It was a human reaction to bad news. AUDUSD will move up from here. Added more long positions below 0.9600.

AUD/USD

I shorted AUDUSD from 0.96809 to 0.96405. When I go long, I am looking for 50 to 100 pips only. At this point, shorting AUDUSD is too risky even though it could go one more wave down. It appears to be a bullish wedge to me. In case it moves down ...

AUD/USD

It's time to go long! — Entered @ 0.96461.

AUD/USD

x_4 — x_4, it's time to long.

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I closed my long from 0.98085 @ 0.98511. 42 pips was the appetizer of the ongoing C-wave. When it passes 99, you can only enjoy the main course. Now it's going down again soon.

AUD/USD

Today's low was 0.98008 which was very close to 0.9798. 0.9798 will be broken sooner or later but not today base on what is going on now. Also, there is no strong momentum to take 0.9798 out this afternoon. European session was closed already.

AUD/USD

Daily is long. You are going to miss the boat!

AUD/USD

I don't rely on anybody' opinion. For my chart see my previous post today. It was the end of the fifth wave of C-wave of the larger B-wave. Now AUDUSD is moving up with its larger C-Wave. This one will be going higher beyond 0.99.

AUD/USD

Now, it's time to long!

AUD/USD

[quote=mazlimoin;5709218] Are you asking for my chart? Got out of the trade at 0.98064. 64 pips in 90 minutes. I did not lose money, did I?

AUD/USD

[quote=helendm;5709166]Why not? The daily has stoped on the supply level, we got a good short until the next demand zone. image Where is your demand zone? Thanks.

AUD/USD

You were right about the daily trend, which is a counter trend of the major downtrend. Market does not move one direction all the time. My trade is a counter-counter trend this time.

AUD/USD

It is going to drop like a rock now!

AUD/USD

It was the end of B-wave. 98.69 is the 61.80% retracement. It could go a little bit higher. 98.69 was the first short position before I built up more.

AUD/USD

I am going to short @ 98.69.

AUD/USD

Traders are betting on ....... — ["You might be treating the forex market like your own personal casino right now and not even know it. In fact, if you are like many people trading the forex market, you are probably more of a gambler than a ...

AUD/USD

Look at EUR H4.

EURUSD

No. It is opposite to your dream. EUR is going south.

EURUSD

EUR is going down 100 pips from this starting point of wave-C.

EURUSD

MasterBO, you are right on the money. I have the same wave count like yours. I anticipate EUR moves back to around 1.3665 (61.8%) then goes south again like a rock coming down from a cliff.

EURUSD