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
Achievements & Awards
Earned points: 2900
Trading Tips
Special
Creator
Special
Admin
Special
Top Analyst
Special
Videos
Special
Super Star
Special
DISCUSSIONS
FRIENDS (7)
-
price action, support resistance, trendlines
-
Scalp - Swing - Trend
-
like a rock for truth that is changeless
-
Intraday
-
Swing Scalp Position / Median Line Trader
-
swing.
-
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.
GROUPS
BLOG
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?
