Living the currency lifestyle! ... so I need more sleep.
Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Ranging pairs? EUR/CHF, EUR/GBP, AUD/CAD? 0 replies
The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies
AUD Trade Balance and AUD Retail sales 6 replies
DislikedYep! Stopped me out for another loss...
LOL
Head and Shoulders on the Weekly so EUR/AUD should head up to 1.40 or so according to pattern. I was right with my initial bullish bias but got in a little early. Then I thought TL was broken only for price to shoot right back up before daily close which ended up closing out shorts for a loss.
Oh well, will sit this out for a little longer and will keep an eye on price action before jumping back in. EUR has been extremely bullish when looking at all majors as well as cross pairs....Ignored
Dislikedhttp://content.screencast.com/users/...02-04_0203.png
Confluence
The below are key figures that were determined from multiple layers of indicators at a price point. Bids are support, while offers are resistance:
1.3250 - (Offers) WR1, DR2, MR1
1.34 - (Offers) WR2, MM5
1.3530 - (Offers) Mr2, WM6
1.3060 - (Bids) WPV, MS1
1.2930 - (Bids) DS2, WS1, D9EMA
Strength
All of the below are measured in respect to the 1H9EMA:
DPV - Below
WPV - Above
MPV - Above
Daily...Ignored
DislikedI think this pair can't go up so easily. It would be better to buy near 1.28/27.Ignored
DislikedThank you SunnyBeach! I will start tracking all of my open positions in this thread for anybody to follow. Also, I'll be linking a demo account to my Trade Explorer which will mirror my live trades as best as possible.Ignored