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AUD/USD

now that it has fallen so much.. its time for me to wait.. i wont look at this till it gets close to the 15m 200 again.. will only trade at the 15m 50 if i see a shooting star followed by a low close candle.. and a 5-6ema cross .. if not ill wait till it gets to the 200.. see if it breaks it or bounces down once again.. i guess london shall reveal ..
2nd attempt @ 98446
Quoting fx-rocket
Sl moved to 0.9859 to protect 10pips, Tp set to 0.9780
Closed trade for 20 pips at 0.9849
Expect the unexpected.
ill survive i will survive, maybe #3 attempt

(have no idea why i am not playing this trend)
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lol seen it in eur thread other day...4 ppl who havnt seen it yet funny shit

Inserted Video
This is a chart of the last few weeks (4 hour). The ticks are the swing highs and the x's are the swing lows. Only once in this run down has it made a higher high. To me, there is no signal to go long on this chart. How low will it go? Who knows.
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FF journal: Peaks and Troffs
Had to delete my last post. Reason: Pina Colada, wrong chart.
FF journal: Peaks and Troffs
Quoting Noobicle
(have no idea why i am not playing this trend)
It's because you're new and inexperienced. Wait a couple more years if you can make it that long (most won't unless they are using a demo account) and you will know how stupid it is to try to pick tops and bottoms.
Quoting fosking
It's because you're new and inexperienced. Wait a couple more years if you can make it that long (most won't unless they are using a demo account) and you will know how stupid it is to try to pick tops and bottoms.
https://encrypted-tbn0.google.com/im...Vi9r9Nlc0u3xMw
FF journal: Peaks and Troffs
In all seriousness, this looks to me like it could be an exhaustion spike. I'd be surprised if this move carried on through London. BUT... I have been surprised before.
FF journal: Peaks and Troffs
Hope no ones long or looking for a bottom. Risk is taking a battering!
Quoting bogus
https://encrypted-tbn0.google.com/im...Vi9r9Nlc0u3xMw
Haha mmmm smelly fingers
what makes u think i avnt got 40c stops? an what makes u think i was looking for bottoms instead oflongs?
Quoting bogus
In all seriousness, this looks to me like it could be an exhaustion spike. I'd be surprised if this move carried on through London. BUT... I have been surprised before.
The spike was due to retailers getting margin called lol
Quoting jayjb
The spike was due to retailers getting margin called lol
It's been a while since we've had a run like this. It would be nice to get a run back up, but a lot of people forget about sideways action.
Can't believe it's Friday already.
FF journal: Peaks and Troffs
hourly trend respected, are we going to see a bounce?
strong suport 0.98-0.975 area?
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if your really keen on longs like me i would wait for a 4h close in 1 hour an 50mins
Took a 48 pip win earlier on the last retracement on 15minute chart.


Graciu, anychance you can run through your analysis on that one? It's a bit busy for my newbie eyes.

Looking at previous support on the daily chart I can see a strong support at 0.9660 level between 20th and 27th if the trend continues. Anyone agree?
Quoting Noobicle
if your really keen on longs like me i would wait for a 4h close in 1 hour an 50mins
The London session will beat the USD down before locking in profits for the weekend?
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