Looks like I was wrong about breaking out of the range. AUDUSD looks like a double top while EURUSD has become a definite inside bar. Could we have a bullish week next week? I still see an AUDUSD long. Lost too much money already. Gonna take a break ...

My Learning Journey

1.04 broken. Lowest we went was at 1.036x. Neckline of head and shoulders at 1.03366. May not be going back down again.

My Learning Journey

It seems like we have a head and shoulders completed here. Will it continue? 1.041 proving to be a challenge still. I hope we don't break 1.04.

My Learning Journey

I don't see us breaking out of this range for the rest of this week. So be sure not to set your sights too high. With both EURUSD and AUDUSD going into inside bar mode and GBPUSD turning into a doji. Things are looking interesting. We might actually ...

My Learning Journey

After seeing the weekly for AUDUSD, I am no longer confident of going long on this. The close for the weekly candle will tell a good story of the next step. But it should be safe to say 1.05 and 1.04 will be revisited once again within this week. ...

My Learning Journey

I just happened to be clicking around and I found this. If it ends in a doji, I'm gonna short this all the way down to at least 1.52xx.

My Learning Journey

May actually shift PO to 1.3915. Gonna wait and see what happens tomorrow. TP targets still remain the same.

My Learning Journey

Bernanke's talking later?

EURUSD

Hmm, not sure if its long or short. Retracement + probable doji close and RSI divergence. I'm placing some eggs in long TP 1.325 or so. Waiting for good entry.

EurAnalysis

Could we actually be having a hidden bullish divergence here? Divergences are popping up everywhere, including bearish ones. Tough one to call.

My Learning Journey

Got out of my GBPUSD trade with a small profit. I have a feeling that USD will continue weaken in the risk on environment and we will see a push back up. As I've felt, this was a simple retracement. Nothing more, nothing less. We should now continue ...

My Learning Journey

It went lower, but came back up obediently. If it closes in a doji today, I will be looking to buy until 1.3175 to 1.319 areas, possible overshoot to 1.32, but I don't think we'll go any further than this.

My Learning Journey

EURUSD has touched the daily RSI trend line. Will it break lower? AUDUSD looks done for retracing and has started going into a doji in daily. Will it close as a doji? If it does, will we continue a down move or an up move? And if both EURUSD and ...

My Learning Journey

GBPUSD has shot downwards ever since BOE announced its dovish stance. It has formed a bearish engulfing bar on H4 along with a bearish divergence and a doji from yesterday. Will it finally break out of its consolidation and head back to 1.54xx?

My Learning Journey

EURUSD has touched 1.30176.

My Learning Journey

Both the Bank of Japan and Bank of England are dovish. BOJ will be implementing QE while BOE will continue their asset purchasing while rates remain at 0.5%. Retracement due perhaps?

My Learning Journey

I also see gold testing 1800 although I would not be doing any trades on gold because of how uncertain QE is. I may look to a sell near 1900 - 2000 and TP 1500 (very long term trade).

My Learning Journey

I think it may fall further than that. My current TP is now at 1.6125 which stands at the tip of the falling orange trend line. After which I would hold my position to see if it breaks the trend line and heads back down, otherwise I would go long ...

My Learning Journey

Forgot to add GBPUSD. Doji from yesterday. RSI has room to drop a little. Let's see what it does by the end of the week. It should drop before continuing its march to 1.64.

My Learning Journey

As expected, both EURUSD and AUDUSD have retraced over 100 pips and are now continuing its march upwards. If both these pairs have done a 100 pip retracement, I expect GBPUSD to also do the same and at least retrace to 1.616xx.

My Learning Journey