Have you look at the GU pair? That one is an absolute shorts killer for this few weeks. I thought it was done at 1.46...... now it looks like the pair has an even bigger surprise coming up.

AUD/USD

The pair has got a pretty nice volume sell down since morning and didn't even touch 7500. If more momentum comes in during FOMC and still doesn't break 7500, my bet is it will bounce at that area. I'm not convinced either but i guess a lot of ...

AUD/USD

Nothing has changed on the longer TF charts. If dip comes after FOMC, will be buying bear 7500 - 7530. If we get a buy up beyond 7680, gonna buy some as well. So not shorting this pair.

AUD/USD

Bearish it is long term or at best neutral we can say. Nothing has changed since the lows, numbers are bad and shorts at 7000 and 7500 are still stucked with losses. So nothing has changed, long term is still bearish but the pair needs more ...

AUD/USD

I honestly think the targets at 7850 - 79xx are still intact. Will be watching 2 levels with buy orders: 7550 - will buy if it reaches there 7680 - will buy back what got stopped out if it returns to this level on high volume. In short, nothing has ...

AUD/USD

Yes it is boring..... when do you think this will go down?

AUD/USD

I will be comfortable shorting any price above 7970........ provided we don't get big volume big ups at that level. Meanwhile GU is an absolute killer for the shorts.........

AUD/USD

Won't be surprise if it gets back to around your mentioned level. The area around 7790 was the previous level for the bounce up to 7830. If bulls reclaim that level, chance of the pair testing 7700 again before FOMC is low.

AUD/USD

Is the weekly suggesting anything more? To be honest i seldom use anything more than the daily chart or trend lines.

AUD/USD

If you have caught this move 2 weeks back then it is a great one, must be worth a lot of green pips now. I guess USD will begin to strength again soon, when people focus back to fundamentals as we get near to the resistance levels. Watching the ...

AUD/USD

Nothing much to see......... looking at following top out numbers and range. For AU, 7860 to 7960. For GU, around 14600. No idea how good are these numbers...... guess we will know very soon.

AUD/USD

The problem is has he back tested the strategy on lower TFs? If no, then how does he know it even work?

AUD/USD

After reading the sentence above i will rest my case. If you are doing well using these indicators then by all means continue with what you are doing. The reason i asked about back testing the strategy on the lower TFs is because the only main ...

AUD/USD

yep different people different positions ok sorry strokes. just keep doing whatever it works for you and rake in the green pips

AUD/USD

This sounds like something that can be back tested. Have you run this strategy over the lower TFs? I haven't used most these indicators extensively, but i gather that bollinger is quite a lagging tool isn't it?

AUD/USD

It is common for prices to fluctuate up and down around a support or resistance level by 100 - 200 pips on the daily. I won't dare say 100 pips is more than enough. Traders on daily charts normally spot trends that extend 500 pips or even more. I ...

AUD/USD

I'm curious, how wide do you set your stops based on monthly charts? 1000 pips or more? Hard to imagine because even a 100 pips stop is barely enough buffer on a daily chart. Last i checked the monthly, some trends took like 8 or 10 years to hit the ...

AUD/USD

I do think we have a support here too. Shorting into supports is just risky. Most times even if the direction is correct, it bounces back to test the support again at least once. Actually the prices i have got for the support zone is 7750 - 7708, ...

AUD/USD

Nothing much has changed in my opinion, AU still needs a print above 7850 and GU needs a print above 14550. Both calculations plotted from the bounce off lows in early April.

AUD/USD

Skyrek gave a possible scenario..... as for the top it is hard to gauge and it is always more volatile near key levels. I'm of the opinion the pair isn't ready to do a clean move down because there are still several targets above 7800 not ...

AUD/USD