Interesting, not heard of that one? If like me you also watch the NZD/USD, as both behave in a very similar fashion; then there is a clear trend line from previous peaks of 7/11 and 12/12, suggesting current up treads could be over? Clearer on a day ...

AUD/USD

Maybe......, but I see AUD/JPY bounced straight back? This price move has stuck...... well for now at least?

AUD/USD

Most political analysists say Trumps speech was good for America and good for the dollar...... so why is the AUD/USD surging up? Luckily I don't scalp, ride out news items, preferring to trade longer term positions, but it's havoc for those trying ...

AUD/USD

.73729 is a crucial S&R point on my chart set up. I'm short now trading a monthly pattern, so that was a good enrty IMHO I've previously talked about target TP 7100. Good luck.

AUD/USD

You were right, there was another rally, but I'm reday for a second bite.

AUD/USD

The curent price now is at the 61.8% Fib retracement of the last big sell off. A crucial S&R point; also hitting SMA indicator I like to use. You may of course be right, but I have taken a short in line with my longer term strategy. Risky..... ...

AUD/USD

I've just taken my sell............. image >>>>>>> But please use your own trusted indicators. Good luck.

AUD/USD

Price is reaching Pt 4 on an EW (week) pull back. Looking for a sell. Next target 7100. After that expect an ABC correction. See my original forecast 7th December [Page 5008] when price was 7485. Just trying to be helpful

AUD/USD

Markets have just opened and done exactly what I'd expect, driven up price to just exceed previous high. Hunting stop losses, in my view this is a good sign that it will now sell off. In fact I've taken a sell at that new candle high. image Note: ...

Dragon Riders GBP/JPY

Be careful and watch the spread today........ due to low volatility (Bank Holiday) it's currently ranging between 11 - 17 pips!

Dragon Riders GBP/JPY

Quote from 7th December: I still think that's possible.

AUD/USD

For what its worth, I was finally able to take the sell position I wanted and anticipate price eventually bottoming out at around 130 (February?). I was a bit late getting in the trade this morning....... Happy Christmas to all. image

Dragon Riders GBP/JPY

Think like a trader..... Look at todays opening of the London session. They hiked the price all morning, then started selling off from about 11.30 knowing that New York would come online and drive prices down. It's what I think of as the 'Spring ...

AUD/USD

Well the dice are well and truly loaded now........ not long to wait. The market makers have pulled the string taught.....

AUD/USD

I wasn't being critical......... I enjoy these discussions. Just flagging up to new traders that market makers know what retail traders think, know the indicators we tend to reply on.

Dragon Riders GBP/JPY

I agree, I dont mean they can change an overall trend, but I would be wary about posting specific TP's and SL's because they can hunt out a stop loss. Just flagging this up for any new members or visitors. All adds to the general discussion ...

Dragon Riders GBP/JPY

Thanks. Question: Does anyone ever consider when posting specific trade information on a respected site like this, that 'market makers' can read what us retail traders think and then just screw us over?

Dragon Riders GBP/JPY

Yup, I've taken a short at 146 but dont tend to scalp. Let's see.............

Dragon Riders GBP/JPY

If this shows an Elliot Wave pattern on the month chart...... then it could be due to sell off? image

Dragon Riders GBP/JPY

Price move drop retracement currently respecting the 61.8 Fib................ possible sell off? image

Dragon Riders GBP/JPY