I like to keep things as close a "no brainer trade" as possible. Take two pairs, one very bullish across the board and the other downtrodden and heading for the gutter. GBP/AUD. . . . The Australian economy is softening. Unemployment continues to ...

Medium & Long Term ONLY

Hi Looks like I have found a thread that fits more with my style of trading. I too am a little surprised to see how resilient EU has been over the last few weeks. Expecting lower prices to come based on the worrying releases from ECB and the spectre ...

Medium & Long Term ONLY

Hello I have exited shorts on AUD-CAD. Still bearish overall on the pair however new demand zones primarily at ~0.95 and them at ~0.93 may hamper further sell off in the short term IMHO ( daily). I don't see any fundamental reason right now for ...

Nearly Naked (Simple Trades)

Hey Saxon Always a pleasure to see your charts. I have been watching the NU with interest since breaking up above 0.8160 waiting for a pullback. Longs starting at 0.8175 around the support-fib zone IMHO. AUD/CAD is another on my watch list, will it ...

Nearly Naked (Simple Trades)

lol, I checked the headlines. . . No nuclear attacks or natural disasters reported!

Aussie Trading Room and Cartoons Gallery

You caught a great move there Calderone, I am also managing almost the exact same trade only on the GU! image

Nearly Naked (Simple Trades)

Next revised target for me is 0.96 38.2% fib retrace of the entire down move!

Aussie Trading Room and Cartoons Gallery

Agreed. Tapering of QE had to an extent been priced in (with some underlying uncertainty) and it seems unwinding of those positions leaves significant room for higher prices. 0.96 is certainly now achievable mid term in MHO.

AUD/USD

You would have enjoyed end of 2008, hourly candles were the size of average daily candles on the sp500. Biggest daily move I saw on the GBP/USD was over 700pips. I remember people loosing their entire accounts in less than a day, could not take my ...

AUD/USD

The forex market has no centralised exchange through which all transactions occur. It is a delocalised market which means any one trader will only be able to see part of the order flow picture at anyone time. Therefore it is not really possible to ...

Aussie Trading Room and Cartoons Gallery

What I find interesting is AUD failed to break support after the NFP data. I also marked a few levels that jump out at me on the chart. image

Aussie Trading Room and Cartoons Gallery

Since the CNY data releases momentum has been northbound. Next resistance that looks reasonable to me on 4h is at the 0.9327 liquidity gap, however the residual supply at this level has already been swallowed up to an extent from the 27th-Jun down ...

Aussie Trading Room and Cartoons Gallery

Hello chaosclio How about the moon landings, do you think they were fabricated too? Maybe the federal reserve suggested to Nixon a pretend man on the moon before the Ruskie's get the chance (to do it proper) would help the economy. After all first ...

AUD/USD

What I find quiet mysterious about your explorer is that of 88 trades there are 88 winners and no loosing positions, how is that possible?

AUD/USD

I will give you a vouch if you would be kind enough to explain how your trade explorer live account gives a 100% hit rate over 88 trades. . . . . regards VP

AUD/USD

Hello davidsayli I was wondering which broker you use as your chart has historic data going back to the early 90's. I cannot find such a good historic data feed anywhere. Thanks VP

Cable Update (GBPUSD)

HelloOz They are the first and second point at which price retraces 23.6% from any given low during the recent down move. The chart shows when the first 23.6% retracement occurred, at which point supply overwhelmed demand. image

AUD/USD

Hello Uturn2 Copsey looks like an Elliot wave man amongst other things. Some nice analysis posted on his site.

AUD/USD

Price action on the pound is a good and very recent example!

AUD/USD

Morning/Evening AUD speculators There has been much talk of selling the AUD as it falls through the crust towards the pits of hell. Talk of bottom picking. Comments suggesting that other traders might be totally deranged for even suggesting price ...

AUD/USD