Not sure if anyone bought Aussie at .7070 on Friday, but if you did you'd be up 50 pips already.

Just Another A/U Thread...

as expected, lots of support at .7070 area still.

Just Another A/U Thread...

Well, looks like we are finally getting the pullback towards .7070 area I was looking for. Unfortunately it's too late on a Friday. Won't be opening any trades before the weekend. Have a good weekend everyone!

Just Another A/U Thread...

A couple times tonight I've seen Aussie dip down to .7090 during Asian session only to be bid back up above .7100 within 15-30minutes. Seems like that's the new near term support level. Just another observation, while I've been a bit focused on the ...

Just Another A/U Thread...

Ha! I wish I had enough money to move the market myself...then trading would be a lot easier! haha Have a great weekend! Cheers!

Just Another A/U Thread...

Ideally I'd like to see a pullback around .7070 area and see some type of candle/chart pattern setup for longs...but I'm not sure price will make it that low. Just watching for now.

Just Another A/U Thread...

as expected, we are heading up. Should reach .7200 and then make a run for .7300. Bullish daily pin bar candle in Tuesday, normal bullish candle yesterday, big bullish pin bar today on daily chart. Buy the Dips and Happy Trading!

Just Another A/U Thread...

I can say one thing for certain, after Tuesday's big rally from the dip below .7000 and today's big rally from the dip below .7000 that the safest way to trade Aussie is buying the dips!

Just Another A/U Thread...

Yep, price dropped 170pips from the Asian highs down to .6980ish and is already right back up 100pips. Complete whipsawing going on...save your money/pips and trade another day!

Just Another A/U Thread...

Lots of wild swings in the market today...market makers are really adjusting their books or taking out lots of stops! Either way, it does not provide good trading conditions for my method so I'll will stay out today and probably not trade tomorrow ...

Just Another A/U Thread...

Not sure what you mean? I was patient as I didn't even enter a trade because it didn't meet my criteria. Also, don't forget I'm a day trader only looking for 30-50pips...which I already got on a prior trade. Everything is going well on my side.

Just Another A/U Thread...

as expected, price has dropped. Aussie formed a triple top around .7120 and could never close above. That was also prior resistance on Monday!

Just Another A/U Thread...

Regarding my post above...the candle did not close as a Pin Bar...just a normal bearish candle. Price looks like it's going to drop again, but it's not a nice clear Pin Bar that I would like...so no trade for me.

Just Another A/U Thread...

Possible trade setup. Stoploss would be around .7125-30 and standard target around 30-50pips.

Just Another A/U Thread...

Here's the 1hr chart I wanted to post a couple days ago but didn't have my computer available. There's a lot going on this chart so bare with me: 1) On Feb. 8/9 price came down to retest the Feb. 3rd lows and stalled at .7020(price kept closing ...

Just Another A/U Thread...

An example of a trade that just happened. If you had the patience to wait for this to set up, it was an easy trade!

Just Another A/U Thread...

No need for negative thoughts my friend, I'm sure you made pips on your short. Be happy for that and not what you missed. There will be more opportunities.

Just Another A/U Thread...

just more thoughts that run through my head...after the 1hr bearish engulfing candle we now have a bullish 1hr pin bar candle that closed,yet again, above .7030(price really isn't following through on selling below .7030). I would lean towards longs ...

Just Another A/U Thread...