Potential levels on H4 — My views at this point: image

Aussie Trading Room and Cartoons Gallery

Didn't travel finally. Been busy on other projects and pampering myself while waiting for more bears to come to the party. And guilty of lurking. video Here's my sunday chart. image

Aussie Trading Room and Cartoons Gallery

Try this app: url I use it on Android and charting is really awesome. Should be the same on your device.

Aussie Trading Room and Cartoons Gallery

Might be ... (50% - 61.8% correction on swing low). However I see 1.0540/45 as safer level to expect (around 38.2%). image

Aussie Trading Room and Cartoons Gallery

Here it is: url You can see that the best correlation shows indeed in M5 (over 50 periods) at 93.4% = short-lived, short TF. When day-trading/scalping I usually watch the three M5 charts together: EUR/USD, EUR/AUD and AUD/USD, as sometimes the ...

Aussie Trading Room and Cartoons Gallery

1 & 2: YES and NO YES on small timeframes NO on the long run and anyway not for the same amount of pips mostly. Based on this apparent correlation I had been using EUR/USD to hedge AUD/USD... however I did a thorough backwards check and although ...

Aussie Trading Room and Cartoons Gallery

Good afternoon to you too! (still A.M. here though - lunch time in about 15 minutes). Bon appétit!

Aussie Trading Room and Cartoons Gallery

That's not a bull skull ... it's a Bearull's Bull Mask(TM)

Aussie Trading Room and Cartoons Gallery

No-dealing-desk brokerages usually include a view of the whole array of actual market orders on their platforms and traders can see where and how is the liquidity distributed. Either those numbers are truly based on an actual Order Board, or the ...

Aussie Trading Room and Cartoons Gallery

Let it flow! image

Aussie Trading Room and Cartoons Gallery

image "the length of the gargoyle determines how far water is thrown from the wall" ( url )

Aussie Trading Room and Cartoons Gallery

50% zone ... to remember. image Weekly symmetrical triangle, tightening.

Aussie Trading Room and Cartoons Gallery

Either it was a short N or it's building an ornate capital ...

Aussie Trading Room and Cartoons Gallery

Please read Darkstar's awesomely detailed description of the Structure of Forex Brokers: url You will find many of the answers you are looking for, including the reasons behind spread widening.

Aussie Trading Room and Cartoons Gallery

A true ECN should provide access to information about the true market liquidity. Everyone's orders are shown in the system and thus you know where the liquidity is. About safety: In my opinion, there is no such thing as "safe" in life. Only degrees ...

Aussie Trading Room and Cartoons Gallery

Hmmm... your N and my W can coexist? image

Aussie Trading Room and Cartoons Gallery

I think you mean "market makers" vs. "ECNs". Basically market makers usually hold and manage most transactions "in-house" (thus being counterparty to most of their clients' trades) while ECN brokers transfer them to one or more liquidity providers. ...

Aussie Trading Room and Cartoons Gallery

Looks like a soon-to-be W to me: quite solid a double-bottom on that TF I see ...

Aussie Trading Room and Cartoons Gallery

Broken rising wedge equivalent on daily charts, and projection. image Gnarlypips 1.0320 level could be on the lines, near 61.8% retracement on last swing high and at about the SMA34 level.

Aussie Trading Room and Cartoons Gallery

Me too. image Looking for a re-entry around 1.0570/80 or another trip to the top depending on the PA.

Aussie Trading Room and Cartoons Gallery