Comments on: AUD/USD orders update https://fxww.com/audusd-orders-update/ The Professional Source Mon, 12 Nov 2012 03:43:17 +0000 hourly 1 By: Sean Lee https://fxww.com/audusd-orders-update/#comment-6669 Mon, 12 Nov 2012 03:43:17 +0000 http://fxww.dreamhosters.com/?p=2500#comment-6669 Cheers Rahul, that could be a very valuable indicator if you can figure out how to use the retail data to forecast the next move or stop-loss push. If you do figure it out, just tell me 🙂

]]>
By: Nachiket https://fxww.com/audusd-orders-update/#comment-6667 Mon, 12 Nov 2012 03:40:31 +0000 http://fxww.dreamhosters.com/?p=2500#comment-6667 There is no buying interest in the aussie till 42 is taken out. Oanda tools may be correct but retail are not always wrong which is another mistake all pros do. percent of loss trades in retailers may be large but the amount invested on each trade is also less compared to hedge funds and macro funds.

]]>
By: Rahul https://fxww.com/audusd-orders-update/#comment-6666 Mon, 12 Nov 2012 03:34:21 +0000 http://fxww.dreamhosters.com/?p=2500#comment-6666 Oanda has a large market, retail traders are wrong quite often, which means they have a good prediction record (implicitly) hence im quite sure that these tools can be useful.Will update here as often as i can if i manage to figure out something useful over time.
Currently,(using these tools):-
1.Gbp/USD:-..will turn lower, from where it is now(1.5905) atleast to the 100day mvag or maybe a bit lower.
2.Aud/usd :- strong selling seen at 1.0480 all the way up to 1.0500.Look to sell at these levels.
(this is just what I understood from these tools)

]]>
By: Sean Lee https://fxww.com/audusd-orders-update/#comment-6663 Mon, 12 Nov 2012 03:15:13 +0000 http://fxww.dreamhosters.com/?p=2500#comment-6663 Yeah Rahul, also not 100% sure how they measure stuff so prefer to stick with order info from professional market, at least I know my way around that end of the mkt whereas the retail world is often a mystery 🙂

]]>
By: Rahul https://fxww.com/audusd-orders-update/#comment-6660 Mon, 12 Nov 2012 02:59:34 +0000 http://fxww.dreamhosters.com/?p=2500#comment-6660 Hi Sean, have you ever tried using some of the tools that Oanda offers?..they seem to be pretty interesting…iv been using them and iv noticed a slight thinning of buying orders at 1.0350.Maybe they had just been removed over the weekend and might appear gradually over the day building into the week.Not really sure how it works.

]]>
By: Nachiket https://fxww.com/audusd-orders-update/#comment-6658 Mon, 12 Nov 2012 02:57:01 +0000 http://fxww.dreamhosters.com/?p=2500#comment-6658 Yes, I am short on AUD/JPY. I think it will struggle to cross 1.0430 and incase it does it will struggle to cross 42

]]>