Still waiting to reload shorts. In strong bearish markets, the 1/3 point of the previous leg is often a great place to reload (0.6995). I suspect 70.xx will keep a lid on the move up before a new LL

AUD/USD

First major target cleared and we have a spectacular clean sweep on the Weekly close below 687x/9x. We have now unlocked the next major technical level 0.639x in play in the short to mid term. I will be looking to reload short positions this week ...

AUD/USD

That's what you call a fundamental call? I think that is the most uneducated/embarrassing comment I have read on these forums.

AUD/USD

Please elaborate.. I'd love to know what on earth makes you think we'll be back to 90c within a year!

AUD/USD

Gold looking very attractive at the moment in the 1070's. We had a strong weekly close above key 1093 level last week. I believe we are setting up for a run at 1157 with some resistance at 1120. With the global jitters at the moment you would expect ...

All Majors and Gold

Gold looking very attractive at the moment in the 1070's. We had a strong weekly close above key 1093 level last week. I believe we are setting up for a run at 1157 with some resistance at 1120. With the global jitters at the moment you would expect ...

The Really Useless Thread

6500 has been breached, however more importantly bears will need to confirm the break below on the Weekly close. Failure to take it this week will give bulls a quick run back to 662x/665x. I have cleared 90% of my short positions now, waiting for a ...

NZD/USD

Yes, but there is only one white man for every 100 Chinese women in China

The Really Useless Thread

All eyes on equities this week, a deeper sell off will continue putting upwards pressure on the euro until the storm passes.

EURUSD

Edward, there are larger fundamental forces at work here. The massacre in eu equities.. converting to cash driving the euro up. Have a look what happened on the spike up to 1.17x last year. I am looking for a fresh HH (1.107+).

EURUSD

What a week! China and now NFP combo obliterating the Aussie and Kiwi dollars. Has been a memorable week. We are approaching the most important decision level of the past 6 months.. 0.65. This is where I will be offloading a majority of my remaining ...

NZD/USD

Mid term target resumes. This down move has been relentless, however some surprisingly positive news out of China today will drive markets back into consolidation. We also have an ascending TL (Daily) in tact at the moment providing support. Large ...

NZD/USD

You're welcome China's little surprise today will send us into some temporary consolidation, which may be assisted by NFP tonight. Bears may now have a great chance to enter/re-enter around 0.714x/5x before 0.68xx

AUD/USD

I'm not trading the Euro at the moment, just watching from the sidelines but my bias is definitely switched to BUY short term. The PBOC has now thrown a spanner into the works, strengthening the CNY. This should certainly take the steam out of the ...

The Really Useless Thread

Sorry, I think you may have misunderstood.. You said that you re-entered shorts at these levels (1.086). I'm not sure how wide your stops are, but I thought you may be worried about a spike that could potentially put you 200+ pips underwater. i know ...

The Really Useless Thread

Sisse, are you not worried that we will see a repeat of the equities crash last year that pumped the Euro to 1.17? I have cleared all of my Euro shorts and was looking to reload, however, it just seems like history is about to repeat so I am ...

The Really Useless Thread

Déjà Vu. We should have learned our lesson from the China crash last year that preceded spectacular moves in Eur/Au and A/J.

EURUSD

0.70 level is weak support in my opinion. Strongly advising newbies not to attempt catching a falling knife here. We are experiencing strong alerts of a panic leg with China, Oil and Equities leading the way. Commodity currencies are going to ...

AUD/USD

And it begins! China... Oil... Equities... Looks like we are about to have a fast and furious panic leg down. Wow what a start to the year!

The Really Useless Thread

Haven't been here for a few months. Bulls had a good run but the mid-long term leg has resumed. Spectacular moves in the Aussie this week with China causing all sorts of problems.. We have only seen the tip of the iceberg so far. We are heading ...

AUD/USD