Makes sense to me. I came back to GBPJPY looking for short opportunities. If a few long trades maybe for a few pips, fine by me, but I wouldn't really be that interested in longs until a nice retracement...

Geppy's Geppy Thread (GBP/JPY)

It's comments like this that cause me to wonder if I'm wasting my time on FF. Saying that there is no chance of something happening in the Forex market doesn't make any sense to me. I've only been trading for 2 years full-time. It is my only source ...

Geppy's Geppy Thread (GBP/JPY)

I'm probably speaking too soon, but I think 175 is calling. It would be almost exactly a 50% retrace from here. Coincidence maybe?

Geppy's Geppy Thread (GBP/JPY)

Agreed. I shorted as well... At some point, we'll have a healthy pull-back. Maybe now?

Geppy's Geppy Thread (GBP/JPY)

Good analysis. I was so focused on the range boundaries, but sooner or later, ranges are broken....

AUD/USD

Well. Congrats to you, in that you have already learned one of the most important skills. Patience. And knowing when not to trade. Confucius say: Better he who wait 2 weeks for good trade, than 2 week losing streak

AUD/USD

If there's an H1 close below 8738, then I'd start to question how decisive it is about going up, otherwise, no question, at least in my mind...

AUD/USD

8738 acting as support now since it was the H4 close price of the mother bar that just got broken...

AUD/USD

It may end up that way, but I wouldn't call it a rejection yet. If you look at the last bearish engulfing bar off that trend. Now that's a rejection. Right now, I'd say Mr. bull candle has just kindly introduced himself to Mr. Trendline right before ...

AUD/USD

Also, H4 is an inside bar situation too, for last 4 candles. Current bar is looking to break out of it. We'll see soon...

AUD/USD

I have noticed the last 15 minutes of H4 candle can be a bit nerve racking. Wait for H4 close, then you will probably see a nicer bullish picture

AUD/USD

30 minute chart just looks like a nice uptrend to me. If you are long. Relax. Look at H1 and and H4. H1 simply an inside bar that has a statistical probability of breaking up. H4 current candle bullish (so far) and bouncing around between the 8 and ...

AUD/USD

Sconcha, I wish you all the success that can be had on those lower time frames. It definitely is possible to double your account in a week or a few days even. There are traders that do it. I've done it. However, I do not trade that way anymore, ...

Double the Account... by Scalping

Okay, bulls, did you get in at the bottom of the range? Hope so. Anyone care to discuss profit targets? I'm looking at 89 (and tempted to see if it may go higher). However, I will watch GBPAUD, AUDCHF, and of course AUDUSD on H4 for any sign of ...

AUD/USD

Confucius say: Trader who draw attention to himself when he trade well and have much celebration, mean most of time he not have much to celebrate Okay, so I waste more time moving on...

AUD/USD

Agreed. I bought when I saw it simply rejected the last daily low. Good to get in at a better price Seems the range is clear established and has no intention of trending again, yet...

AUD/USD

quotes like this make me wonder if I'm wasting my time on this site

AUD/USD

If it nudges back above 8677 could be game on again. However, if it rejects 8677, I'd expect more downward movement...

AUD/USD

New low made. It tried and failed. Waiting for next opportunity...

AUD/USD

yes, and it looks like the move is starting... Still could hang around here a while, bounce once or twice. But I would not expect price to make a new low in the context of this move, i.e. the move back to last week's close. It appears that the ...

AUD/USD