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LizardGizzard replied Oct 21, 2014I feel like this is where the bulls should take over for the evening. If not and she drifts past the 50 marker, then oh well.
AUD/USD
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LizardGizzard replied Oct 21, 2014Looks to me like its right back down to the support of the range with not much more pressure downward and possibly a bounce from here. It really needs to pierce and close below this line on the chart for me to think bearish. Until then, pressure ...
AUD/USD
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LizardGizzard replied Oct 21, 2014Bounced right off the lower trend line I drew earlier. Hmmmm.
AUD/USD
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LizardGizzard replied Oct 21, 2014And even with this line, the energy and pressure sure does look to be building to the upside.
AUD/USD
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LizardGizzard replied Oct 21, 2014Then you would get this, which butts us up right on the line. Personally, I prefer "best fit" trend lines like in the previous image, since to me they are more meaningful, as they touch more places where price actually traded for some time, as ...
AUD/USD
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LizardGizzard replied Oct 21, 2014I guess what I am seeing is a breakout above the trend line in the above figure as well as higher and higher lows being printed since October 12th after being rejected from these levels. The market was thrown down less and less as perhaps buyers ...
AUD/USD
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LizardGizzard replied Oct 21, 2014Gotcha. Looks to me like the thrust to break through the range happened already and now we are consolidating until the news tonight to break higher. At any rate, should be some decisive motion one way or another.
AUD/USD
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LizardGizzard replied Oct 21, 2014I hear ya, Ben. Always good to get other opinions. This is how I'm seeing it for now. Of course, all is just speculation until something actually happens definitively.
AUD/USD
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LizardGizzard replied Oct 21, 2014Yes, but there is a lot of kinetic energy set to break out of the range to the upside...guess the news event tonight will be a thruster. Diamond already broken once to the upside.
AUD/USD
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LizardGizzard replied Oct 21, 2014May have ben posted already, but this is a pretty sweet diamond bottom breakout.
AUD/USD
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LizardGizzard replied Oct 20, 2014Totally agree on this. AUSUSD and GBPAUD both seeming to indicate AUD drop tonight.
AUD/USD
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LizardGizzard replied Oct 20, 2014Agreed. I entered a little early last night and stopped out break even this morning only to get in at a worse price, but this one looks quite ripe to break north. Wide-ish stop today. Good luck!
GBP/AUD
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LizardGizzard replied Oct 19, 2014AUD and NZD looking like both these puppies want to head higher for the week.
NZD/USD
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LizardGizzard replied Oct 17, 2014Looks like down she's gonna go. Perhaps fulfilling the bear flag's prophecy.
NZD/USD
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LizardGizzard replied Oct 16, 2014Don't have one. Just moving stop up underneath the valleys as they develop.
Cable Update (GBPUSD)
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LizardGizzard replied Oct 16, 2014Ha ha. I'm long GA from 8340. We just can't seem to agree today, huh?
Cable Update (GBPUSD)
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LizardGizzard replied Oct 16, 2014Off we go, just like the price action indicated.
Cable Update (GBPUSD)