You're right, it wasn't about the rate hike, it was about the potential for future rate hikes based on an economy that is supposedly recovering nicely (of course anyone that lives here in the states should know the recovery is all smoke and mirrors) ...

AUD/USD

Thanks. Pulled the plug at +23 that's good enough and call it a weekend Cheers

AUD/USD

Congrats on a winning trade. My SL held by 2 pips, now we are on the way back down to paradise. I trade areas of confluence that I believe will give my trades a high probability of a price bounce.

AUD/USD

Easy scalp short at 7480. looking for 30 pips back to 7450. A little something to put a good taste in my mouth before the weekend Quasimodo, ABCD completion, 161 extension, and some other fractal confluence

AUD/USD

Agree. I have shorts pending all the way up to 7580 with stops above 76 for a longer term position into the new year

AUD/USD

I can find a few technical reasons to short this pair. Very often after a strong move the retracement finds difficulty breaking thru the 38.2 level. Clearly 75 is going to be a massive hurdle for anyone going long. In addition, the 200EMA has yet to ...

AUD/USD

I am acting as Nostradamus', I mean Jfrancis' public relations agent and editor in his absence. Here is the updated chart

AUD/USD

ALL currencies are significantly higher verse the Yen. A warm and fuzzy global risk on sentiment has gripped the market since Trump was elected. Reminds me of the 2007 economic collapse in the US when the term "Irrational Exuberance" was coined. I ...

AUD/USD

On the flip side UJ has already reached major weekly resistance at 107.5 IMO, UJ will have to break thru and make it to 108 for the Kiwi to reach 7030 RBNZ has been cutting every 3 months exactly as they said they would, and yet the Kiwi has been ...

NZD/USD

Long @7075 SL 7070 TP 7775 R/R 140:1

NZD/USD

I feel like I am the only one on the whole site that is long Kiwi. There is something strangely comforting about that, unless I lose a boat load of cash, that wouldn't be very comforting. Green pips all

NZD/USD

That is my hope. Price will do what it wants, I can only follow my analysis and plan. I know others disagree, but I believe we will test 75 before we see 70, even with a potential US rate hike in December.

NZD/USD

Kiwi has weathered the first storm. A very nice 4H candle close in 20 minutes. Now to see if there is any follow through into the afternoon session.

NZD/USD

I didn't take offense and welcome all views. Flexibility and an open mind is the name of the game. My oscillator is showing potential hidden divergence, no confirmation yet for me until a close of the next 4H candle

NZD/USD

Oops? Building a position in a 20 pip zone, 4H TF, haven't even touched 7200 yet, but thx for the vote of confidence Retest of TL, 200SMA, potential HD, round number, etc etc

NZD/USD

Time to get long here @7220-7200, a no brainer

NZD/USD

Thanks. I will be out of the trade before this mornings news, although I don't think the employment claims will have much impact today. London usually shows it hand in about an hour or so. Already bounced 20 pips so taking some off the table, SLs ...

AUD/USD

Short @ 7720-30 Quasimodo style, looking for 30-40 pips

AUD/USD

AU 4H short, looking for 30 pips

Up and under price pattern