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5percent replied Sep 27, 2013often when price breaks a critical level of support/resistance, and shoot up or down, it may retrace, to break out point, look like it did. I will still be opened with buy stop above current's hi on aud usd above that 0.95 level, if it gets there ...
AUD/USD
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5percent replied Sep 27, 2013i think weekly and monthly may close very near to 0.9320/40. below 0.9280, bear in control.
AUD/USD
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5percent replied Sep 27, 2013earlier there was a news about tapering possible delayed into 2014? anyway, price already moved, not every move need an answer.
AUD/USD
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5percent replied Sep 27, 2013i highly suggest not to use buy / sell limits at all. they might be possible in asia if there isn't news. i might be wrong if your position is a live sell already. market will experience slippage when there's a sudden volatility and slip to the next ...
AUD/USD
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5percent replied Sep 27, 2013looks like another false break again. we have another new lower hi at 0.9368 now. second lower hi 0.9375. above 0.9375 i will turn bullish also.. 0.94, 0.9375, 0.9368
AUD/USD
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5percent replied Sep 27, 2013my uj hit my estimated target. on a larger tf, uj may hit 98.10/20 area again based on estimated target. that's if yesterday us low at 98.50 is breached, where sell stop below 98.48 will be there to catch the move. Long on aud is BE. My entry may be ...
AUD/USD
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5percent replied Sep 26, 2013you may call me anything you want or comment anything you want. everyone have their own trading methods and ideas and strategy. Thus, i respect your trading style and opinions. and hope you may do the same by being neutral then biased just because i ...
AUD/USD
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5percent replied Sep 26, 2013bro, you are a swing trader and hold position for days or even weeks or month. you speculate along with fundamental. and wait for trade to hit your levels you wanted. But i am just technical, with fundamental as catalyst. I trade price on ...
AUD/USD
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5percent replied Sep 26, 2013i only see on 0.9355 as the next hurdle. i follow price based on the nearest scenario/recent price action as that reflects to me what's happening now[ this is how i see price ], that's me, like i said i just state what i see, i can be wrong. as i ...
AUD/USD
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5percent replied Sep 26, 2013test of asia low is completed after a move up above 0.9348 for no more support turn resistance channel and price to sustain at that level, then retracement is likely. Asia hours has the best risk reward s/r technical trading. But requires patience. ...
AUD/USD
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5percent replied Sep 26, 2013live trading scenario -> i shall not display the audusd
, don't like to mislead. But here's how UJ move. One tip, don't fall for those theory - candlestick patterns, indicators about overbought or oversold etc. I will definitely sell below every ...AUD/USD
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5percent replied Sep 26, 2013pull back resistance on min 5 @ 0.9348. zoom in after big bear marabuzo we have a pull back failure at 0.9348. So we are still seeing resistance meanwhile, only a clean break above 0.9348 then a test is completed on asia lo. Price may continue to ...
AUD/USD
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5percent replied Sep 26, 2013quit trading for awhile, acceptance - > as experience and school fees to MR.Market. Take a break, re learn from scratch, forget about the past and losses, sometimes your business is just not making money, either ur fold earlier then to keep ...
AUD/USD
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5percent replied Sep 26, 2013normally, i never trust a fake out during Asia or Lone us session unless there's liquidity coming in from news event. Unless there's a on going breakout or huge trend after a fundamental event. Such time, i will take it as false break or overshoot, ...
AUD/USD
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5percent replied Sep 26, 2013tricky pa the entire of this week in the us sessions. quite pissed, waste my time. asia and europe is so much easier to trade. us sessions keep confusing me whether i am right or wrong, and make me take a lot of be stops instead. this is why i never ...
Cable Update (GBPUSD)
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5percent replied Sep 25, 2013technical vs fundamental. Fundamental not always predictable, one guy talk = gg break out. technical there to measure risk and cost. break yesterday's high already, price is bullish, look to buy on pull back after a support found on this pull back. ...
USD/JPY Discussion
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5percent replied Sep 25, 2013this PA makes me vomit blood, its worst that asia hours... sell stop below 1.6064 for retracement only, price likely to stall at 1.6030/40 for a likely resistance turns support for closing. If price cannot close above this level hourly, sell stop ...
Cable Update (GBPUSD)
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5percent replied Sep 25, 2013indecisive pa during these 2 US news. hourly close fail here will look to short from range top for retracement. GU at daily resistance level.
Cable Update (GBPUSD)
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5percent replied Sep 25, 2013gold version, figure out for those who understands price action without having indicators to confuse themselves. This applies the same across most stocks/pairs i know of.
AUD/USD