while other usd pair don't show a significant stronger move, meaning it is not the usd that is getting weak, but it is aud which is getting strong, with the benchmark rate changed, so this is a speculators move, and the parity retouched was merely a set up by some people, maybe RBA etc. so I am short from 1.0005.....
to think that parity never preceded before, except recently... maybe some aud/usd trader has a view, cause i rarely trade aud, just tempted by the parity...
if you can share little bit of a knowledge, thank you very much!!
or...
Just back out to the 4hr time frame. don't put any indicators on chart and you'll get a pretty good idea. you might have to zoom out a bit.
sorry hehe...
wow, but even with indicators put on, its very difficult to predict prices, let alone without indicators, i cannot see the idea. maybe i have not reached that level of comprehension.
You don't see the massive uptrend? it won't matter how many indicators you put on your chart if you don't get the basics. the biggest mistake is to flood your chart with indicators that look pretty. don't get me wrong they have their place.
if the idea is an uptrend, i think everybody knew that. i was talking about clearer projection as to where the price is going at certain given timeframe, and whether or not my short position is good, which i already closed only with 20 pips. but indicators really do helpful, at least it helps me more than just relying on trend,... in this chaotic system, the price can go anywhere it wants.
and the indicators are there to give you confidence of your position, that's all. the indicators follows the market, the market does not. thanks for sharing your...
