Thanks for the reply. It's pretty safe to say that most on here should know I'm a day trader...I typically only hold my trades 1 or 2 days at most. I use the Daily and 4hr charts for the overall big picture of price action and 1hr charts for short ...

AUD/USD – Rallies and Clings onto Key 0.93 Level

I am curious, what kind of time period are you referencing? Next week, next month, 6 months from now, or a year? Eventually you will be correct because every market and currency goes up and down.

AUD/USD – Rallies and Clings onto Key 0.93 Level

I have my reasons why it's not.

AUD/USD – Rallies and Clings onto Key 0.93 Level

Short is always a possibility. If you read my post above, where I talk about the percentage of what might happen...I mention pullbacks to .9250, 9270ish, and even possibly .9200 or lower. Just remember, when reading any of my posts...they are ...

AUD/USD – Rallies and Clings onto Key 0.93 Level

It looks like it's just going to take off straight up without a pullback, hopefully I'm wrong because I'd like to get a pullback and get into a trade. But just looking at the charts and multiple timeframes, here's what I see: Weekly: Bullish Doji ...

AUD/USD – Rallies and Clings onto Key 0.93 Level

No problem...I just hope it helps some traders.

AUD/USD – Rallies and Clings onto Key 0.93 Level

Best entry would be a pullback to .9250area(I give that a 10% chance). Next would be a pullback to .9270-80 area(I give that about a 40% chance). The sideways price action and Inverted H&S pattern on 1hr chart could mean we go straight up from .9300 ...

AUD/USD – Rallies and Clings onto Key 0.93 Level

Same story, different day...Buy the Dips on Aussie!!!

AUD/USD – Rallies and Clings onto Key 0.93 Level

You have to trade price action, not news numbers. Happy Trading!

U.S. Manufacturing PMI rises to highest level since April 2010

I think you should read my post again, especially the last line....the answer to your question will be answered. p.s. if that doesn't work, look up my posts from yesterday about my 2 trades...that will also answer your question.

China manufacturing output and new orders both expand at weaker rates in August

Here's another trader who gets it. Price action has proven itself time and time again. The .9200-20 area has provided strong support multiple times going back all the way to April!!! Hence my comment at the beginning of this thread. We have now ...

China manufacturing output and new orders both expand at weaker rates in August

Good job...it was tough trading early on yesterday, glad you made a few pips out of the chop.

RBA Stevens: Opening Statement to House of Representatives Standing Committee on Economics

I won't doubt the possibility that the market trends can change at any time. As I've said before(similiar with your view above)...for me, I want to see the Daily candle close below .9200 before I start selling any rallies. Perhaps after months and ...

China manufacturing output and new orders both expand at weaker rates in August

Ah yes, .9230 area...we meet again!

China manufacturing output and new orders both expand at weaker rates in August

The USD gained around 30pips from FOMC...I hardly call that an "enhance". Anyone else remember the days price would move 100pips or more???

FOMC minutes enhances US$ gains

It's more of a USD issue. Outcome today isn't what I was expecting...time to step aside.

What To Expect From FOMC Minutes? - Views From 10 Banks

Dang, two trades and two small losses...I can take a hint, I'll be sitting out for a little while now and avoid this chop.

RBA Stevens: Opening Statement to House of Representatives Standing Committee on Economics

True. I'd also like to add to my comment about that euro could be the exception since they have their own problems and Draghi wants it lower.

What To Expect From FOMC Minutes? - Views From 10 Banks

Glad I got back in at .9294 just before US session when price stalled at .9280-9290 for a few hours. Now I'm hoping the FOMC does what I'm expecting and A/U heads for .9400.

RBA Stevens: Opening Statement to House of Representatives Standing Committee on Economics

Expect to be disappointed by the FED...as usual. Yellen is enjoying a weak USD. Too much hope/hype is being put out there, but I'll never say never. There's always that 1% chance of a surprise. Trade wisely.

What To Expect From FOMC Minutes? - Views From 10 Banks