Yes me, but as you can see almost everyone here is bullish! I simply don't trust last Fridays action Haven't shorted A/U yet, I would like to see what A/U does around 1.0170. If I short, my stop will be somewhere above 1.02.

AUD/USD

Yes, 1.0160 looks interesting. I don't know Sorry haven't your previous comments... What's your view?

AUD/USD

Don't know much about candle formation names, only that I'll certainly try to short A/U next week. Don't know what entry yet. They could run this even higher.

AUD/USD

I personally don't like drawing trendlines where candles cross/ignore the TL (left part), but the right part of your TL does look interesting and one to keep in mind. I have mine on a slightly different slope (bottoms of Jan20 and Feb22), with the ...

AUD/USD

Wow trading @ 1.0065 they really want you to get on the long train Hi Fx-Petra, I also have a H1-trendline (tops of March 7th and 9th) but I have a price of 1.0077? 1.0090 would be way above that? edit: It's almost at that H1/H4-trendline, about ...

AUD/USD

Closed all my longs 1.0051, didn't expect to close it today already. Probably best to wait and trade next Monday again. See what news the weekend brings, see how Japan is trading Monday... I don't have a long/short bias at the moment. Leaning more ...

AUD/USD

Uhm don't really have a technique, just overall market sentiment and a few trendlines. Today for example A/U broke a 3 month trendline which is bearish most of the time. However, that doesn't mean A/U will fall of a cliff, like some are suggesting ...

AUD/USD

Yes. Long @ 0.9995, but this is a counter-trade and a short-term trade (that is: a few days if profitable, or perhaps I'll exit tomorrow if it goes further down). I would not recommend counter-trades PS: I was short from 1.185 closed today 1.010. ...

AUD/USD

My take on this: I also trade stocks but max on 1:2 margin. I have done some research regarding high-leverage stock brokers in the past, keep in mind that most brokers (there are non MT4 as well as MT4) -- so called "market makers" -- that do offer ...

Trend Trading Chart Thread

personally, I wouldn't draw a daily fib that way, the starting point is "too far". I wouldn't really consider it a daily swing. but still an interesting area, it spiked through a strong descending trendline (as drawn in your chart). watching this ...

Trend Trading Chart Thread

i'm thinking a bit more downside to come (markets not that convincing today * just a feeling * also waiting for E/U to touch 1.4, N/U double bottom on daily?), but yes, from TA perspective this is certainly an area to watch. horizontal support at ...

Trend Trading Chart Thread

you are right, perhaps it is even best not to trade the rest of this year anymore, because of this. some traders are even looking at 1.42-1.43 usd/cad is approaching the upper descending trend line again, however, I wouldn't trade this ...

Trend Trading Chart Thread

eurusd — ok good you didn't take it then. next area i'm watching and hoping to * finally * hold is 1.4450-1.4500. there isn't really a usable 50% fib, but it's near the october low (support) / august high (resistance). the weekly chart does ...

Trend Trading Chart Thread

well, 1.4620 didn't hold... sorry to see you got into e/u too early . keep an eye on false break-outs, this was definitely a false one to the upside. 1.46 doesn't seem to be holding either.

Trend Trading Chart Thread

I'm still waiting for a final drop and watching 1.4620 . If it doesn't, too bad, could be a long wait for the next retrace before getting into e/u long. usd/cad would have been @ BE now, didn't take it edit: btw, e/u is ranging for a while now ...

Trend Trading Chart Thread

yes would like to think that also, however, I'm not sure if the current move is just a small retracement of the bullish dollar, or the start of a new down move (and up move on E/U A/U).

Trend Trading Chart Thread

yes, but it doesn't always touch the trendline (the two highs in the center of your chart). at this very moment 1.0660 is being rejected, creating a * possible * pinbar on H4. an entry could be 1.0600, according to the rules of this thread. but I ...

Trend Trading Chart Thread

It's good to see traders post their setups and trades before the fact, with possible losses. All currencies discussed here are approaching important levels (which are all mentioned in the last few pages). Also have a look at USD/CAD, approaching the ...

Trend Trading Chart Thread

E/U SL hit, still in A/U but will probably hit SL soon. like Zoli, I will stay on the sidelines. I will wait until I see a clear HL on E/U (of course, with me on the sidelines, it will rocket without any retrace to 1.55 )

Trend Trading Chart Thread

in E/U 1.4850 and A/U 0.9150, SL almost hit (few pips away). 1) E/U broke daily trendline and the horizontal support @ 1.4820 2) dollar looks bullish (broke descending daily trendline and bounced) I wanted to be early, since I missed 3-4 good trades ...

Trend Trading Chart Thread