Aud/Usd closed for the week at 1.023. I will have to update my trade parameters as I believe this will change the behavior of price if price goes to my entry target and falls back down to 1.022. No mixed up math this time! Cognitive bias sucks!

A Gnarly Journal

Clicked intp instead of intj on that poll. Lol. Introverted (I) 73.53% Extroverted (E) 26.47% Intuitive (N) 58.7% Sensing (S) 41.3% Thinking (T) 70.27% Feeling (F) 29.73% Judging (J) 55.26% Perceiving (P) 44.74% Your type is: INTJ INTJ - ...

What personality makes a trader

Jeez, I get so wrapped up in my thoughts that I forget what I'm doing. Forget the % gain numbers and total pips, I just know the price levels are correct. I don't even feel like messing with the numbers at the moment since I don't think the position ...

A Gnarly Journal

1.022 will now be used as a potential TP area in the future. The move to 1.0245 has softened the R/R of any potential trade once price revisits 1.022. I am thinking of going short at 1.0365, but also 1.035 with maybe just a micro lot each. I am also ...

A Gnarly Journal

Define perfect. There isn't a perfect strategy in poker, though, on some levels, there are strategies you must follow. Let's say you're a high-roller, been playing in underground game rooms and beating their rakes all your life. Very, extremely ...

Do you still believe in the perfect trading system?

He has, lol! I have heard the Level 2 really isn't something you want because the levels that are shown on there are levels the brokers want you to see. It would be better to actually work at a trading firm or an Exchange. Something I wish I could ...

Market with order books available?

I looked at your chart and drew some lines where I see S/D imbalances. Note: one has been balanced out. There's also retracement lines which can be used as profit taking levels. (If it's not understandable, I'll go more in detail.)

Sam Seiden's Supply/Demand zones

If price does not return to 1.022 before reaching 1.0365, then I think price will be strongly rejected after reaching 1.0365 and if I'm correct in that price will turn south from there. 1H A/U

A Gnarly Journal

Thank you. I don't know why, but I've been playing with MA's and RSI's. There's a pattern I've spotted that used a 50 EMA crossing a 200 SMA after RSI 7 (weighted) hits an overbought/sold level set at 80/20. I'm not done with this as I'm still ...

A Gnarly Journal

Do you ever post any analysis?

Aussie Trading Room and Cartoons Gallery

The 200 SMA and 50 EMA suggest the daily is ranging. Also, consider the two recent highs, the bearish divergence between the highest highs and the highest closes. (These highs are on the TL.) The RSI (14) shows bearish divergence, as well. My ...

AUD/USD

Ya know, I have a feeling we will be getting into a tighter range for the next year or so. The supply imbalance has been restored, which is represented by the dark red line. The two dark green lines represent demand imbalances that have been ...

AUD/USD

Pick one.

Aussie Trading Room and Cartoons Gallery

1.0365 First!

AUD/USD

I don't know if I can find any sources, but I'm sure there around somewhere. My take is that if America wanted to destroy Iran's economy, first hit their oil, then when they try to side-step that problem by buying up gold, dump a bunch of gold into ...

AUD/USD

It could be a double bottom... 15m

AUD/USD

Looks like it's going way up. Daily EurAud

AUD/USD

I'm sure the elections have already been "priced in". The populous vote does not decide who the new president is, it's the electoral college vote. As far as the dollar collapsing, I'm not big on that. It's all over the media... Never trust those ...

AUD/USD

Being close-minded is no good in the markets.

AUD/USD

I'm a little higher in the support zone, .0972. The white line is .0972, while the red line is the closest retrace to this line, which is the biggest gap from then on as far as demand imbalance/retraces. 4H Early june of this year.

AUD/USD