If you check the D1 chart out is still in a downtrend. I think it is retracing well and cut through the MAs. Nonetheless i will give it a rest this week and come back on Monday.

FX Dynamite

This is a good setup. I think the D chart showed it was in a downtrend as well. If the D chart is in sync with the H4 in terms of trend, then it results in a high probability trend.

FX Dynamite

Well since the time I posted it is up by at least 40 pips. I had a limit order which did not filled by a few pips.

FX Dynamite

Anybody considering getting on the AUDUSD trade ?

FX Dynamite

Thanks buddy for the news update Not that it helped most of us did it ?

FX Dynamite

PLease do. And the scammers are waiting there as well in case you think grass is greener blah blah blah. Btw do change your name to "Anti Climax" in case you happen to continue to hang out here.

I plan to quit forex!

How the market sentiment changes from one moment to the next. EUR did initially fall. But as soon as Draghi spoke, the mood changed and EUR started scrambling up. I am glad to say that I am out of the market now and will be back next week when ...

FX Dynamite

It certainly was and i was stopped out. Moving on to the next one. Seems like Varuns method is indeed a dynamite. However i will say that the D chart should not be ignored.

FX Dynamite

I am still on USDCAD with stoploss moved to capture 100+ pips. Trade is still on.

FX Dynamite

I noticed and will be observing how this support is treated before proceeding.

FX Dynamite

I could have bagged some pips but now it went opposite and must have taken out my stops while I chew my nails at my work.

FX Dynamite

I rather use this forum to share knowledge about forex and trade setups. Call me a cynic but I think anybody asking for money over internet is not real. And I am being diplomatic here since Varun's name is involved. There are a number of things in ...

FX Dynamite

Awesome ! Another one to add to your Viagra list image

FX Dynamite

Thank you for your input V. Much appreciated

FX Dynamite

I am totally in agreement. However I will want to direct your attention to the broken down trend line. Currently it is acting as a support. Let me know what you think. image

FX Dynamite

Still on the EURAUD. About 40 pips down. I have a feeling the Mario Draghi talk on Thursday is stirring things up a bit. I am going to stay off all EUR crosses this week.

FX Dynamite

Thanks. I kind of missed it. But I figured I still got time to sneak in. Lets see how that works out.

FX Dynamite

NZDCAD ---- > Is this a valid bullish setup ? image image Waiting for the setup to complete on H1.

FX Dynamite

HI Varun, Would you please clarify on the crossing of the MAs ? I understood from Post # 1 we should look for the candles to cross the MAs (up or down) and that the MA trend lines themselves need not cross. By the way, I dipped my toes today GBPAUD ...

FX Dynamite

I think you should wait for the retracement on 4H, right ?

FX Dynamite