EUR/USD is going to gap down. Currently at 1.2978. Roughly 40 pip gap down from Friday's close. AUD/USD should also gap down as well, normally a Gap down is short term bullish after opening.

AUD/USD

It looks like more and more retailers are going short on AUD now. Probably best if I hold my AUD/JPY longs a little while longer... LOL jk Still can't see markets creating new lows until after elections.

AUD/USD

Nice! That's what I like to hear bro. You mind me asking which platform you're using now?

AUD/USD

How you doing Wulf?

AUD/USD

I'm still long AUD/JPY and short EUR/AUD. Going to scale in one more EUR/AUD short once the H1 shows over bought with Williams %. Probably going to be over bought on H1 by London open...

AUD/USD

Hey Ken! This article was from June of this year, however, I have been under the impression that the "Japanese Dilemna" would not surface until the Eurozone crisis has been resolved, or at least "delayed" and kicked down the road... I wouldn't be ...

AUD/USD

LOL No problem JP Looks like it could be a long term position trade, just your flavor!

AUD/USD

I should have posted the link, this wasn't my work. url But yes, I am confident that JPY will fall significantly pretty soon. We broke the 8 month Daily downtrend a few days ago so I'm going to be keeping a close eye on the Yen from now on. ...

AUD/USD

No problem kadc. Just one of those days...

AUD/USD

Hi Kadc, Thanks for your input. When I said 88 I was actually referring to AUD/JPY. This was actually hit earlier this year... I would like to share another good article which supports my view from a fundamental stand point: Why the yen could be ...

AUD/USD

Sorry Sidhujag, one more question for you. You mentioned that you see a long term USD bull coming. What would be the best sign or indicator showing when this trend starts? I also think we are at multi-year lows with USD and see a reversal towards ...

AUD/USD

Interesting... I'm long AUD/JPY right now but I have actually been wondering about this. What is really interesting is that "normally" USD/JPY goes down as other majors go down as it is the classic "Risk Off" sentiment. Right? However, with the ...

AUD/USD

Ok... I think you may have posted in the wrong thread... LOL

AUD/USD

Hi Sidhujag, You use a tight SL! I am not able to do that as of yet which is why I can really only trade off of the Daily charts... Do you mind me asking what your perspective is on AUD/JPY if possible?

AUD/USD

The main reason why I project a target rate of roughly 88.00 for AUD/JPY is because of USD/JPY. Take a look at the wekly chart... We have a definitive break of the Daily down trend that has been in affect since April 15th - October 15th. The Oct. ...

AUD/USD

Almost made up for my loss earlier this week with my AUD shorts. Remember folks, the trend is your friend. I use the MACD on the D1 and scale in new positions using Williams % on the H1. This should be a nice bull run with AUD/JPY! Thinking 88.00 ...

AUD/USD

I was just about to ask you where your limit is... I hope for your sake that it does not get to 1.05!

Australian Bear Raid

I completely understand JP. I am more of a Swing Trader which is why I would have a hard time mentally doing what you do.

Australian Bear Raid

Hey JP! Welcome back man. Just curious, if this upward move was expected why didn't you take the $70k profit and re-position yourself as well. Seems that would have been the wise thing to do. Anyways, hope you had a fun an educational trip to ...

Australian Bear Raid

There it goes...just broke the top. Let's see how far up it takes us throughout the rest of the day. Edit: Maybe I spoke too soon...

AUD/USD