Jim (Nene) & USD Bear - Agree completely re USDX

AUD/USD

Venn, if you are all done with the flip-flop buy/sell excitable demo trader and self-appointed AU disc jockey routine, this might be an appropriate time to grow some maturity and a dash of humility. Offering advice to others who, (unlike you and ...

AUD/USD

FX is an integrated co-dependent system, which is why the following matters for AU, Kiwi, EU, Cable and UJ - USDX is having a collision at present with the 200 ema @ 81.50 (weekly chart). 200 ema = gorilla or trampoline (think the gorilla might ...

AUD/USD

Keep it simple. Earnings start next week. AU likes to follow the S&P. S&P futures have already broken through heavy resistance at the 61.8 fib (i.e. we're going up) AU has good support at .9900. Target 1.0300 When all else fails (like driving ...

AUD/USD

Venn, I'm sure there is a thread somewhere for UCAD, this thread is for AU. Might try cleaning up your charts, they really hurt the eye - even on demo, don't know how you manage to trade off those.

AUD/USD

Retail traders tend to be sheep, this data is often behind the curve and not reliable. AUD has merely corrected to a more solid level after being pumped for the high yield during low liquidity season of Christmas/New Year (not to mention market ...

AUD/USD

AU may be a nice buy @ .9960, another touch of the 200 ema would be a potentially good long entry. Any kiss of the 200 ema 4H chart has been greeted with bullish glee of late. UCHF resis @ .9685 (unless it makes a dash for the trend line at .9750) ...

AUD/USD

Kiwi may be a good buy around here. May benefit either way whether the Aussie data is good or bad.

NZD/USD

Thanks z3ro, realise my fib arrangement is a variation of the classic scale, it just however seems a better fit for this market.

XAU/USD Spot Gold

Yup, but a dedicated gold only thread would be useful (since many fx traders watch or trade gold as a measure of risk appetite, but do not trade or watch silver for those reasons), and there is often more than one thread per subject.

XAU/USD Spot Gold

End of year closing out of books, Christmas bonuses for the trading houses. Don't fight it. Look at the EUR/AUD and EUR/NZD crosses. Market is going short big time.

EURUSD

Trend line support here

AUD/USD

Nice basing pattern forming on the EUR/NZD cross, when this consolidation is done, it will likely take off north - quite the screamer, hundreds of pips in grease-lightning time doing it's volcano routine. This present sell down needs to be watched ...

AUD/USD

The CPI data put a major spanner in the works for the AUD as play-mate of choice for the hedge funds. If the Aussie doesn't want to play, then they go for the more obscure 2nd sister, the lesser known Kiwi - the role of the Kiwi is absolutely ...

AUD/USD

The .9850 fib may be a good short subject to the data on Sun/Mon. Otherwise, look for resistance at .9945. Weekly chart is showing a very interesting picture. Higher time frames always rule the day in Fx. Market is readying for the end of year ...

AUD/USD

I would. A general election was called here on the weekend. Aussies are going to the polls August 21. This will create uncertainty. Any carry trade pull back will hurt the Aussie, as will the EU stress tests later this week, AU being the short cover ...

AUD/USD

AUD is very likely to give .9000 another nudge. 76.4 fib at .8950 or so and very strong support from the 200ema More importantly, EUR/AUD is selling off again hard, having just broken the 50% retrace heading south, think this is likely to continue ...

Nearly Naked (Simple Trades)

btw, you can use this fib tool on all time frames from 15M up, however it's best to plot one fib on the higher time frame first, e.g. daily, weekly or monthly, then plot the same fib levels again (different colour if you prefer) on a lower time ...

Fibonacci insights

Fibs made simple. These are the other fib levels most charting default fibs leave out. To use these on MT4, plot the MT4 default fib on any chart. Right Click on the dotted line. Click Fibo Properties. Click Fibo Levels Click Add In the Level ...

Fibonacci insights