The daily AU candle has already moved 60 pips, I'd say it's way to late to think about long, at least for today. I'd personally not want to enter a trade going against the current day's candle (unless it's only moved 20-30 pips).
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Dislikedmorning (uk)
hey saxon ,i just read ur profile .
so u used to work for GSCO?Ignored
DislikedThe daily AU candle has already moved 60 pips, I'd say it's way to late to think about long, at least for today. I'd personally not want to enter a trade going against the current day's candle (unless it's only moved 20-30 pips).Ignored
Dislikedallready bounced of 4 hour TF.
it will go and retest the upper supply lineIgnored
Dislikedgetting back to your a/u long idea, .... eur/aud is hitting a TL resistance, and eur/cad looks like it may have broken the TL resistance, and those pairs move similar, - not sure what to think, u?
for now, im just dinking around with short ej and long ucad, i may try and not make things to complicated and stay in these positions till tomorrowIgnored
DislikedHeads up on a longer-term play...
Check out weekly chart on AUD/NZD; very nice shooting star last week and a bearish candle to start off this week... Last week, I mentioned the pair having the potential to lose the 1.30 handle "soon" and it's currently sitting at 1.2961 right now.
The AUD and NZD currencies are correlated pretty highly; however, the AUD has been rallying quite a bit over the NZD for a while now... and the AUD will fall much further if any bad news comes out of China... what I also like about this pair, is if you short it, the...Ignored
Dislikedallready testing 15 m.
if it goes through will test the 4 hour see the both chartsIgnored
DislikedJapan Ruling Party Draft: Should try to keep forex levels around 120 Yen per dollar...
Can you imagine where the crosses would be priced if it ever reached that!?!Ignored
DislikedGlad I wasn't in that pair, wow. It is stumbling around old TL, fib and 93.15 S/RIgnored