For the most part, I have started not paying attention to the news. The things you want to watch out for are the Major News releases like Non-Farm Payrolls, Interest rate decisions, Job numbers in Australia, etc... Pretty much if it's Red on ...

Just Another A/U Thread...

Hi Forexchiq, very good question. However, I don't keep track of those stats. Some weeks are good, some weeks aren't. If you get 2-3 weeks of not many trades...then the month is pretty low too. But if you get 2-3 good weeks, then it's a good month. ...

Just Another A/U Thread...

Thanks for the feed back, see you next week!

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Hi Aussi, to answer your question...I rarely trade a Sunday gap. Usually don't trades Sunday's in general. Right now I'd like to short after the huge run up in price...but after 4 straight bullish daily candles, I don't want to be on the wrong side ...

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Unless something really good setups up, I think I'll call it a week for trading. Below is a chart of the trades I took this week. 1) We started the week with a gap down, followed by a nearly 100pip run up to the 50ema where price on the 1hr chart ...

Just Another A/U Thread...

Price bounced up pretty good from .6875 this time. Looks like the range is narrowing and getting choppy. I'll probably be sitting out for a bit now until things clear up.

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got my target of 50pips and 30pips on those two trades. Looks like price finally broke down below .6890. Ideal long position area is the same area we've seen support this week around .6830-50. We need some price action/chart pattern for confirmation.

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I do have a couple shorts open from .6941 and .6922 that I'm about to close. Looks like price is stalling here are .6890 area. Hope you kept your loss small. Just a personal rule for me, I don't buy highs or sell lows.

Just Another A/U Thread...

Keeping the losses small and the gains decent...nice work. I don't recommend it for new traders, but experienced ones with discipline, patience, and good trade/money management you can definitely trade both ways(with trend/counter trend). Keep up ...

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couple of good trade opportunities today guys, I hope some of you took advantage and made some pips!!!

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Ah yes, my post was talking about getting ready for a long...so I did get confused. Glad you made some pips to the short side, it was a nice drop!

Just Another A/U Thread...

If you missed the first buy opportunity early this morning...this could be your second chance around .6850 for a smaller 20, maybe 30pip profit.

Just Another A/U Thread...

I hope you didn't go long when you wrote this a while ago. But it finally looks like we have some price action that is saying to go long. 1hr chart has RailRoad tracks a couple bars ago after the 100pip selloff. And it appears we have a triple ...

Just Another A/U Thread...

Current price action on A/U leads me to believe we are setting up for another possible long...I have nothing to get me in long at the moment, just looks like a possible retest of yesterday's .6830-50 support area. Just waiting on some more price ...

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Anytime. My goal is that it helps some...not everyone trades the same way, but if there are a few who like it and are able to make a profit, then I'm happy!

Just Another A/U Thread...

Looks like price is trapped between the 50 and 200 ema's on the 1hr chart...pretty much a no trade zone at the moment.

Just Another A/U Thread...

Here's an example of how the 15minute chart can help your decision making at times.

Just Another A/U Thread...

Here are a couple charts showing how I trade and what I look for. It's based on Price Action, Support/Resistance, Candlestick/Chart Patterns. Please excuse the drawings on the charts...I'm not an artist!

Just Another A/U Thread...

Nice 100+ pip rally on A/U today...pretty much it's ADR. Would like to see a retest of the .6950 area and price action to form a Pinbar, M pattern or Double top for a possible short trade.

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You wer exactly right, hope you went long there. Price went up to .6950 as I was expecting, too bad that dip after China data got me out. I'll try to post a chart a little later.

Just Another A/U Thread...