am wary of going short at the moment. every tom dick and harry now says short. it is around a key long term level. indicators pointing slightly up. it usually has a habit of retracing a little bit

EURUSD

it made its range in a few brisk movements. funny mkt this. now it has defended the 9860 level. interesting stop hunt eur/usd continuing its tight 1-3 pip range

AUD/USD

i scalped some pips off aud and closed the position short. my system said short as resistance was rejected i always wait for some kind of confirmed clue or rejection, otherwise i dont go in 30min for 5 pips

AUD/USD

a fall, where did that come from. uk open is a long way, noyers comments made an impact getting hammered more. long. scalps anyone ?

Cable Update (GBPUSD)

hi benjam. gold, euro, aussie are pretty much the same thing, just a risk instrument. so by adding gold u basically wouldve just increased exposure on the same thing. gold/euro chart looks same this week

AUD/USD

risk reward for scalper isnt that high due to spread, slippage(esp in fast moving market) and very limited profit compared to stop loss. i have tried a few times, but market breaks out violently even when prior 'range bound'. however it can be done ...

AUD/USD

hi if u miss big moves the only option is to scalp ranges with tight stops, the range today is 10 pip. only problem with scalping range, is it does break out due to stop hunt a little. the risk reward of scalping in a tight range isnt that high ...

AUD/USD

looks like u got some profit mpurdy, it failed to break 9880 it seems the best thing for AUD is the 4.25% interest rate and the fact the dollar is zero yield. the extent to which the rBA cut the rate will determine where this ends up.

AUD/USD

very low ranges in asia

AUD/USD

asia it is ranging just like yesterday. although the eu news is cataclysmic, so is weighing on eu. market is focussed mainly on eu hence the huge drop in aud/usd(even more than euro)

AUD/USD

hi fxstreet analyst says pair oversold. probability looks like another ranging number was 49 not a bad one, needs some loose policy in 2012 for china China flash PMI 49 in November, up from 47.7 By Sean Lee || December 15, 2011 at 02:31 GMT || 0 ...

AUD/USD

number is neutral “The pace of slowdown stabilized in December but the growth momentum remains weak with additional downside risks from exports and the property market not yet fully filtering through. With inflation quickly shifting to disinflation, ...

AUD/USD

a bad number = china eases = aud will stabilise good number = china delays easing = aud will spike because good number so there are 2 interpretations, but 1 number in isolation hard to interpret need a few months

AUD/USD

impossible to predict, also such news is ignored mainly mkt focussing on eu ranging again just another shakeout there followed by rally back to 99even

AUD/USD

attempted bull run stalled again, then followed by stop hunt to shake out weak longs consolidate 99

AUD/USD

nice system. only issue is the entry region. sometimes i notice there is 100pip+ drawdown before going in your direction. this is because breakout candles are usually large and can succumb to retracement. sometimes there is no drawdown and it just ...

Daily Chart w/ 10sma

yep. just wait for price to approach intraday resistance for example eg. on 1minute or 4 range chart. wait for a confirmed bounce off the resistance (suggests it is indeed will be repelled) and go short. scalp some pips. attached is an example. this ...

Nexas's Intraday Range Bar Trading

hi jordi. all mt4 broker can have range bar see post #25, and dukascopy is not the best spread, the best spread on the majors is pepperstone my AUD/USD spread is as low as 0.2 pip during london re = can work in ranging market just go counter trend ...

Nexas's Intraday Range Bar Trading