I don't use fibbos, just S/R and an ATR stop, which means I surf the trend until I get stopped. I will be more specific in future. But as for the moment, I'm out. I may take a break to the short side if me make a new low. This is too choppy for me. ...

AUD/USD

What a crap day. Chop chop chop. I'm out at breakeven.

AUD/USD

Going long @ 9800

AUD/USD

It all seems to depend a little on whos data you use, but it looks as though the daily head and shoulder might start to pan out. I don't make decisions on candlesticks but yesterdays looks ominous. Any comments on this are welcome. image

AUD/USD

chop chop chop..... I think I'll stay out of this until the London session.

AUD/USD

I think it may be the RBA selling it down at around parity. They often silently intervene. They did last time it hit .60 (bought to prop it up). For the mining to operate effectively on the world market our dollar needs to trade between .7 and .8. ...

AUD/USD

You are right in what you are saying except I think that the market has priced in the no rate rise. When times are uncertain people are looking for safe havens and at the moment the aussie economy looks fairy stable and is offering high interest ...

AUD/USD

I was following that pattern and would like to agree with you but I believe it has failed, although tonights action will be interesting. The recent activity is either a bull trap or we have been experiencing a pull back.

AUD/USD

Triangle — A realiable pattern, I wonder if it will hold. image

AUD/USD

The GBP just got smashed and the EUR is looky toppy, I wonder if the AUD will reflect this?

AUD/USD

Yep....I wonder where all the chest beater are now??

AUD/USD

Hey AcidH4X, any chance you can tell me what is that indicator (I think the Fractals based one) on you chart is, and where can I get it? Thanks

AUD/USD

Yes but daily is still down. Also the USD/CHF is screaming upwards again. Will be interesting if it holds.

AUD/USD

One thing that confused me, Aussie economy is much stronger than Euro why does it fall in tune with Euro?[/quote] You must also remember that most of the majors are trading against the US$$$, so they will all move in tune, only at different ...

AUD/USD

Thanks for the heads up mate, but is there any chance you can tell us where you are getting your info so I can take a look myself?

AUD/USD

ATR — So far today this sucker has dropped 205 pips, way over its daily ATR. I really want to short this but I think that statistically it has moved its max for today.

AUD/USD

Bully??............maybe. But you saved some people a lot of money. It's about time I met someone on this forum thats not a smartarse (by trying to pick turning points) by trying to short a trend!

AUD/USD

So true. But our super high interest rate is also a major contributor.

AUD/USD

Yeah me too. But don't play with fire. Most traders who go broke try to predict turning points. If its any consilation, Friday is usually a bit of a wild card day and may swing either way.

AUD/USD

Its good to see someone else knows what a high Aussie $$ will do to our economy.

AUD/USD