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- DonL replied Aug 22, 2012
The pointed end — 5 min Chart Think I'll go short here. image Edit: will close at the potential double bottom.
- DonL replied Aug 10, 2012
True. Price would have to break the lower bullish trend line below 1.0400 to break the current uptrend. As I posted a few hours ago, it looked as if this pair would follow previous pattern of behavior and bounce off the median trend line in the ...
- DonL replied Aug 10, 2012
It's still rattling around in the wedge. Is it going to be a long or a short? Wish it would make up it's mind... My eyes are getting square!! image
- DonL replied Aug 10, 2012
4 hr Chart — Those of you that have observed the posts that I have made will recognize my the 4 hour chart that I have been using for the past several months and just adding relevant trend lines as I see them. Good to see today's activity ...
- DonL replied Aug 8, 2012
5 min — How about a 5 min one! image
- DonL replied Aug 1, 2012
Updated 15 min Chart — Updated 15 min Chart Good place to close the trade and wait for the next signal
- DonL replied Jul 31, 2012
4 hr chart — My 4 hour chart if anyone is interested. image
- DonL replied Jul 31, 2012
Hello iNSIELD, I usually concentrate on the AUD/USD just because my brain can only absorb so much at one time and don't have a preference for long or short but have a tendency to trade pairs with the lowest trading costs. I am a day trader and ...
- DonL replied Jul 31, 2012
At the moment I'm watching price action at the 78.6 Fib. If the PA shows me something different, I'm happy to see it. image
- DonL replied Jul 31, 2012
[quote=azzam;5891418][QUOTE=DonL;5889603]BTW... a bounce at 1.05 would be expected. I also believe that some resistance should be encountered around 1.0525-30. It is a previous top as well as a median trend line combined with a tested Fib level. ...
- DonL replied Jul 31, 2012
Nothing but HHs and HLs on a daily for the moment. Have to go down to 1 hr and 15 min TFs to pip this pair ATM. When we get one of those daily trend changes, I'll be looking for shorts more than long positions. Right now the Aussie just wants to ...
- DonL replied Jul 31, 2012
Resistance — How strong do you think this line of resistance will be today? It's been pretty influential over the past couple of days. image
- DonL replied Jul 31, 2012
Just returned from dinner to find my short at 1.0530 triggered and in profit! 10 pip SL at 1.0540. Closed at 138.2% Fib. Was almost gone too long, glad it came back down after the bounce. image
- DonL replied Jul 31, 2012
Totally agree! As long as it remains above 1.05 and the bullish trendline, it will continue to do what the AUD does best..... float on hot air! image
- DonL replied Jul 30, 2012
Added another line to my chart. PA seems to like image these fib lines as well.
- DonL replied Jul 30, 2012
A — 15 min as posted last night during the London session. Always good to wake up in the morning with it all filled in and following the lines. I see that PA couldn't get past the previous high so never made it to 1.0470, and I see one good ...
- DonL replied Jul 30, 2012
15 Min chart — I've just had a look at this last price move and see two possibilities. the AUD has just pulled back to my upper trend line and will either test it again before moving back to the previously made topat 1.0484 and if it makes it ...
- DonL replied Jul 30, 2012
Oh no!! It's my fault, I knew I shouldn't have loaded up that triangle!!! My apologies!! image
- DonL replied Jul 30, 2012
Triangle — Looks like we are heading for a upper triangle break out. image
- DonL replied Jul 30, 2012
It's in a pressure triangle ATM. Let see which side it pops out on! image