I've been patiently waiting for two weeks now for Auusie to go up to .7200 and possibly .7300...will this finally be the week??? 4hr uptrend line is still in tact, we still have higher lows forming and last week had nice double bottom around .7070 ...

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That's a great post, thanks for doing that. I do have a long bias by buying the dips...but price has to come down in order to buy, so that's where Dab is making his pips!

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Big bullish daily pinbar, big bullish 4hr candle, bullish weekly candle...still looks like buying dips on Aussie is your safest trade. Price hasn't gone down and stayed down for 5 weeks now.

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If you get a chance this weekend, look at the 4hr chart on Feb. 3rd, 9th, 11th, and 16th. Each Dip on the Aussie was QUICKLY rallied back up forming a Higher Low each time. Today was just like the 16th, a dip down to .7070 and Straight back up(we ...

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Well, unless something unexpected happens in the last few hours of trading...Price Action once again dipped below .7100 only to be Bid back up. It did the same thing last week and the week before. This makes the 5th weekly bullish candle on Aussie. ...

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So much for Bad AUD data and Good USD news(that's why I ignore the news by the way)...no matter what dips there are on Aussie, it just rallies right back up! .7070 area has major demand! Over 50pips straight up from the lows. I hope no one got ...

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And there you go, right back up to .7100. Easy 20-30 pips depending on where you entered. Prior major support level works again!

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Hello Aussie, welcome back to the .7070 support area again. It's treated you well the past few weeks with lots of buyers. Shall we get a retrace back up to .7100 now?

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10hrs have passed and Aussie still not able to close below .7100. Still lots of support despite any bad news. Not much on the rally side either though. Let's see what the US traders do. Good comments guys, thanks for posting! Nice post from Aussi ...

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Looks like you made some pips with your short position mate! Enjoy those pips and good decision keeping that one open!

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Hope it works out my friend. One of the least riskiest places to enter(small stoploss in case it goes against you). I'm going to sit on the sideline basically because I can make arguments for price to go up and down...so that's never a good sign for ...

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The Tide may finally be turning....see if we can get some closes below the uptrend lines on the 1hr and 4hr charts which should produce a Lower Low...then if we can get a Lower High I would be thinking about Selling the Rallies instead of Buying the ...

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Guess someone didn't like the recent strength of the Aussie! haha url Might get our first bearish weekly candle in 5 weeks if Aussie closes Friday below .7100. Price is currently testing both the 1hr and 4hr uptrend lines along with the pysch ...

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I agree with price having little conviction. 2 days in a row we had good USD news and last night's bad AUD news failed to trigger any real selloff. But price did stall around .7180 too. We seem to be stuck oscillating around .7150. Nothing really ...

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A/U just hit the .7130 for the third time, and now another 1hr bullish pinbar. Might be too late in the day for a big gain, but 20-30pips should be possible. If you got in by .7140 you're +10 already! update: looks like there is a descending ...

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From a technical perspective, it looks like the dip down to .7130 on the 1hr chart was another Higher Low that formed. Currently price is stuck between .7150-70, a narrow range...so we should break out one way or the other before too long. As for ...

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Glad to hear about your pips! Great job and good choice not to fight the market. I hope more people post like you have, I feel like I talk to myself too much on here sometimes. hahaha Enjoy the pips!

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well there you have it, price just hit .7170!!! Would have been an easy 30 pips if I was a little quicker. Hope some of you made some pips!

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Here's a chart to show what I'm currently looking at...used the 15min chart since it's a little more clear. I forgot to circle it on the chart, but if you look where I used the orange circles to point out the double bottom at .7130...then look left ...

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well, there is the bullish pin bar candle close. I hope it comes back down a few pips, I don't want to long at .7150....7140-45 would be better. Well, never mind now price just took off, .7160 now, missed my entry. That .7130 area has flipped from ...

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