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2+2=4ex replied Oct 22, 2014Bear is just taking a nap right now. He is in no hurry. The bear knows the longer he waits the more bull traps get full and more food to eat.
AUD/USD
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2+2=4ex replied Oct 21, 2014Looks like it is at that TL now. Could see a small bull run if price goes above it. The question is how many bulls are around at this time?
AUD/USD
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2+2=4ex replied Oct 21, 2014My opinion on scheduled news reports is that they are a coin flip. Without knowing the positions of all market participants, especially large players, there is no way to really know how the market will react with everyone's expectations. That is why ...
AUD/USD
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2+2=4ex replied Oct 21, 2014For a little while there it looked like a retrace might happen when T2 & T3 closed higher than T1, along with B2 closing higher than B1. Then T4, T5 and T6 couldn't make it back to T3 price and now it's looking heavy... image
AUD/USD
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2+2=4ex replied Oct 21, 2014I concur.The only time I think an indicator is useful is when it provides factual information that saves you time. For example, if you wanted to know how many candles closed lower out of the last 10 an indicator might be useful cause it will give ...
AUD/USD
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2+2=4ex replied Oct 21, 2014This setup looks very good for a good fake out or two. As we've already seen, depending on how you draw your trendlines, we've already had at least one.
AUD/USD
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2+2=4ex replied Oct 21, 2014Nice chart Lizzy. I'm curious how the breakout looks if you put the top trendline on top of the candle wicks.
AUD/USD
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2+2=4ex replied Oct 21, 2014C'mon bears!! Grab the bull by the horns and body slam him. By the way, who do you think would win a real life fight between a bull and a grizzly bear? I'm thinking the bear if it can avoid being stabbed by the bull's horn.
AUD/USD
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2+2=4ex replied Oct 21, 2014I don't know if it's the holy grail or not, but I do know what Australia's greatest export is...
AUD/USD
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2+2=4ex replied Oct 21, 2014It probably doesn't mean anything, but it is crazy similar. I was just pointing it out for fun.
AUD/USD
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2+2=4ex replied Oct 21, 2014image Interesting (to me at least) how price followed a very similar path within a smaller range as it did previously on a larger scale.
AUD/USD