Doesn't matter what I think, I wouldn't be surprised at all seeing 1.12 cracked, it's both technically and fundamentally a more probable outcome then seeing it drop down to 1.04 levels.

AUD/USD

Classic.

Spider's Den

Sorry for being rude — Hello and welcome, so in your third post ever, this is what you call a downtrend? Thanks for coming by.

AUD/USD

Never trade it myself but the cross is a always a good representation of strength/weakness between and across the channel This one might go off soon.

Spider's Den

Cheers, EUR/GBP forming a possible bullflag on M5. Might finally be a sign of increased Sterling weakness ahead of tomorrows QE announcement. Getting increasingly hard to manage trailing stops and take decisions to collect profits, gonna waste a lot ...

Spider's Den

Getting greedy here with cable only 160 pips combined, will start trailing 5927 short with 40 pips, still holding Aussie long though, 42 up. GBP/AUD back at 100+ pips... Market in love with me today. FTSE 100 paired all gains today btw.

Spider's Den

13.00h GMT

Spider's Den

As long as DAX and FTSE are gaining and S&P futures are up, I would not attempt to short this pair, just my two pips that can save you a lot of money.

AUD/USD

Also missed a good long on the Aussie at 0755, was waiting for 50% retrace from initial rate decision move but support was found around 38.2 already. Long today after multiple rejections around 23.6% Just fibs and sentiment, nothing more nothing ...

Spider's Den

That's a given mate Missed another good entry earlier today by a few pips but still holding onto 4760 short from RBA rate decision yesterday.

Spider's Den

Sure, I'm long Aussie at the same time tho, hedges well against any drawdown. Edit: currently AUD/USD +57 GBP/USD -32

Spider's Den

SL and entry mixed up? Did you have enough sleep this morning?

AUD/USD

111 lots? Sell? WTF?

AUD/USD

Hi everyone! Been wrong yesterday with cable, might be wrong today again but can't help myself but expect a top formation soon and a trend reversal. Divergences on higher TF's and fundamentals, also previous rising support TL now acts as ...

Spider's Den

Plenty of shorts getting squeezed in widely expected QE3 expansion, obviously lot of stops need to be shaken out first, that's why I would have a problem with $1.60+ Then again, Greek deal combined with APF left steady and who knows where we'll be ...

Cable Update (GBPUSD)

The Greenback is a worthless piece of paper

AUD/USD

Yep, all you need is strong nerves patience and plenty of margin to cover drawdown, and first and foremost, confidence

Spider's Den

My H4 closed clearly above the flag for the first time, looking like proper break now. Had to close my G/A short with +10 cause Aussie looks capped below 1.08

Spider's Den

I literally don't use any setups or indies on this pair, I'm stuck with my bearish bias and but decide entry mainly by following PA in GBP/USD and comparing it with AUD/USD. I could use correlation tables and whatnot but having those two charts open ...

Spider's Den

Probably, if I wouldn't enter cross pair trades by judging individual strength to USD. It's a weird method I know.

Spider's Den