i'm wondering if we peaked for a little while at .8468. That long candle wick a few hours seems to be telling us something. I'm floating a demo short at .8440 to see if it takes.

AUD/USD

I'll study his posts very carefully so I can understand what kinds of trades he makes. Hows the trading going today?

my trade

Sounds interesting Ben. I want to learn more about it. I am all about S/R and you know fammira is quite good at it. Please share any insights you might have. I want to learn!

my trade

A lot of heavy action right at the .84 level, even though it's been there for awhile now. I'm also thinking we'll see this pair travel down a bit before it makes it to .85 though.

AUD/USD

Sorry for the long absence. Here is the thread by Dreamliner on his hedging strategy: http://www.forexfactory.com/t/160912/hedge-correlation-strategy-1.html It's interesting to read. However, it seems he just recommended everyone abandon the ...

my trade

This reminds me of a hedging strategy that Dreamliner has in a thread somewhere. He puts two correlated pairs on a chart, and sells one and buys the other. And closes out when the two pairs cross on the charts. Occassionally they'll diverge far ...

AUD/USD

we may be headed for there now, before it calls it a week. PA has been remarkable consistent this week. everyone should have done very well this week. even if you incorrectly tried shorting when the market went long, it still came back quite ...

AUD/USD

have you heard of the hedging strategy where you take two pairs, and sell the one higher on the chart, and buy the one lower on the chart? And when they cross each other, you close the positions? it's a bit risky if they range far away from each ...

my trade

let me know if you need any help getting it up and running. and i'm curious how your sythenthic trading goes. it sounds interesting. like a hedging strategy.

my trade

and the chart image

my trade

I'm attaching this indicator. If you open it twice against a USDJPY chart, you can set the indicators to CADJPY and USDCAD. Also set the grid colors to NONE. And on the CADJPY, set the mirroring to FALSE. And the chart should be a line chart, of ...

my trade

you are killing it fammira. please post more S/R insights on here. i am learning a lot on this thread.

AUD/USD

How's the synthetic pair trading working out? I don't fully understand it but it seems to have some correlation together. Do you have a chart that overlays the three pairs together?

my trade

I see. I'll have to study that more. Gotta take a look and see how the markets shaping up today. Good trading to you ben10!

my trade

glad to see you're doing well ben. i've been sticking with the EURUSD and AUDUSD lately. seems like you're dabbling in a bit of everything.

my trade

yeah, it's going to push 1.10 it looks like. ride it all the way.

my trade

I believe the EA is the highest correlating pair to the AU.

AUD/USD

I think you're right fammira. I will try the same today.

AUD/USD

The image is how mine looks.

AUD/USD

I found this elsewhere and modified it for the AUDUSD and EURUSD. Open this indicator on a AUDUSD chart. I turn the indicator grid color off to make it easier to see. You can also turn off the chart's grid color too. Oh, and set your chart to a line ...

AUD/USD