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.

+Beautiful monthly pinbar forming +Aud slipping Good sign for NZD bears, especially as this pair has been sideways for way too long.

Forecast of the year. Tripled my account.

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 ...

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 ...

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 ...

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 ...

Careful mon ami, carelessness costs.

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 ...

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...

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 ...

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.

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 ...

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 ...