DislikedMsniper I just wanted to say your avatar is the best. I love screaming bears. I'm long audusd holding til thursday.Ignored
hehe ya i love it too good luck with ur long
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DislikedMsniper I just wanted to say your avatar is the best. I love screaming bears. I'm long audusd holding til thursday.Ignored
Dislikedi was planing to go long but i will go next week better stay with no open trades this weekend
any way this is what i think that could happenIgnored
Dislikedi was planing to go long but i will go next week better stay with no open trades this weekend
any way this is what i think that could happenIgnored
DislikedIf I was going long from , S3 = 93.02
Was wondering what would be a good S/L?
10, 15, or 20 pips under support? Any views appreciated in general about S/L from resistance/supports.Ignored
DislikedUnder the next major support area is always a good spot for sl. Next support at 8950 area .
Are you scaling in on your long positions?Ignored
DislikedWow. I can take risks, but not like that. My S/L now is .9270.
AUD/GBP could be an opportunity. More pips. I am just not sure where AUD is going. In the short-term I'm hoping to range .93-.95 for a while. In the long-term, it might go to .50 or 1.5 in the next years. I get feeling most are on short side, but 2 weeks ago, at 98.5 everyone was bullish. Reading analysis from difference sources, a week ago everyone was saying buy at .95 and now everyone is saying short to .91 or so. One thing for certain is that when EU was at 1.6 many were bullish and saying 1.62,ect, and now that it's going down, everyone is bearish, but those that made pips were the ones that shorted at 1.6 and bought at 1.53 when everyone was bearish. I don't know what to think, but I will use good R/R, and try to pick the right side of the trade.
GBP/AUD Monthly. On this chart, I do see a triple bottom, and may mean the beginning of a rally.
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GBP/AUD Weekly. This chart, I drew lines in such a way showing the possibility of a continuation of a downtrend, but I'm certain others can draw different lines and show it's bullish now. I have no bias.
AttachmentIgnored
DislikedClouds take a look at this. This is what I'm looking at. I am trying to help so you can take it or leave it. No disrespect intended. I always start my trades looking at the weekly chart. As you can see there is a reversal in play or strong correction. How low will it go who knows? How low can it go? It can always go lower.
My wkly chart shows a tl break and this thing is dropping like a hammer.These counter trend trades can be strong. So for now I am only short. I trade off a 4hr channel and trendlines. Go with the flow it's easier.If the 4hr channel is broken long at that time I will look for first correction to go long.And not until then. I may not get the swing to the pip, but it will be heading long and I will be trading with the flow again and my chances for success are greater. It's not who is right or wrong, it's all about making money.Ignored