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- Cultured replied Jun 4, 2014
1.666 was a strong area of resistance around March, like 3 week's worth, so I agree that there will be support for the pair around here.
- Cultured replied Jun 2, 2014
As a business owner in Melbourne, we had the worst turnover in April in 14 years. There's no way you can extrapolate this to the whole nation, perhaps it was just us, but I believe the budget definitely had a negative impact on consumer spending. ...
- Cultured replied May 23, 2014
With the 15min chart on a 2 pip grid, it's fair to say everyone is waiting for the news.
- Cultured replied Apr 1, 2014
Be careful, it's not actually a double top. It was a higher high yesterday. Just saying.
- Cultured replied Feb 28, 2014
Hard to say for me, 4H indicators a mixed, but mostly long, a 90 pip pull back from today's high says short. I could see it retesting the month's high, at least 1.68, but who knows! I'll be trading the price action in the moment
- Cultured replied Feb 28, 2014
Yo, what indicator are you using to signal short so early (at the time of your post)? Or do you trade by gut? Granted, it was overbought on many indicators, but the short term trend was/is still long my end. Just curious how you get your signal.
- Cultured replied Feb 26, 2014
I (almost) always wait for the news on the AUD, it can spike like a biatch. Best to wait and trade the fallout imo. Happy trading
- Cultured replied Feb 21, 2014
My thoughts: Although in a current short trend, the candle behaviour on the 4hr looks like a retracement pattern. I'll keep taking short positions on the highs of the 15M chart, until a trend reversal occurs. A hammer pattern with a long wick is ...
- Cultured replied Feb 14, 2014
Good luck! I'm waiting for a red candle on the 15M before thinking about shorting this pair.
- Cultured replied Dec 30, 2013
My advice would be to find the system you like and hone your skills on it, don't jump around too much. All the best for a successful 2014.
- Cultured replied Nov 12, 2013
200 is what you enter, this will then relate to whatever time frame you have open.
- Cultured replied Oct 4, 2013
Looks like they've moved the announcement. Shame too, NFP Friday is my favourite night to trade
- Cultured replied Sep 18, 2013
I like their charts, but have been using Pro Real Time charts for ever. I used to use CMC but they went pear shaped OS and didn't want to risk losing my dough...
- Cultured replied Sep 18, 2013
I've been using IG for years, had no problems. Good spreads (from .8 to 2 pips for major pairs, varying with the amount of action in the market) Trades are executed 99.99% instantly at the level you requested. Responsive support when needed.
- Cultured replied Aug 12, 2013
Great advice. I don't even look at the forums until I've assessed the market myself, and then only to see if anyone has seen something I haven't. Happy trading
- Cultured replied Aug 12, 2013
lol...yep, the skill is to react with the market and not to the market...
- Cultured replied May 1, 2013
Text book pennant trade. Price breaks trend line, retraces to previous trend line and continues in direction of the trend.
- Cultured replied May 1, 2013
I'm waiting for a break and retracement of this 4H pennant before I get interested...
- Cultured replied Dec 14, 2012
Trading around the pivot is always difficult. I'm looking for a break of 3060 for short, or it could settle at 3100 today.
- Cultured replied Nov 13, 2012
IMO it's a bear market until the daily shows a reversal signal. There's still room for drop down to 1.2650 or lower. I'm selling the 15min highs until I see a hammer or something on the daily.