Its just news fluctuations, right? The trends should go back on course soon after the chaos has settled down? ANd this gives us new opportunities to open more positions on pairs as they enter OS/OB. EDIT: It seems like all my trades are ...

Third Screen Strategy - Dr. Alexander Elder

WOW I have NEVER seen fluctuations like this in my life. VERY EXCITING to see. EURAUD IS OB. AUDUSD is OS. NZDUSD IS OS.

Third Screen Strategy - Dr. Alexander Elder

WOW we just took a huge hit hahahahhahhahah that was insane time to look for OS/OB and open even more positions hehehehe

Third Screen Strategy - Dr. Alexander Elder

He means there would be a high chance of your trade going in the direction of the trend, since both indicators are in agreement.

Third Screen Strategy - Dr. Alexander Elder

The W% indicator on 1H is to wait for overbought/oversold levels. Not the trend.

Third Screen Strategy - Dr. Alexander Elder

I know. I'm just telling you to make sure you use a 260 SL.

Third Screen Strategy - Dr. Alexander Elder

100pips suggested a 260 SL with this pair.

Third Screen Strategy - Dr. Alexander Elder

The issue with my last GBPNZD position was that the SL wasn't big enough, and it may have been placed slightly too early.

Third Screen Strategy - Dr. Alexander Elder

I currently have two positions open on GBPNZD. Both are doing well.

Third Screen Strategy - Dr. Alexander Elder

100pips, I have a basic question. Why do you not open more positions across other pairs that have a good chance of reversing (GBPNZD, ect), rather than these common ones you have displayed on the explorer ? Thanks.

Third Screen Strategy - Dr. Alexander Elder

Very interesting read.

Third Screen Strategy - Dr. Alexander Elder

100pips, Where do you think the FOMC will leave us? Take our trades in our direction, or against us?

Third Screen Strategy - Dr. Alexander Elder

You were deep in the red with a 6% drawdown. Now you've recovered the 6%, and the fun starts.

Third Screen Strategy - Dr. Alexander Elder

You could say we have a conflict of interest here....

Third Screen Strategy - Dr. Alexander Elder

100pips, What do you think of the EURCAD analysis? Good potential short if it plays out? Price has already started a downtrend on the hourly after it hit the double top resistance level.

Third Screen Strategy - Dr. Alexander Elder

EURCAD analysis: Weekly is currently in a price trend ending consolidation zone. It has hit the resistance and failed to get past it as of yet. image Daily has a potential double top formation occuring. Its too early to say, but if this double-top ...

Third Screen Strategy - Dr. Alexander Elder

Just to add onto my analysis of GBPNZD, it also had a double top formation. Big signs of a reversal on this pair.

Third Screen Strategy - Dr. Alexander Elder

Do you still think its a good idea to take the trade, or should I just let this one slide?

Third Screen Strategy - Dr. Alexander Elder

AUDUSD, NZDUSD and GBPNZD about to all hit OB/OS. New chance to open positions.

Third Screen Strategy - Dr. Alexander Elder

Yes, indeed. GBPNZD analysis: We can see price retraced slightly after the long term uptrend, indicating that the bulls lost their power over the trend, then regained it after another retracement back up. However, price could NOT make a new high, ...

Third Screen Strategy - Dr. Alexander Elder