Dislikedbelow double bottom...............................................
not beside..Ignored
daddybearforex. com
Trading Cartoons and Pics 2,829 replies
EUR/USD Trading Room 328 replies
Do The Trading Room 20 replies
Dislikedbelow double bottom...............................................
not beside..Ignored
DislikedEveryone here, don't think something sexy. I am using another art to explain the Aussie's next moves. You may think the model is the Aussie.Ignored
Dislikedi see,
is that why sometimes oz referred to as "down under"???
art it is..Ignored
DislikedOne thing about head and shoulders formation - they sometimes fail, as is the case in this NZD scenario a while backIgnored
DislikedHence, it is wiser and safer to utilize the following strategy - here is the current AUD chartIgnored
DislikedHence, it is wiser and safer to utilize the following strategy - here is the current AUD chartIgnored
DislikedIn fact, I have been only talking about the blue H/S not the white one.Ignored
DislikedThe white one is probably more important, as it would signal a move to 0.98 - in fact, the white one allows AUD to move much higher without invalidating the H/S formation.
At the same time - if Aud were to move to 1.06 - it wouldn't really be h/s formation - more like range trade. A breach of range is the key, regardless of the formation name.
In the end - two crucial levels are 1.06 and 1.015 - a breach of either of these would signal the next move.Ignored
DislikedMy view is still the same and I am focusing on the blue H/S pattern. FIB 61.80 % may be the low.
http://www.forexfactory.com/attachme...1&d=1351397919Ignored
DislikedWhy? Where is Harry Potter? Does Harry Potter trade the Aussie too?Ignored
DislikedThe Aussie has stayed within a narrow range since Sunday open. Will she stay this way forever? I wouldn't think so. But, which way is she heading to?Ignored