you see what is happening right NOW? we want higher high on lower TF or the next retest will be another breakout.

Aussie Trading Room and Cartoons Gallery

good analysis! we are on the same page on aussie

Aussie Trading Room and Cartoons Gallery

exactly. i do not know why you are trying to buy this... but i can tell you that: before going long make sure how bigger players react at that level, never enter at first drop, wait for retest and watch how traders react. if the reaction is ...

Aussie Trading Room and Cartoons Gallery

yes. if you watched the price action you would clearly see that sellers were in control and buyers were just staying a side. price was making lower lows and lower highs. bull did not defend the zone at all and came along couple of big sellers and ...

Aussie Trading Room and Cartoons Gallery

for those who wants to relax (if you like oriental music): video

Aussie Trading Room and Cartoons Gallery

sorry to hear that. i hope you did not lost much. next time trade with very small leverage, account will last longer if still learning... i am buying at retest.

Aussie Trading Room and Cartoons Gallery

it happened. now...

Aussie Trading Room and Cartoons Gallery

the reason is it is testing bottom with lower low and lower highs. this is potential opportunity for breakout. watch it carefully.

Aussie Trading Room and Cartoons Gallery

i do not

Aussie Trading Room and Cartoons Gallery

i was wrong. this is happening right now.

Aussie Trading Room and Cartoons Gallery

No, I always have said i am long on this pair. my views change, sometimess bullish, sometimes bearish, and that i have an open buy position does not restrict me from having bearish view. at every significant drop buying heavy and banking the profit ...

Aussie Trading Room and Cartoons Gallery

i dont think there will be retest of bottom today.

Aussie Trading Room and Cartoons Gallery

you are seeing the power of the prevailing trend. i am considering long on the bounce area from recent drop.

Aussie Trading Room and Cartoons Gallery

sure

Aussie Trading Room and Cartoons Gallery

looks like aussie bull likes a lot of water. it will be either drowned for all or has to show a sign that has power at least to keep its head up the water

Aussie Trading Room and Cartoons Gallery

you will have a lot more opportunities to buy even at lower price.

Aussie Trading Room and Cartoons Gallery

price usually either goes up or down: more buyers or sellers. we do not have to have answer for everything for the simple reason it is not possible to know everything.

Aussie Trading Room and Cartoons Gallery

Correct, saz and ney (flute). and thanks for introducing us to Armenian music.

Aussie Trading Room and Cartoons Gallery

Perfect! a nice chill out music from the same region: video

Aussie Trading Room and Cartoons Gallery

there is no difference between higher or lower times frames except lower tf is faster. patterns repeat themselves exactly the same way on both TFs. the same rule applies for your S/R and trendlines too.

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