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Mcbeaners replied Dec 15, 2021hmm price coming down to meet the cross. should have expected this. i think the cross will go through though. so new plan - i'd be a buyer at the h1 20ema.
AUD/USD
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Mcbeaners replied Dec 15, 2021slight change, one push down and then a move a north, then it will be short. i'd be a buyer around 714 ish.
AUD/USD
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Mcbeaners replied Dec 15, 2021yeah i think we'll see one more push north here, in line with fomc . i'm happy to stay out until then. then be a seller.
AUD/USD
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Mcbeaners replied Dec 15, 2021cd looks like long building here.. given where we are that should be no surprise.
EURUSD
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Mcbeaners replied Dec 15, 2021because price has led into the cross, i'm more inclined to short it. but given news is coming i'll wait and then ... maybe short it.
AUD/USD
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Mcbeaners replied Dec 14, 2021vp - no real interest to go lower into "A" B - cd suggests they are long building. for tmorrow? or tonight? i'm not going to try to figure it out.
AUD/USD
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Mcbeaners replied Dec 14, 2021too much news to disgest and trade imo. i'll be only looking for exhaustion reversals scalps, if at all. might just wait for the trend...
EURUSD
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Mcbeaners replied Dec 14, 2021i don;t use macd (or any ta that us based in ma's, as i use ma's already). so can't comment. but you should use whatever ta that works for you in conjunction.
AUD/USD
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Mcbeaners replied Dec 14, 2021yup that is one setup. but its now a little stale, price could bounce here as it did on the h4 july 25- Aug 15 area of AU. there i might look for a range break to enter. normally for me i see the setup after the fact... but then get in while the ...
AUD/USD
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Mcbeaners replied Dec 14, 2021at the end of the day one should use crosses in conjunction with other TA. not just on it's own.
AUD/USD
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Mcbeaners replied Dec 14, 2021ok here are some examples, not exhaustive. cable and au h4 charts. ideally you are looking for price to come up or down to meet the cross. this happens because there are enough traders doing crosses to make it so. cable - A - price drops before ...
AUD/USD
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Mcbeaners replied Dec 14, 2021bigger the time frame more influence and influence on trend. but... that depends on the now price leads into it. i'll try to find an example.
AUD/USD
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Mcbeaners replied Dec 14, 2021this might not come off, given the news flow expected tomorrow. we'll know more in next few hours me thinks.
AUD/USD
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Mcbeaners replied Dec 14, 2021the ma setup is the same on any time frame. 20ema 20ema on next time frame 20 eam on the one after do the same for 50 ma, though i rarely look at th is ma setup. this is as old as the hills, i got it from a bunch of london traders who ran a ...
AUD/USD
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Mcbeaners replied Dec 14, 2021you can see the failed cross on the 15 here. though this happened during the combined session so the results are going to be mixed. i'm short again and looking for .70804
AUD/USD
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Mcbeaners replied Dec 14, 2021no it was the cross (thin red over thick red). tp was the fib. its in line with the 1h cross that happened yesterday so trend is down. just pick your moments. i entered late so i put my stops just above the high as the cross was made. but generally ...
AUD/USD
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Mcbeaners replied Dec 13, 2021didn't reverse my trade quick enough. but target reached and banked some.
AUD/USD
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Mcbeaners replied Dec 13, 2021we gots some heavy news tomorrow, so i do expect some action.
AUD/USD
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Mcbeaners replied Dec 13, 2021any more then 3 hits to a r/s TL is probably going through. i would bet on it. do post a chart as i'm not able to guess your TL.
AUD/USD