It's not that USD is not bad, but the sentiment towards AUD is worse, with forward expectations on next week's releases i.e. cash rate and statement influencing the action Look at E/U and GBP/U, the rally seems to be sustaining

data speaks more than words baby, its the first time in the the last 4 days its penetrated past a support turned resistance zone (0.8950) , as far as I can see potential re-tracement from here, but I won't bet on it with RBA up next week, cover your ...

my goodness, look at that massive ejaculation

woohoo! party time! long baby!

Good call for the eye on volume, PA wouldn't make sense without it. Can anyone confirm what the volume data (i.e. CTRL-L) in MetaTrader4 is actually representing? Is this market depth or "total no. of trades" for a particular bar? cheers

seems like a false breakout..

wtf... AUD/USD 600 pips drop in one day

what a hilarious series of posts...

I'll remember this one!

Wow, looks like its challenging to pierce through Daily R2 1.4874. If successful, we might actually see 1.4943 R3 today.

Nice rising wedge formation playing out for a possible breakout to the upside. I'm liking the charts, keep up the good work.

Euro $ is falling down... falling down...

That's a good question, I've been following this thread with interest. The AH trade is a good strategy, but what if the price turns against the AH, do you AH an AH?

Locking in profits is always a wise MM thing to do, if it goes down later, u can re-enter

PA still seems very bearish. Price got rejected at 23.6% fib retracement from last week's weekly candle and is kinda heading down... wonder what this week's EUR and GBP CPI numbers will show - should be interesting.

Alright, target hit, doubt can get any lower today... even so, not gonna be worth the effort... have a good weekend folks! trade safe

1.5100 yet another support taken out... S3 at 1.5054 as target.

this is the best i've read in a long time. very educational and insightful, thanks.