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AUD/USD

So with gold now at 1214.40 is it overheated or is it just teasing us.Of interest was how the market showed it no respect last week in the Dubai dip or drip! I for one have little idea at the moment but to trade what you see.
Quoting siboy
So with gold now at 1214.40 is it overheated or is it just teasing us.Of interest was how the market showed it no respect last week in the Dubai dip or drip! I for one have little idea at the moment but to trade what you see.
Yes I belive we will see a retract very shortly........I have added more short on my position
Quoting sinner-
Alright I saw that and was going to add a chart with label "is this supposed to be the head?" hehehe.
Much appreciation for your thoughtful analysis.

I'll consider it payback for that kiwi setup I turned you on to.
"Timing Is Everything. Really I Swear It Is"
Quoting sinner-
Rising wedge on M30 which I posted earlier is still being respected. I am waiting for the formation to play out before testing anymore supply today. Daily R1 looks to be on the cards for London.

If this is the yearly top as Tex is hoping, then it will be easy shorts for a long time to come anyway, so I am in no hurry to test supply yet.

See you London lunch.
Wedge got taken out. BTW I don't "hope", I "plan"
"Timing Is Everything. Really I Swear It Is"
Quoting TexasforEX
Much appreciation for your thoughtful analysis.

I'll consider it payback for that kiwi setup I turned you on to.
Best setup of the year, could've waited all year for it and made your annual profit from that perfect trade alone. I would've should've bet the house on it!
Possible M30 accumulation showing up here. The last bar close was bullish (to me anyway) not bearish. Push to wedge upper trend line still possible.

Not trading this, why bother.
Attached Image (click to enlarge)
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Quoting sinner-
Possible M30 accumulation showing up here. The last bar close was bullish (to me anyway) not bearish. Push to wedge upper trend line still possible.

Not trading this, why bother.

Thanks anyway
Price is what you pay. Value is what you get
Quoting sinner-
Possible M30 accumulation showing up here. The last bar close was bullish (to me anyway) not bearish. Push to wedge upper trend line still possible.

Not trading this, why bother.
Why you not trading it ? you dont think it will break out to above 0.93 ?
still holding longs, I see no reason to go short at this time, the case of expanding triangle is getting more interesting at 4hr chart, which is bullish , I still stick to my very old Ending daigonal analysis for Daily chart which 5th wave getting around .9450- .950
Attached Image (click to enlarge)
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Has anyone ever used or tested Forex EA Shark 5.0 Ultimate automatic trading system ? I would be interested to know how it worked for you ?
Quoting Daytrader74
Why you not trading it ? you dont think it will break out to above 0.93 ?
Why add more risk to a risk free pile of contracts? I am long from yesterday, banked 20 ticks for myself during Tokyo, all done. Just checking the chart every now and then to make sure I haven't missed something spectacular.

Green MA on my chart above is still holding the price up, obviously waiting for NY open.
what should i mention in FOREX experience?

I want to apply for a job as Java developer in Forex platform. I am doing FOREX trading for last one year..and i am doing quite great..My account is almost 8 times my initial investment. I know all technical indicator and good function knowledge. I am so surprised, How do i mention my forex experience in my resume? Please help.
nzd/usd just about to POP north ...
Quoting Sunnyjain
what should i mention in FOREX experience?

I want to apply for a job as Java developer in Forex platform. I am doing FOREX trading for last one year..and i am doing quite great..My account is almost 8 times my initial investment. I know all technical indicator and good function knowledge. I am so surprised, How do i mention my forex experience in my resume? Please help.
consistent profitable forex analyst
Quoting pepbullish
MyShorT

Entry: 0.90878
SL: 0.92192



Attachment 368844
Bad trade pep!
forget it and drive on!
evening everyone
Aud goes within 3 pips of weekly targets at 9298. I exited all contracts last night as the weekly move is exhausted and we look like we are heading for a drop in the index markets over the next 24 hours which will take the currencies with them. No more trading till next week for me.
Good Morning all,
My calculations for the daily range for today ( Sydney time) is low of 9210 and high of 9290. At the moment its is sitting on 9250 almost in the center with a slightly bearish bias. Retail sales figures due out in just over 2 hours will give us the direction. If you have any ideas or have calculated your range and its different to mine please share. Would love to learn.
Find a job that you love and you dont have to work again in your life.
amyc, congrats. Nicely done. Your method of swing trading by weeklys is very interesting. I remembered your earlier post saying this:

"I trade a very simple weekly strategy where if it opens above what i define as the weekly midpoints then i trade to weekly highs, vice versa for below, has 95% probability of playing out"

http://www.forexfactory.com/showpost...ostcount=10194

Quoting amyc
Aud goes within 3 pips of weekly targets at 9298. I exited all contracts last night as the weekly move is exhausted and we look like we are heading for a drop in the index markets over the next 24 hours which will take the currencies with them. No more trading till next week for me.
Hi tradeaholic I am looking .9200 - .9223 for support I think the consensus is universal
should be a decline
Amyc...here is a crazy question do you only trade on the buy?
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