I think Im having some problem's regarding attachment of screenshot's...Anyone's else have ...???
![](https://resources.faireconomy.media/images/emojis/64/1f644.png?v=15.1)
DislikedThanks Fising...And goodluck again to your journal also... I was bit busy throughout the day and only did this successfull trade and lock +30 Pips even it drop's for +64 Pips ... I was expecting the same move but im trading according to some rules & im strick to my rules like stop's, Money Managment & Profit target's that's why im doing good yet...
I think Im having some problem's regarding attachment of screenshot's...Anyone's else have ...???Ignored
DislikedI have the first zone of 109 to be crossed if we can cross that with a hard break then we could be looking at atleast 200 pips in downward movement..Ignored
DislikedGood bullish movement of this pair for +76 Pips' yet same as i expected... for more see screenshot for detail...
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DislikedGood bullish movement of this pair for +76 Pips' yet same as i expected... for more see screenshot for detail...Ignored
Dislikedi read ur footnote inside the chart.
i dont believe that with gold around all time highs we will c a bearish move fundamentally speaking.
technically speaking ur analysis was gr8 and i agree with u 100% cause my technical said we will witness a bearish move. if it reaches 9090 (major support in my opinion) we will witness more south movements..Ignored
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I dont bother on indicator's much... Im a technical forex trader and believe on trendline's, channel's , Fib's, S/R & Other related trading method's... You read my footage inside the screenshoot where i said that im predicting a good bearish movement only if AUD/USD Successfully break's the lower line of strong channel in a daily chart coz my focus is on it now... I didnt said that i enter for short coz SSTO is in a overbought region...Read my all previous post's with my analysis... Preety accurate yet ... Anyhow i dont focus fundamental analysis much... but avoide to enter in an important new's announcement... Here i just try to give an easy explaination in my screenshot's coz of lot of newbie's... so they can easily understand... Otherwise my chart's are alway's filled with Fib's , Trendline's , Channel's , S/R , PP & SOME COMMEN INDICATOR'S....Ignored
DislikedHi there mchael,
post 141 by jurassic gives you a somewhat simplistic, but none the less, true
answer.
The above quote comes from jurassic also, it is great to just accept that sometimes we are wrong, we are allowed to be, we are humans....Ignored
DislikedI suppose for traders of which this board is for, you're right none of the long term, key economic factors matter. I suppose really for FOREX traders FOREX trading is just another horse race and at the moment the AUD is a nice horse.
Looking at the data of the horse for this year, it's just about out of steam and spent - it's a 75 cent horse trying to look like a 90 cent horse.
As much as the Jockeys would love it to get to $1, she just does not have it in her. If it does, this mare will keel over and die sparking a big crash and a lot of carry traders will make massive, unprecedented losses. See a $1 AUD will do massive damage to the Australian economy. The bigger the swing up, the bigger the crash down. AUG 07 proved it with a dump in the range of nearly 12 cents in days.Ignored
DislikedI suppose for traders of which this board is for, you're right none of the long term, key economic factors matter. I suppose really for FOREX traders FOREX trading is just another horse race and at the moment the AUD is a nice horse.
Looking at the data of the horse for this year, it's just about out of steam and spent - it's a 75 cent horse trying to look like a 90 cent horse.
As much as the Jockeys would love it to get to $1, she just does not have it in her. If it does, this mare will keel over and die sparking a big crash and a lot of carry traders will make massive, unprecedented losses. See a $1 AUD will do massive damage to the Australian economy. The bigger the swing up, the bigger the crash down. AUG 07 proved it with a dump in the range of nearly 12 cents in days.Ignored