There is nothing bullish about EURUSD. Check the inverted hammer with strong bollinger upper breakout ( if you trade using Bollinger Bands ). That setup shows a sudden and strong sentiment. This may not have completed it's performance. Also checkout ...

EURUSD

RBA Governor Glen Stephens is out and has been replaced by Philip Lowe. Just a piece of info. He has been the Deputy Governor to Glen Stephens.

AUD/USD

Apart from bearish monthly movement, weekly also strongly bearish. For those who trade using Bollinger bands, two weeks ago bearish candle strongly closed below Bollinger Middle Band, and last weekly candle strongly retested Middle Bamd. Middle Band ...

AUD/USD

Dragonfly can really be profitable. Since the setup on USDCHF, bears dread to counter the movement. There's possibility of strong retracement

USDCHF bounce long 400 pips...an idea?

Sounthern movement of this pair was as a result of fundamentals - interest rate cut & cpi. Nothing to take it up for now.

AUD/USD

It's difficult for this pair reverse for now. If you trade using Bollinger Band, you would observe that the setup is too fresh on daily Time Frame. Why? Friday's candle closed below lower band. And this strong bearish move is already supported by ...

AUD/USD

Longer time frames give you overall direction, while get a good entry point on daily. When daily, weekly & monthly point toward one direction, success rate is high. This is where patience and descipline come in. Monthly and weekly support/resistance ...

AUD/USD

They're the set of people who totally disagree with the fact that there are people making money through forex trading. Some spend just few weeks in demo and then jump into live trading

Is Forex trading worth it? If so, why?

Uptrend also strong on monthly

AUD/USD

Going short is like catching a sharp falling knife. Yesterday's candle angrily made attempt to breakout of range. Monthly candle too strong

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I really appreciate your response/reply

FXCM Discussion

He's very serious. AUDUSD will certainly shoot up next week. Only AUDUSD was unable to respond to Gold movement. EURUSD & USDCHF strongly reacted.

AUD/USD

On GU I closed my short position when it went bullish. Perfect your strategy and then take it to live. Those who're making it have only one like us. I use month/weekly to time overall direction and then look for entry point on daily.

AUD/USD

My friend, we are on the same boat. Going short is more than risky. My two long positions still open. monthly chart is too strong to be ignored

AUD/USD

Great post. "But all commodity combined" We're almost saying the same thing. What I meant was that only one ecomomic data cannot be used to judge the strength of any economy. That was where I brought the issue of Gold. This morning Gold was trading ...

AUD/USD

Please be reminded that Gold plays also important role in Australia economy. Australia may not be down inspite of some bad data released. Gold has been going well. Current price is trying to break out of range. I don't trade Gold, I use it in ...

AUD/USD

Please what is the difference between hedging and placing OCO order. Thanks.

FXCM Discussion

For swing traders any downward move may possibly to retest weekly broken resistance. Monthly bullish setup to strong to be ignored. It strongly brooke above Bollinger Middle Band. Downward move could also be to retest Middle Band. Middle Band ...

AUD/USD

iAfter sideways comes explosive move. I don't trade it but use it to monitor AUDUSD, EURUSD & USDCHF

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Thanks

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