Was short USD/CAD, not sure if this could work. image

Closed with about $150 profits.

The strategy is still working. Some update on AUD/JPY and anothet trade NZD/JPY. image image

The strategy also works on the equity market for stocks that have strong fundamentals. image

Short AUD/JPY. image

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Short EUR/GBP by the basic SMA setup and betting against a stronger Euro and weaker Pound. image

Sure. Will post more charts and explanation later Green pips!

Sure will do once I have time

# Reserve

# Reserve

Thank you for your advice! Will be mindful about that next time

Excited about this thread and wanted to try. Long USD/JPY and see how it goes. image

Through several days of testing, the Fibonacci Weekly Pivot is still a good indicator and I will keep using it forward. Also, I will now move on my trades to the Trading System section.

Short GBP/JPY based on unsatisfactory GBP economic data just released. Yen mostly remains its safe-heaven position. The price might go up higher; if so, then short at another resistance level.

Try getting of all indicators including the pivot levels off my charts. I will trade plainly on the fundamentals and price actions. Here is my report for the past several days.

As for how the Australian dollar could respond, guidance is key. If the RBA lowers interest rates and appears uncommitted to additional easing, the deeply oversold AUD/USD could squeeze up a percent and head even higher on short covering. All they ...

Today I went short the AUD/JPY. The AUD presents itself as weakening currency through the glooming calendar forecasts. With the rates cut rhetoric circulating of the Aussie and safe-heaven bids of the Yen, it is appropriate to start building short ...