DislikedUnfortunately for the bulls, now in bear territory (top of the range)...Ignored
There's always money in the banana stand.
EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply
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
DislikedUnfortunately for the bulls, now in bear territory (top of the range)...Ignored
Disliked{quote} Yes, but there is a lot of kinetic energy set to break out of the range to the upside...guess the news event tonight will be a thruster. Diamond already broken once to the upside.Ignored
Dislikedok, since most of you are buying, I will go opposite and sell either hit target or SL {image}Ignored
Disliked{quote} well, anything is possible. I just don't see it breaking out yet. Maybe after one more touch on the bottom of the range. Pattern looks incomplete to me. Any bullish look to the price this close to the top of the range, but below the boundary doesn't seem conclusive to me. Easy to pull buyers in. The same thing happened to anyone who went short on that huge daily pin bar. Looked really pretty, but it was inside a range, and no room to go. Outside of the range, moving away from it, then the bullish candles will mean something to me. But bullish...Ignored
Disliked{quote} I hear ya, Ben. Always good to get other opinions. This is how I'm seeing it for now. Of course, all is just speculation until something actually happens definitively. {image}Ignored
DislikedGotcha. Looks to me like the thrust to break through the range happened already and now we are consolidating until the news tonight to break higher. At any rate, should be some decisive motion one way or another. {image}Ignored
DislikedGotcha. Looks to me like the thrust to break through the range happened already and now we are consolidating until the news tonight to break higher. At any rate, should be some decisive motion one way or another. {image}Ignored
DislikedGotcha. Looks to me like the thrust to break through the range happened already and now we are consolidating until the news tonight to break higher. At any rate, should be some decisive motion one way or another. {image}Ignored
Disliked{quote} Nice chart Lizzy. I'm curious how the breakout looks if you put the top trendline on top of the candle wicks.Ignored
Disliked{quote} Then you would get this, which butts us up right on the line. Personally, I prefer "best fit" trend lines like in the previous image, since to me they are more meaningful, as they touch more places where price actually traded for some time, as opposed to price extremes that may have only been touched for 10 seconds. Just a personal preference. {image}Ignored