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AVLtrader replied Jun 4, 2015Hi felix, cool thread. I've been enjoying it. What would you say your win rate is? I'm going to try my hand at scalping the 5 minute charts of FX. The only set ups that look good to me though are double/triple tops and bottoms. At least in my back ...
Scalping the Mini Dow off the M1 Charts
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AVLtrader replied Jun 1, 2015It varies by broker I believe. My broker (FXCM) has AU low as .7625
AUD/USD
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AVLtrader replied Jun 1, 2015Looks like folks started dumping their longs around 0960 then the sellers jumped on board. Judging from the M15 volumes anyway
EURUSD
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AVLtrader replied Jun 1, 2015Looks like a good level to me. Also broken trend line and dojis on H4
AUDNZD
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AVLtrader replied May 31, 2015You letting your emotions get the best of you? I think a short-term sell is a good idea, because of a daily 61.8 fib right around the .2500 BRN. Not to mention all the previous support (turned resistance?) around that area. I've got a sell limit at ...
I'm Bored...Let's Trade
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AVLtrader replied May 30, 2015Thanks. I'll just refer to your posts when doing fundamental analysis from now on. You are now my #1 source for news. Thanks again
EURUSD
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AVLtrader replied May 20, 2015Looks like we're there - some heavy resistance at the moment. Maybe I'll get in on a quick short
USD/JPY Discussion
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AVLtrader replied May 15, 2015Indeed! Gotta love confluence. Price is a bit below a 23.6 fib on the monthly as well, from 1.378 to 1.000. I prefer fib lines to line up a bit closer to each other, but let's see what happens. Do you have any trend lines set up on that one?
NZD/USD
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AVLtrader replied May 15, 2015Keeping my eye on this one as well
A lot of confluence for that pair right nowNZD/USD
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AVLtrader replied May 15, 2015Looks like price got rejected right under 1.0900. It's also at a 23.6 fib + 61.8 fib. Not to mention the resistance @ 1.0800
AUDNZD
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AVLtrader replied May 12, 2015Why is price going UP? I would think the most recent news event would cause a drop in this pair
NZD/USD
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AVLtrader replied May 7, 2015Think it's too late for me to get in on this train? I hate getting in half way through the move though. Maybe I'll enter on the break of April's low. That seems logical I suppose
NZD/USD
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AVLtrader replied May 6, 20151.0770 looks like a great place to sell. 61.8 fib, BRN right above, and a major area of previous resistance
AUDNZD
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AVLtrader replied Mar 11, 2015Prime example of why so few people out there are entrepreneurs, compared to those that are. Most people just don't think outside of the box. Not really their fault though. Most of us are taught from childhood to believe that getting good grades in ...
Is trading not considered a job?