up to 7 percent after only one month and 44 percent after six months (Swedish International Development Authority, 1986). For ships, the traditional remedy has been a regular visit to the dry dock. There, barnacles and other organisms are scraped or sandblasted off the hull, which is then covered with a coat of antifouling paint designed to discourage their return. As long as 2,000 years ago, hulls were sheathed with lead and smeared with concoctions of oil laced with sulfur and arsenic. In 1625 a lethal recipe combining arsenic, copper, and gunpowder was considered worthy of an English patent as an antifouling compound. The danger for shipping companies is that the barnacles are hidden below the water line. Out of sight, out of mind. The only indication that fouling has occurred is the vessel's reduced performance. Barnacles-Non-value-added Activities Parallel Could our companies be fouled—slowed down or consuming resources unnecessarily— by barnaclelike behaviors? How do we "scrape the hulls" of our organization to ensure smooth, unrestricted, and cost-efficient advancement? Barnacles can be likened to the non-value-added activities we perform every day. During a kaizen event at a client company in Nevada, we performed a value-added, non-value added (VA-NVA) observation of a sawing process. The operator was a large man (325-plus pounds). He was working in 95-degree-F heat and wearing a shop coat over his coveralls. This poor man was sweating profusely, to the degree that I was worried about his health. The initial observation showed that he was able to spend only 19 percent of his day in a value-adding mode. Eighty-one percent of his day was spent on either necessary non-value-added tasks (things like paperwork and stacking parts), or, worse yet, unnecessary non-value-added tasks (activities like looking for a supervisor or a pallet). After the kaizen team rearranged his work area, developed a new work standard, and set his operation up to run at takt time, this worker produced three times as many parts. He now spent well over 60 percent of his time in pure value-added activities (still room for improvement). At the time of our kaizen presentation, he was unaware that he was producing 200 percent more material through his two saws. Before we told him about the documented improvement, we asked him if the new layout and new work steps were easier or harder. He expressed a great deal of satisfaction with the new process, describing it as "so much easier than before." He was producing three times as much, with less effort. Kind of like pushing a ship through water with less effort because the barnacles had been scraped off. Nondiscriminating Suckers Organizational barnacles can grow anywhere. Engineering, order entry, purchasing, finance, and, of course, the production departments may need to be put into "dry-dock" and examined for non-value-added activities. A fabrication team VA-NVA examination found that 25 percent of its time was spent in non-value added activities. For this $14M company, this meant $3.5 million worth of potential sales opportunity was being left on the table each year. Interestingly, after a ship has had barnacles removed, the entire hull must be treated to inhibit barnacle regrowth. So it is with organizations; sustainment is by far the hardest part of improvement. Changing the behaviors of the individuals who comprise the organization is necessary to avoid reverting back to non-value-added activities. Continuous Improvement Kaizen must become a way of life, and one trip to the dry dock will not create a barnacle free ocean or organization. Continuous improvementis not just a program title, it is a verb, and verbs demand action. I'm sure that scraping barnacles off a ship isn't easy work, but the rewards of improved performance and reduced costs must be worth it, because every viable shipping company in the world does it. So, where will you start scraping?
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.