Charts and thoughts: long or short

Hi Guys

I have been into the markets since couple of years and have seen slight profits and slight blows during BREXIT/US Elections. etc. I see their are different threads for each pairs @ FF but i would like to have this thread to have any views on any pair which can be discussed.

Lets do this..

Alluri

scalping intraday or long term ?

Though i love Scalping, i am slowly shifting my mind to longer time frames .Irrespective of time frames lets just discuss charts

Any views on AUD/USD 4 hrs

Still not getting posting charts @ FF image shack etc...

I like to have a look at larger time frames to see the bigger picture.



There is a stable downward trend on W1 so I would only go short in this pair. There is also a very strong resistance (black line) which is also an argument for a short trade.



At the moment the trend from W1 is going back a bit thats why the movements are so choppy. What could happen is that the trend from W1 is going to continue.



If that is the case I would look at H4 and search for a short setup. At the moment (!) I would go short at 0.74827 with a Sl at 0.75532

These are my thoughts, but in the end you have to make the trade