Heh nice cartoon. I was shorting the dip, unfortunately everyone else bought the dip. H1 candle-stick is so bullish ><

Aussie Trading Room and Cartoons Gallery

Morning Papa Bear If it breaks 1.0500 are you guys longing or shorting?

Aussie Trading Room and Cartoons Gallery

That's just my take on it. There's an intersection at 1.024 of demand zone with lower trendline, but it might just fall right through. Other demand zones at 1.020 also possible. Supply zone at 1.0315-1.0320. Your call. Bouncing off the trendline ...

Aussie Trading Room and Cartoons Gallery

1.0315 is an area of resistance-turned-support. Question is how high it bounces and when will it break through.

Aussie Trading Room and Cartoons Gallery

Basically he says short now lol.

AUD/USD

Pardon me if I'm reading it wrong here. The AUD daily does suggest a strong channel pattern. There could be a strong bullish trend that may finally bounce of at 1.055 signalling a downtrend for the rest of the year as the market adjusts to what ...

AUD/USD

I see, good for you I'm actually new to fundamentals because I've never actually actively paid attention to world economic news until I started trading so some old news to me is new news >< I'll go check out PBOC

AUD/USD

Does this mean they have too much spare production capacity, a sign of weak global demand? I guess that explains how AUD broke through support levels like nobody's business

AUD/USD

I see very strong support at M15 on 1.0175 and 1.0195. The market might decide to bull-up.

AUD/USD

Right on for the first part, but we've yet to see the second part... ... or the third part! Right now I'm interested if see how fast AUD can break either above 1.021 or below 1.012. On the 28th of June the bulls broke 1.012 like nobody's business ...

AUD/USD

It just broke up. Rejected 1.0185 and 1.0195 very severely, looks like bulls have upperhand. I think the next point of contention will be 1.023.

AUD/USD

孔子？ Confucius? haha

AUD/USD

Haha XD I used Oanda MT4. The 3 points on my attached chart correspond with these closing quotes: 1.01789 1.01793 1.01777 Perhaps it was a spread thing

AUD/USD

Tested 1.018 3 times. It looks like one of those descending triangles. image Compare with this:

AUD/USD

Haha I actually went to bed because it was past midnight by then, but when I came back, yes I saw it

AUD/USD

Right now the market is still very sluggish. It's retested 1.018, and failed to break so far. 1.02 is also rejected for now. You'll never know but it looks like one of those irritating markets where it's just hovering around with no real movement or ...

AUD/USD

Lol did you post earlier a similar chart as well? I was like, that's some massive gold hauling there. Nice one.

AUD/USD

Let's go to the front line! In breaking news, the Bears have reached (but not breached) the Bull's fortress. It appears that the Bull's defense line is as of yet impenetrable. It may take many more attacks to take down. Will they manage to fight ...

AUD/USD

Well here's the battle plan. I believe the Bears will only retreat after touching the Bull's trench line. Let's hope they get a touch down.

AUD/USD

Unfortunately support got broken by bears on rampage I assume that you were waiting for those levels to hit before you shorted, correct me if I'm wrong! It seems like the bear train is breaking barrier after barrier, and after this there could be ...

AUD/USD