Just a quick idea on AUD, if breaks through 74 could be a bigger correction that would be 1 down or 2 up, or just break through 76 and up... anyway majors are tightly flipping whilst crosses have been wild
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"Well done Sir G, really inspirational ;)"
"AUDUS fallen back to the H4-trend-line and forming the channel/flag consolidation... if we can test highs then try breakout onto 79 and more, or it can fall back to the 7660 level or Daily-trend-line where we can see fresh buying, but then we shall…"
"took scalp on Swissie this morning, bookem 80 pips! see chart:"
"AUD went straight back up from last snapshot, but has found a barrier at 7733, with support at 7660, this week has since dropped on the open to break the hourly trendline and now holding up underneath it. Above 7660 looking for continuation into 79/…"
"Hi there, how about EJ scalp short? I just shorted a few pips, but still near highs on H1"
"I see 1430 then 1500 but could be hot air and barrier level here"
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The Trader - Daily through to 0.05 Second Time Frame using JBCB, CBA and FPA. Scalp, Swing, Position. Chart Patterns, Geometry and Multiple Time Frame Technical Analysis. Tabling Forexmospherian Currency Kraken for 71 Pairs. The Posts and Videos uploaded are my own views on Trading the Forex Markets. Trading is about you and nobody else so always managed your own risk and take time to learn a suitable Trading strategy.
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Great Audicus, as the crow flies
weekly bearish looking dips towards 10 figure as bear
Analysis of dollar index
Greetings, I made some comments on my friend's blog Vicktor who inspired me to start my own blog on the Dollar Index, DXY, and also using FXCM's newer index, using a slightly different mix. You can find the an article on it here: http://blog.tradingview.com/?p=1253
similar as I said on GBPUSD, it is hard to say, sideways action, you can take a view on what's already there, based on the prevailing theme
Buoyancy in the pound may be terminated. I will suggest Sell Limit at 1.5711 that expires before Friday close, and then Monday see again, another Sell Limit at 1.5805. Any higher and we could be for a serious move to 1.6, otherwise would like to sell on retreating below current prices.
Hello friends, looking at UJ for the mid / long term trades. Made a trade from 122.22 to 123.31 and the pair went quite a bit further before coming back to 123... it is my expectation for some consolidation that would signal more uprising, but I am worried about a bigger equities sell-off! and S&P500 correlating with UJ but even if so Uj may stay supported? Also if the dollar is not rising broadly for the next few months there could be de-corellation in the majors pack, if so maybe USCAD would be a better long?
