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- feelmypecs replied Jun 21, 2013
You guys need to pull your heads out of the minute and hour charts, and into the dailys and weeklys. Anyone who has been keeping an active eye on the longer term charts has been seeing this drop coming since at least December, or not further.
- feelmypecs replied Apr 23, 2013
+Beautiful monthly pinbar forming +Aud slipping Good sign for NZD bears, especially as this pair has been sideways for way too long.
- feelmypecs replied Mar 30, 2013
Forecast of the year. Tripled my account.
- feelmypecs replied Mar 15, 2013
AUD and NZD normally are pretty much in line with each other. Look at the date of any major rise or fall on a daily/weekly chart, and you'll see both pairs show almost identical price action on the same date. Yet this is the second time in three ...
- feelmypecs replied Mar 1, 2013
Holy shit, hell of a drop. I felt if this week ended bullishly, there was a chance for it to have bottomed but with it hitting fresh lows now on a Friday, the latest weekly bar is very far from bullish. Waiting for a bottom on this pair, and I do ...
- feelmypecs replied Feb 28, 2013
I can agree with this. Carelessness costs, and jumping into ill-researched positions rarely ends well. My trades vary in length between several days to several months, but I find its absolutely core to my trading that I look at every single time ...
- feelmypecs replied Feb 27, 2013
I feel similarly. AUD /sometimes/ likes to spit out neutral bars and doji/pinbars in succession before major bearish actions. Ignoring fundamentals, the latest 3 AUD weekly candles just give me a hunch and a sign that there could be more to this ...
- feelmypecs replied Feb 27, 2013
Careful mon ami, carelessness costs.
- feelmypecs replied Feb 27, 2013
Just to give you my input, I would NOT have entered this morning because of price activity so close to a very important price pivot zone. 1.014 - 1.018 is an area where price does a lot of funny things, and major trend reversals occur. I would have ...
- feelmypecs replied Feb 25, 2013
Too lazy to post a chart, but theres a fairly obvious channel since late January on the daily chart. 8331 at time of writing, perhaps itll finally give way...
- feelmypecs replied Feb 24, 2013
Holy shit! Over a 100 pip gap between close and open. Glad I decided to wait a little longer before going in. The daily and weekly chart now leaves me wondering where this is heading. Ill enter if this week is extremely bullish, closing near or ...
- feelmypecs replied Feb 21, 2013
Sweet as pie, closed a 280pip short on Aussie today. Aussie and NZD are deliciously predictable, if a little slow at times. NZD is next to tank in my books, and shooting for 8100 within the next few weeks.
- feelmypecs replied Feb 20, 2013
Well said, and thats exactly why I wouldnt be too harsh on myself. Opportunities come and go, and if you're indiscriminate like me, can exist on many different currency pairs. That said, im someone to who tries to catch the big fish and ride trend ...
- feelmypecs replied Feb 20, 2013
Holy shit, this fucking pair. I wouldnt say im kicking myself, but I do dream of what would have happened if I acted on that pinbar on Jan 1st daily chart. I really wanted to, but was stuck in another trade at the time. Around one thousand pips :O ...
- feelmypecs replied Feb 15, 2013
A fantastic post, and shows that we have a very similar approach to markets and trading. Finding points where the odds are stacked against a currency going in a given direction accounts for 95% of my trading, and the fact is, NZD is at a point where ...
- feelmypecs replied Feb 6, 2013
Id say so; I dont think the markets are completely random. If they were, you'd often see currencies which one day just go in one direction and never head back. They rarely do that, instead choosing to move in waves on every single time frame. I ...
- feelmypecs replied Feb 6, 2013
Thats a very strong bearish candle on daily we have. Ill be keeping my eyes on how today ends. Im puzzled by the lack of corrolation between NZD and AUD lately though - just for the last couple weeks, NZD has developed a mind of its own. We'll see ...
- feelmypecs replied Feb 4, 2013
Good man. As long as your trades leave you with a net positive rather than net negative, its all that matters.
- feelmypecs replied Feb 1, 2013
Something leaves me a little sceptical of the recent movements, and its not just my bias as a USD bull at present. Look at AUD, daily or weekly. Then look at NZD. Compare and contrast the two - they move in VERY similar ways. The action of the last ...
- feelmypecs replied Jan 28, 2013
Interesting movements today, especially the difference in scale of drop between AUD and NZD. As a strong AUD and NZD bear, heres what I can say: -AUD rejected 4 times at 1.06, and 4 of last 6 monthly candles have touched there without breaking. ...