fundamentals are more of an excuse for price to do something it needs to do....regardless of the news result... ECBs recent decision makes that pretty clear I'd think?

AUD/USD

My listing of supply/demand zones < It's dynamic, so, you'll see it update as I input more data.

AUD/USD

As I read your posts, we have a very similar view...My research on price action has derived a few very simple "truths" about currency pairs: - They all have "extended areas" where reversal is highly probable. You refer to this as supply/demand ...

AUD/USD

But those prices are lower because of a stronger NZD. As the currency strengthened inflationary pressure reduces as prices fall more in line with wages... get food and energy costs more in line with wages and you have more disposable income ...

NZD/USD

My observations: (sorry - not chart picasso for this...in the traditional sense anyway..) Current extreme low on AU: .9130 Current extreme high on AU: .9518 nearest term short hurdle: .9330s

AUD/USD

i certainly don't disagree.....name a pair that moves that amount in that amount of time and tell me how many don't give up some of that momentum....my suggestion is merely based on not letting yourself as a trader land in euphoric state....that ...

NZD/USD

IMO: a perfect recipe exists for bad buys on NZD....be patient with the buy buttons...

NZD/USD

This market is riddled with a truth I rarely see any trader accept: The longer things stay the same, the more they need to change.

AUD/USD

predictable...predictable...spike it the opposite direction on news...blow out short stops, make 'em all flop to long thinking it's going to continue...then tank it...what a broken record

AUD/USD

...flip this upside down for this market, rinse, repeat regularly: url

AUD/USD

If you're talking about seeing 9518, I'd call it 100% probable, but in terms of timing, no clue...

AUD/USD

got a short in a little early on AU at about 344. No hesitation with adding shorts up to 518 if we see it...

AUD/USD

FWIW I consider this VERY plausible - at least the "AUD getting too high for our liking" rhetoric...Who knows - maybe some intervention before they have an export problem... EXTREME high imo on AUD/USD currently is about 9520...LOTs of roadblocks to ...

AUD/USD

...welll...I sure can't argue with that other than to say my broker sent me a link to a platform with the buttons coded backwards...

AUD/USD

I'd love to see more documentation on the probability you've mentioned. I don't disagree with the dynamics of the AU changing a good bit in the coming weeks because of the ECBs actions... IMO: all eyes will be on the NZD this week and that will have ...

AUD/USD

All I can say is that it has been a good day for LONG AUD/USD Targets.. (nothing to sell. Not trying to sell anything....should be a valid link to a web based report on AUD/USD Targets that have been hit and documenting when they were hit.) This is ...

AUD/USD

Keep parking in the US if you want, the longer things stay the same, the more they need to change....and the more dramatically they usually do. Please note I said "lesser" of broke western...not least.... the "AU northbound train" will lose steam, ...

AUD/USD

not a bad example at all IMO. Perfect correlation. Look - ALL western governments are BROKE. Australia is just one of the "lesser broken ones".

AUD/USD

This is a market fundamental that can't be denied. Denying it is a sure way to a margin call IMO. PATIENCE is king in this "game".

AUD/USD

Certainly agree - just expressing my own opinion on price action. Just to fake everyone out I wouldn't be surprised by a high .92s pullback that makes everyone think they should be short...this market loves doing that over and over and over and over ...

AUD/USD