nope, on the contrary we should sell on strenght, but it seems like market did not give this chance I'll wait for this selling wawe to end and then look for an entry point 0,8950 and then 0,8910 is what I see on my chart

AUD/USD

we could see a second wawe of profit taking especially during late european session and us session early session we could see some upward moves that would allow to safely sell on strenght area 0,9120 - 30 should contain any bouce, with the trend ...

AUD/USD

yes but I expect recover during Euro session before the big drop starts this is a bad beast

AUD/USD

it should it should, it looks like profit taking started yesterday on AUD, is following with EUR and now gold

AUD/USD

probably no, but I prefere to wait for at least two positive candles on the 15m chart and then start selling and increase on strenght or on the confirmed break of 1179

AUD/USD

agree, I am waiting for another upshot towards 1185 - 90 to start selling with one small lot I still don't trust to sell it on weakness

AUD/USD

thanks mate, first I want to share it with you and the other mates here on our AUDUSD thread, these ideas surely need some improvement and suggestions

AUD/USD

hi all! I did not trade much lately cause I have been busy writing and testing some rules on my strategy of course it can't work properly for every trader, but I hope it may be a source for discussion reading, comments and critics are the most ...

AUD/USD

hi bones, do you see gold capped by recent highs at 1195? yesterday we had the first red candle on a daily basis, shall we wait for further confirmation on the weekly, maybe next week?

Daily candle chart

closed one long with small profit I have a small lot at 86,52 will add close to today's low at 86,30 just in case and reverse to short if it breaks that low I don't expect that to happen, but never say never with this jpy...

USD/JPY Discussion

I have a pivot at 1,5038 will it hold it or can we see a pullaback towards 1,48 again?

EURUSD

do you see 1,5038 pivot point broken on the downside?

EURUSD

I am trying a long with a small lot, but this looks scary..... MOJ is monitoring, that probably translated from japanese into english means we don't intervene at these levels, and USD crashes more long at 86,58 with stop at entry

USD/JPY Discussion

it works, now you can keep stop at entry, you could take half of the profit around 0,9150 and let half go in case of further weakness in case of confirmed break of 0,9150 more drop could be seen this week

AUD/USD

hi all! upside quite limited from here good to short between 0,9275 and 0,9258 with stop on sustained trade above yesterday high first target is 0,9150 - 60 in case of break of that area, sentiment would change from neutral to bearish, and right to ...

AUD/USD

thank you baz and john, I also see the divergence, and though is still early to bet big against it, I will try to short with a minilot around 1165 with stop on sustained trade above yesterday london session's highs (1166/67) if it does not break ...

Daily candle chart

hi baz and all! can I ask you to have a look at gold? trend is so strong, do you think there's room for a retracement?

Daily candle chart

hi! unfortunately I still have it and with this gap up I have to hold on it for the moment gaps are always dangerous to play, I expect some more strenght before closing this gap and probably fall further well this is clearly speculated, and even ...

AUD/USD

10 $ gap up on gold this morning??

AUD/USD

the real and inverse correlation is between gold and usd I am short from 1134, but I don't want to increase my position until I see clear strenght in USD, that would mean EURUSD below 1.4810 and GBPUSD below 1.6515 and AUDUSD stable below ...

AUD/USD