From experience, I think it has more power than anything. A 600 pip bounce isn't much in the big scheme of things. I wouldn't be surprised to go even higher. We've had three 600-900 pip bull runs in the past couple of years in a strong bear market. ...

AUD/USD

My apologies, "extended" was the wrong word to use. I believe we are only at the beginning of a temporary bull run (1-3 months) barring a catastrophic collapse in China. As I said, I agree with you in the longer term. However, the fed's decision ...

AUD/USD

I don't think anybody said that. Australia's woes are well documented, nothing has changed there. The Fed's decision will weaken the USD (for a couple of months at least), that's a simple fundamental fact. You would be a fool to ignore that. The ...

AUD/USD

Rates on hold. Lows of the month/quarter set in stone now. The fed decision unlocks 0.755x for the next leg up once the first target (0.725x) is cleared.

AUD/USD

I wouldn't touch it until this month/quarter is over at least. Then reassess. The fed announcement has given the green light for an extended bull run.

AUD/USD

Was planning on selling 146x, but not after the dovish fed announcement. I will wait until 1.17+ before I reassess

EURUSD

Sisse, absolutely superb content you have been providing lately. Much appreciated. Bastards should be happy.. But it seems the fed has added another element to this.. International turmoil scare mongering I think markets are confused/reluctant to go ...

The Really Useless Thread

With revisions it wasn't bad at all

EURUSD

Dont underestimate the power of 0.70/0.68. Go back more than just a few years and you will see we've had some strong bounces off this historically important level. Bears need a weekly close below this level otherwise we will be going up. I suspect ...

AUD/USD

Bang.. just hit 8512. Was caught napping, but I managed to jump in long at 8580.. Lets see..

The Really Useless Thread

It seems the stars, moon and the sun may be aligning. This week could be the best opportunity to enter mid - long term short positions. 1.15x will NOT give up easily. Bulls need a Weekly and/or Monthly close above 1.15, otherwise the bears are still ...

The Really Useless Thread

Sisse.. just brilliant. I cleared my S&P shorts way too early around the 2030 mark. Looking at FTSE, it is at an important historical level now @ 6000. It could form a temporary floor at this level. I am trying some longs here (5982), looking for a ...

The Really Useless Thread

Ok so we have breached the highs of May/June. I have just entered my first major long term short position @ 1.149, although I will be looking for more soon. We are right at the top of the range, I am quietly confident 1.15x will hold despite the ...

The Really Useless Thread

China getting slaughtered

EURUSD

Wise words, many thanks. I will hold off the major mid term shorts for now and will monitor the markets (and your analysis) like a hawk into September.. For the short term, trying some shorts near the upper TL (1378.5 is the number I have)

The Really Useless Thread

First short entered @ 1374, stops @ 1392

EURUSD

Sisse, do you think that the highs of May/June could realistically be under threat? At these current levels, it doesn't seem like such a bad time to start considering LONG term major shorts with a stop loss at 1.147, targeting parity. Risk/reward ...

The Really Useless Thread

I have upper TL at 1378.5.. Not far off atm

EURUSD

Interesting.. So one could take a short now close to 1240 with a 5 pip SL targeting 270 pips. r/r of 1:54 If you rate it a 1 in 4 chance of coming off, it seems like a great deal to me.

EURUSD

Been waiting weeks for this. I have 1154.7

EURUSD