Respecting the 200 day MA very nicely. My stop almost got hit, but it's important to know where a major MA is when placing stops. I put it a few pips below incase of a spike below it. That top order I have been holding since above 100 and I'm ...

USD/JPY Discussion

USDJPY is respecting its 200 day ma very nicely... notice my stop right below it, when you put stops on it's always important to see where a MA is, I put it a few pips below incase of a spike below it.

Riding the Gnarly trend wave...

Nothing new to my trading positions/outlook. Asian session was choppy and I think mainly a shake out. We have manufacturing ISM manufacturing index @10:00

Riding the Gnarly trend wave...

I would never question you posting some TA, Ding. You seem to know it pretty well and that is of great help with this thread! Overnight was a bit of stop hunting I believe. usdjpy should rally pretty hard. The PMI later should be the trigger. If you ...

Riding the Gnarly trend wave...

51.4 for the china PMI, Leaked a bit early as usual with china.. A/U up slightly about 10 pips. As well as audnzd

Riding the Gnarly trend wave...

Thanks!!

Riding the Gnarly trend wave...

PPI for AUD came in at 1.3% vs 0.4% expected As in my previous posts I am long AUD/NZD Going for the 1.21 area 585 pips and risking 300 Also notice the rare quadruple bottom !

Riding the Gnarly trend wave...

Asian session.... 10/31/2013 Here is what it looks like on the news front tonight 20:30GMT Aud-PPI(Q/Q)- Expected is 0.4%, Prev 0.1 21:00-Cny-ManufacturingPMI(also has impact on Aud)- Expected 51.2%, Prev 51.1 21:45-Cny-HSBC Manufacturing PMI- ...

Riding the Gnarly trend wave...

Thank you for the kind words Bikov! I love my FA its 99% of my trading and yes TA does help a bit with entry, but the candlesticks already tell you that, haha. I am also a firm believer in the law of attraction. Been doing it for years and it feels ...

Riding the Gnarly trend wave...

Will do, Following trends is the easy part. It's the entry and exit points that matter.

Riding the Gnarly trend wave...

Any feedback for the thread so far? I am trying to make a good trading/learning environment. Any suggestions would be great. Thanks for being on the thread!

Riding the Gnarly trend wave...

Last chart for the day, I will try getting a few up everyday. All with set ups that I see to be low risk. USD/CAD Bullish hammer on H4, I saw no reason that ucad should of dropped as hard as it did today. This is 1 pair that loves to pull fakeouts. ...

Riding the Gnarly trend wave...

There was also market chatter this morning about a better than expected PMI, I was out doing some business or I would of given you guys a heads up. Well next leak I will make sure to post, If im aloud ? I never believe them but this one ...

Riding the Gnarly trend wave...

You may be wondering, why does he think it will go up and not down. 1.BOJ will not let it 2.Flag breakouts almost always respect the prior trend, if this was a down trend the break would be south.

Riding the Gnarly trend wave...

First of many chart patterns I like to use and this is perfect. Bullish Flag Pennant in UJ Everyone and their uncle knows that UJ has been in a nice uptrend and recently it has stalled a bit. This caused a flag formation. 2 main rules of bull flag ...

Riding the Gnarly trend wave...

I have noticed that as well, I am already long but I would wait to add until Aud and Cny data tonight.

Riding the Gnarly trend wave...

Nice! I was thinking of cutting half yesterday, probably should have. But thats not my style , why do I always need 3-400 pips hahah. Nice trades bro!

AUD/USD

I'm hanging until a break below 1.12.. We have a Quadruple bottom this month, do you know how rare that is?? Month end flows with 2 countries very similar is hard to make heads or tails out of it. Maybe the data due from Aud will help get us going ...

AUD/USD

Good luck to you as well and have a great weekend. Thanks for the contributions to the thread! I'm done for the week as well and no changes to my outlook or strategy. I will post a weekly chart at the end of the day for an outlook for next week.

Riding the Gnarly trend wave...