That's what I see on the weekly chart. It's longer term though. My guess is by end of 2015, the latest.

AUD/USD

Very well could be some more shaking before the bull baking. If the bears get baked before the bulls at .93, then unfinished business at .75 gets taken care of.

AUD/USD

Shake and bake time.

AUD/USD

Whiplash action to start the week. The books are not yet closed for the quarter.

AUD/USD

Does forex trading also involve ducking fights against major contenders?

Forex Trading Philosophy

come at me bro !!

AUD/USD

Many traders might look at this retracement and think the trend is no longer down, but... (Weekly Chart) image

AUD/USD

Grinding is the key word.

AUD/USD

It was a really good opportunity to short above 9100. You had a nice pullback in a clear downtrend with the Daily 200 SMA just above. The world has some calamity going on as well. It doesn't really get much better than that.

AUD/USD

Price is about 70 pips below 200 SMA on the Daily chart, as of this writing. Price hasn't tested the 200 SMA in about 6 months. I speculate that it isn't going to break through it on first test (if it gets there). As a result, now might be a good ...

AUD/USD

This bounce will give clues

AUD/USD

Get a job. Save money. Invest saved money. That's what I did. I wouldn't get a loan for trading. BUT IF YOU DO... Match loan amount with your own money (at a minimum). Do not borrow more than you have saved. For instance, if you have $10,000 of your ...

Where to Acquire Funds?

Profiting with a 100% win rate is unsustainable. When the black swan finds you, you will know if it's true.

Trading Without a StopLoss

Pennies can add up against you also. Especially when you don't exercise a stop loss.

Trading Without a StopLoss

Reward is proportional to risk.

Trading Without a StopLoss

This has been discussed a zillion times before on this website. You cannot ultimately profit if you continue to trade without a stop loss. That is a fact. Maybe you can get away with it for a year. Maybe two. If you continue on though, you will give ...

Trading Without a StopLoss

Dare to show what? You haven't shown anything.

AUD/USD

Should be noted that the larger loss is not always the earlier position, but most of the time it is with average retail traders.

Trading Without a StopLoss

Well it's not just for me if you post it in a public forum. It also tells me nothing if you "white out" the numbers.

AUD/USD

FIFO shouldn't be a problem, but for many traders it causes mental distress. Many traders just can't get over (psychologically) the emotions of closing a position with a larger loss. For example, if 1000 average traders had 2 identical positions ...

Trading Without a StopLoss