people were talking about the direct correlation of eu with au. eu moved more than 70 pips in last 4hrs while au didnt even budge!
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DislikedOn the other hand, an extreme low reading suggests a trending move is probably not far away. Thats all you can do is look at the probabilities. Trading is all about probabilities/odds.Ignored
Dislikedpeople were talking about the direct correlation of eu with au. eu moved more than 70 pips in last 4hrs while au didnt even budge!Ignored
Dislikedpeople were talking about the direct correlation of eu with au. eu moved more than 70 pips in last 4hrs while au didnt even budge!Ignored
Dislikedpeople were talking about the direct correlation of eu with au. eu moved more than 70 pips in last 4hrs while au didnt even budge!Ignored
DislikedThe EA and the EU are moving in sink, but the AU is holding its ground, I would like to see the AU move south to confirm AUD weakness against the major crosses. I am in AC which is pegged to EA but slightly better swap, so while I welcome the EUR strength, it does not mean the AUD is getting any weaker, which is required for any real move.Ignored
DislikedBesides the seasonality, you do have thorough understanding of ADX.Ignored
Disliked60 min chart ADX. Getting very low while prices are near the highs of a down sloping channel and inside ichimoku cloud resistance. The low ADX reading suggests an ADX upmove (trend) is imminent. The ADX won't tell you the direction but with prices at resistance it suggests the next move is downward.
This IS NOT a recommendation. But if you do sell it here, keep your stops tight (low risk).Ignored
DislikedI guess you use a small TF channel. The Aussie will move above your channel and reach H4 UTL.Ignored
Dislikedoh ya... absolutely...! it already look like bears going to take control.... as the price still struck within the channel.... still...
http://www.forexfactory.com/attachme...1&d=1345082728Ignored