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    • Orbital replied Feb 17, 2011

      AUD/JPY anyone? — Does anyone here trade audjpy? I know its a pretty fucked up pair but when there is momentum its easy to make a lot of pips on it. Watching this daily level now: image And beginning to see some compression on 15M although i ...

      Price is everything
    • Orbital replied Feb 17, 2011

      I can see where your trade is coming from. I switched positions several times today. I favour longs but im not willing to ignore this PA for now. ill decide on the next couple of candles if ill bail or take a hit.

      Price is everything
    • Orbital replied Feb 17, 2011

      Red uses multiple timeframes, i know he uses 5M PA for entries and 15M to find the most significant Supply/demand levels. I can recommend to you going on 1/4 hour and check large candles were big moves or breakouts happened, and then zoom into 15M ...

      Price is everything
    • Orbital replied Feb 16, 2011

      Just flew over the nzd charts from december where that BO appeared. So assuming it holds that marked level and continues moving upwards, we can most likely expect the aud to gain a more bullish momentum?

      Price is everything
    • Orbital replied Feb 16, 2011

      Looking like a Bearflag to be honest. Red i know im annoying but what exactly is going on with AUDUSD today, its never been this unstable. demand and supply areas being blown left and right =/

      Price is everything
    • Orbital replied Feb 16, 2011

      Its just a small supply level to be honest. London is closing soon so positions should produce some reversal patterns. Either way, i missed my AUD entry was to busy reading forums... which is bad for me... then i failed so short at my supply level ...

      Price is everything
    • Orbital replied Feb 16, 2011

      Not exactly sure how to interpret those spikes. But it reds predictions about EU are correct then this should be going up aswell, its dangerously close to the lower band of the demand zone but it failed to breach below the last time it was at this ...

      Price is everything
    • Orbital replied Feb 16, 2011

      Yeah i dont know, i should have shorted at the golden coloured supply zone up there but due to priceaction i was not convinced it would hold. My bad, missed a great opportunity. Either way at the bottom orange demand level.. im pretty convinced it ...

      Price is everything