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benaiah replied Oct 23, 2014And if you aren't familiar with gap trading, and want confirmation on the validity of this little gap theory, look at GBPJPY on a daily chart, what's been happening over last few days, and what's happening right now? Bears tried to push below the ...
AUD/USD
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benaiah replied Oct 23, 2014Probably goes without saying, but bears only control the top of the range, which means nothing at this point. Same as bulls controlling bottom of range doesn't really mean much long-term. However, to me, the deciding factor is that gap, as it is the ...
AUD/USD
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benaiah replied Oct 23, 2014held at 8752ish, bottom inching up. Once the bottom is 8759 (towards top of gap), I don't look for it to turn back for a while... Again, my analysis is based on that gap. As long as it bounces off it even when falling through, the bottom will keep ...
AUD/USD
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benaiah replied Oct 23, 2014A really really good place to enter trades right now. Tight SL just below yesterday's low for long. But for short, I'd not be comfortable unless it rejects yesterday's low, or some superbear candle...
AUD/USD
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benaiah replied Oct 23, 2014If you look back in recent history on your D1 chart find the gap, the price is currently in it. Gaps are usually heavy S/R levels...
AUD/USD
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benaiah replied Oct 23, 2014I like channels when they form. Makes it really easy to know when to buy and sell and what your targets are. Here is an H4 chart with what looks to me, a start of a channel up. But I've also posted the other side of the coin, which could be viewed ...
AUD/USD
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benaiah replied Oct 23, 2014I'm done range trading on this pair for now. Range is tightening, and volatility is increasing. Ripe for a break out. Time to pick a side and fasten your seatbelt

AUD/USD
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benaiah replied Oct 23, 2014Bottom of the range. Up from here. Bulls have drawn a line in the sand at 8748. Bounced there yesterday. Couldn't touch it today. Will not touch this price again in the context of current targets. Still ranging, but tightening up. Once 8759 becomes ...
AUD/USD
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benaiah replied Oct 22, 2014All my analysis was on D1 time frame. GBPAUD is channelling down at the moment from a swing high on 9/29. Big picture doesn't show GBPAUD on an uptrend either, but that's neither here nor there, I'm only looking at what it is doing right now, and ...
AUD/USD
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benaiah replied Oct 22, 2014Target is 9360. I figured not much stopped it coming down, so there won't be much stopping it going back up...
AUD/USD
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benaiah replied Oct 22, 2014Looking at Daily chart, I'm thinking we'll see a breakout within 2 days, 3 days max. I can absolutely guarantee... oh never mind Anyway, if we don't see a break out within 2 days, we'll need to re-analyze the pattern, as the price probably will be ...
AUD/USD
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benaiah replied Oct 22, 2014Jayjb, now you make me wonder if my jokes just aren't funny
]] Anyway, yep, I think we're headed back up, and expect a breakout long. I posted prior my reasons, price is holding above 20 ma, and correlated positive/negative pairs ...AUD/USD
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benaiah replied Oct 22, 2014Do you seriously not get that I was joking? How could I guarantee anything anyway? Did you also think I was serious about putting lines on my chart to stop the price? Come on now

AUD/USD
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benaiah replied Oct 22, 20148748 is the bottom of the range. Will not go one pip below it. It will go up from here. I can absolutely guarantee this, unless of course it doesn't work out that way...
AUD/USD
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benaiah replied Oct 22, 2014I see what you did there. Took me a minute. But I see what you did there...

AUD/USD
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benaiah replied Oct 22, 2014Meanwhile, price will not go below 8748 (also drew a line at that level on my chart to catch it) Time to BUY, BUY, BUY!!

AUD/USD