Can you zoom out on that, what timeframe is it? Mine looks like a wedge not a channel! Since I am going to be in front of the computer for a few more hours it seems, more charts to come...let's go naked. Here is a channel! image Probable to retest ...

AUD/USD

Wishing I had held that short now, ah well a fool and his money are soon parted. Still holding long, save me wedge!

AUD/USD

Alright, I bank another 10 pips on the short side and switch back to long 93025 with hidden SL. Seriously, last chart. M1:

AUD/USD

Last charts from me for tonight. M15: image H4: Unless regional bourse post new highs overnight I think we are done for the day on the upside. Not sure if that wedge is right or not, H4 shows it could easily play out to new highs bearish all the ...

AUD/USD

I posted a couple of D1 charts which support this idea, one for AUDUSD (CCI) and one for NZDUSD (EW) ... I would be surprised to see it happen tonight though. As I mentione yesterday and todays close is important, but yesterday was a damn doji so we ...

AUD/USD

I am risking 10 pips to see it at the level I wrote in my first post during Tokyo today, possibly even lower.

AUD/USD

Still on at +9 and running. That could've been the daily or even weekly high depending on overnight markets. It's pretty obvious the RBA is sitting on the offer (or someone big is) and some other big dog is sitting on the bid saying yep bring it on ...

AUD/USD

The point is, this sort of thinking, nor the speculation that arises from it, is sustainable. Sooner or later it WILL pop.

EURUSD

Alright, I am willing to try a quick test of supply here, so I took off that crazy long and put a short on with 10 tick SL (just the profits from the other long) @ 93122.

AUD/USD

What did I say?

AUD/USD

9325 is a magnet.

AUD/USD

I just bought that dip 93052. Bring on the irrational exuberance!

AUD/USD

I am still waiting for the yearly IB on E$ to break out

EURUSD

Jay, are you suffering the opposite of recency bias, always looking at those monthly candles

EURUSD

Here is a quote from Sean Lee of forexlive posted during Tokyo Just to re-fresh your memory, EUR/USD jumped from 1.27 to 1.34 one week and from 1.34 to 1.47 the following week. I don’t think anything like that is going to happen this year in that we ...

EURUSD

Quote from earlier today: the self-fulfilling prophecy that was the kiwi sell recommendation issued by a major US investment bank (vs. GBP - GBP/NZD rallied over 2 big figures). Our own short NZD preference has been vs. NOK *cut by sinner for ...

AUD/USD

Great quant style info. Please keep these sort of posts up!

AUD/USD

If you are accurately predicting markups then why not scalp them? I mean, take majority of lots off the table when you normally get "stuck", move stops to BE in case it turns into a swing and then move onto the next setup.

AUD/USD

Mr Market has been breaking shit while I was gone, but luckily he missed my exit by a pip or two and I'm currently up +15ish. Gotta be careful here though, this could just be Frankfurt marking up for London to sell down.

AUD/USD

I am not trying to pick moves here, just create awareness of the macro market. Really couldn't give a toss whether it goes up or down in the end so long as I can bid and offer either direction with a good spread. Fall from 93 is fine with me but it ...

AUD/USD