image Here's why the 396 level is important on AUD USD, and I just failed to recognize it this Friday. So the idea for now is to short sell.

High velocity trading

image Quick look at AUD USD H4 I think this one time I made a mistake of going LONG right at the top. The idea for the trade is now to actually short sell the market and target is highlighted by white rectangle now. I will post why this level ...

High velocity trading

image Check out the strong Daily rejection red candle right as the important area of technical confluence. I'd say this is a strongly bearish close on D1 for BRENT. Complication is the fact that we are right @ monthly pivot. However, it does look ...

High velocity trading

now consider USDX holding above support line & 50 fibo & mid pivot. I'd say though Daily does look like it's below important resistance level, H4 shows that USDX is well supported @ current levels now and can go higher now. Just refreshing the ...

High velocity trading

image Now lets add monthly pivot and the channel to H4. Comments on the chart. median line rejected. MS2 rejected with red long-wicked candle. I'd say it's fair to say we are going lower. Looking to short sell below white area. TP initially @ 3600 ...

High velocity trading

image Zoom in to H4. The red reversal stick is right below the line.

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Deciphering price action on EU seems tougher, though let's have a go. Here's the D1 EU chart with the reversal level highlighted. image

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image Here's the first setup I'm considering for the next week. The chart is H4 USD CAD. I'm looking for PA to reverse @ MP in the 9740-9760 area. SL will be 20 pips. TP will be 1.0000 (+240 pips). However, need to look for a reversal candle in ...

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GBP CAD SL hit for -46 pips. Elsewhere no trades got triggered, however overall Friday I lost 137 pips on EJ, GCAD and UCHF. Not the best performance ever for that day overall.

High velocity trading

ok so now next up on AUD USD is 0490, so this should be a good run really.

High velocity trading

game is ON now! finally.

High velocity trading

Let's go euro and AUD god damn! This price action is so slow, I think my grand pa is a strong marothon runner, compraed to this PA creeping 2 ticks per hour. Well, patience is a virtue, reminds me once again.

High velocity trading

image quick USDX M30 update. Patience is truly a virtue. However this + brent strong H4 close does reinforce longs on EU/AUD. image that's BRENT H4.

High velocity trading

me thinks time to go long and make money. Actually I already did and now praying.

The WoRmHoLe

on second thought I can combine the two together, that seems to be working for the lady here! image

The WoRmHoLe

man I'm getting tired of that waiting game, gotta munch on something like donuts, now I see how easy it's to get fat while waiting for that damn PA. Oh well, so it's gonna be donuts ... and then 10 km on the treadmill. lol

The WoRmHoLe

image Now that I consider a pretty strong H4 close on Brent, let's see if that helps the EU/AUD/GU long setup.

The WoRmHoLe

DOLLAR INDEX D1. Nav, I posted this earlier. The deal is that I see USDX D1 long wicks below important level, and also pound index managed a good H4 close above important level, on H8 you can see why that level is critical (kinda). So all in all I'm ...

The WoRmHoLe

guys noone considering longs today on AUD/EU/GU?

The WoRmHoLe

the deal I'm watching now is USDX M30 sup turn res thing, it seems to be holding out, but weak now really, so spoiling my plans for today (long EU, GU, AUD). here it is anyway image

The WoRmHoLe