AUDUSD revisiting past downward thin purple trendline and upward thicker purple trendline. Could we get a bounce here to the upside? Edit: Or we could fall straight to 1.03366 and bounce upwards from there. Up pretty high is my estimation.

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EURUSD not letting up on bearish movements although there is a possible gartley move here. My stop loss may have been hit for nothing. GBPUSD failed to hold on to any gains and has declined to 1.621x. Seems the daily shooting star is giving way to a ...

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I got stopped out of EURUSD at 1.293. Apparently that was a spike down, it has since not gone that low, floating around 1.295. AUDUSD turned into a hammer in 4H. Gonna stop opening any trades to prevent losing money now.

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In fact EURUSD and AUDUSD may just shoot back up if GBPUSD is just lagging. If GBPUSD does its retracement now and EURUSD and AUDUSD shoots up now, it means that GBPUSD will go up the week after (I THINK.) Edit: But then again, COT indicators are ...

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These are the two ways I see EURUSD moving upwards. Assuming EW, I may still be spot on here. Corrective actions to 1.28091 may be the limit before a 1.31 retest. My eyes are set on 1.31242 - 1.3177. The daily doji may have something to say about ...

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Here I spotted 2 ways AUDUSD can move on. Seeing as its respecting the blue fib levels so much, I figured it would be doing something like this. The previous down move could either be a retracement of the up move after the main retracement, or it ...

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With the close below 1.63 and a weekly doji and daily shooting star. It seems that bears have the upper hand. I am definitely not looking to go long at this moment. As I have said last week, GBPUSD is due for retracement, which has not happened. It ...

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Hi, I'm a relatively new trader and I realise the method you're using to trade is somewhat similar to mine. Do you just draw the R1-3 and S1-3 and pivot lines everyday to tell yourself the direction and when to enter and exit?

Restart Trading - Mostly Support and Resistance Analysis

Seems like some form of bullish divergence here while there is also some form of support just below around 1.62 to 1.61668. I'm still looking for PA to test the 78.6 at 1.64208 as well as the upper red channel trend line.

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On the bright side we closed above 1.04296 which has proved to be of good support.

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On the bright side we closed above 1.29344 which has proved to be resistance before the burst to 1.3 and support on 20th September. Should we go up, we should break 1.31, unless we break lower and burst up again (or conslidate where we are now, ...

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I'm on a divergence hunting spree right now. USDJPY and USDCAD on Hidden Bullish Divergences. (Does not mean it will happen anytime soon, but it will happen.. Okay, duh.)

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After closing my positions, I will be looking to go long AUDNZD. TP1 @ 1.27318, TP2 @ 1.27977, TP3 @ 1.30772 (T/S at BE).

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As I mentioned on the first post, I have decided to try out PipTrapper's MACD indicator. I have just analysed the weekly view of my charts and I see plenty of hidden bearish divergences. I am still looking for a top of 1.32 for EURUSD and 1.64 from ...

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I'm going to try this out as well!

EURUSD

The 2nd set of percentage numbers at the end belongs to USD. I put it there as easy comparison for myself. EURUSD: Has been in the green for the past few weeks, which stands true to what PA has been doing up until this week when it failed to break ...

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After seeing the COT sheet I made, I have decided that it may help some traders with decision making. I seem to be biased and not focus on the COT, which I actually should because it tells a story. I will post it up later in the night.

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USDJPY has continued declining since tapping onto my 79.14 prediction 3 days ago. It has actually bounced off a trendline that I drew from April 2012. Should we test 77 or 76, I will look to buy the dips.

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Gold update — Because of such uncertainty, I decided to check on Gold prices as well. We saw a huge burst past 1780 which did not last long and fell back down, forming a doji like shooting star on 4H which followed with bearish bars. On daily, ...

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GBPUSD Update — It seems my call on going short at 1.63 was right although I didn't take it. 4H showed something like double tops, with rejections at 1.63x and 1.629x respectively. Followed by a doji, and a full bearish bar. Daily shows a ...

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