I'm Bored...Let's Trade

AUD/USD looking good too guys

Check out the GBP/JPY...this thing looks like it's ready for it's next leg up doesn't it?

What do you guys think about a dollar reversal? Seems that way after every dollar pair gave up it's NFP gains

My trades for the week so far are long nzd/usd based off a downward trendline break, long aud/usd based off a backside test of the previous broken short term downward trend line, and short usdjpy as we just hit major resistance.

I think NZDUSD will go and test the long term trendline around the .72xx area

audusd could go and retest prior high on h4 at .7819, current view is bullish targeting .7930 which is next previous high.

The USDJPY hit a multi year high last Friday. Whenever a major resistance or support is hit, there's always a pullback. I expect to see support found around the previous highs from the last consolidation range around 122.00

If I had to take a stab at the EURUSD pair I would say buy now and set target for 1.15

USDCAD sitting on support right now. If it holds, look for a rally to the 1.2650 area...if it breaks it could go back down and test 120

GBPUSD breakout!

USD CAD breakout as well!

WOW! What a drop. I was not expecting it to happen like this

Pay attention to the dollar guys!

Check out the GBP/JPY guys. This pair formed a head and shoulders formation, dropped, and then shot right back up. The area highlighted on the trendline is a key area. If we can get above this next daily target would be 197. If the bulls stall here we could be looking to head to the next level of support around 186.00

here are my final entries for this week. Long gbp/jpy, gbp/usd, nzd/usd. Short usd/jpy.

opening the week with a carry trade. Short nzd jpy with a target around .80. This thing has been in a range for awhile now and with the recent moves from the RBNZ we could see .80 again within the coming weeks. Also it looks like the yen could be done weakening for awhile. I will post more trades tomorrow morning. Have a good week everyone!

Sold Gold at 1180.18

Hi Arigoldman, I don't trade gold, but my trading style applies to all pairs. Let me analyze some charts and we can start discussing.

NZDUSD has my interest peaked. It just took out a major weekly support at 6966 and is currently sitting right above it. Remember as with the USDJPY, we hit any major support or resistance and there's always a pullback. I think this thing is getting ready to rally. I'm long at .6994 with a target at .7200. Stop at .6950

I'm long on the EUR USD. The current scenario is that we are in consolidation awaiting breakout. My prediction is the fed will dissapoint on Wednesday and cause the dollar to drop, fullfilling the D extension at 1.1514. I have my TP set for 1.15 for this pair.