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benaiah replied Oct 14, 2014Also, if you look at NZDUSD, it has been moving very similarly to AUDUSD. Will NZD keep doing what it has been doing and stay in a channel up? Will AUD follow suit? I'd say right now looks like they both intend to move up short-term. But that could ...
AUD/USD
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benaiah replied Oct 14, 2014We have start of a bear flag channel. Bears decided just shrug it off and push it right through the bottom. Bulls said oh no you don't and pushed it right back up to the bottom edge. Here's the thing, nothing for sure. But I'm long until I see that ...
AUD/USD
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benaiah replied Oct 14, 2014This thing may end up breaking downward in the long haul. But I don't see that the bulls are ready to just let it go down easy... Daily chart is showing an inside bar inside an inside bar inside an inside bar with false breaks, but nothing for sure ...
AUD/USD
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benaiah replied Oct 14, 2014I wish you success as well. And wish I had the patience and capital to trade long term like you. A lot less work

AUD/USD
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benaiah replied Oct 14, 2014FX-O, I also wanted to add to my prior comments that I don't try to pick tops or bottoms, if I can stop myself... Yesterday, I thought this pair MIGHT be shaping up for a reversal on the H4 chart, but now the price action on H4 AND D1 show it is not ...
AUD/USD
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benaiah replied Oct 14, 2014Thanks for the response. However, I don't really use indicators that much, since they only represent what the price has done up till now, but not really what it is actually doing now, or what it might do in the future. Also regarding your other ...
AUD/USD
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benaiah replied Oct 14, 2014Really? I only see support broken both on weekly and monthly chart. But looking at time frames as high as weekly and monthly, I think you just need to wait. Eventually, you'll be right

AUD/USD
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benaiah replied Oct 13, 2014Prior low was 8641 on 10/3...Or at least that is what I see on my chart. Showing 8651 for the recent bounce. So, it was pretty close, maybe different brokers show slight variance in price, but I have charts from 2 different brokers and although the ...
AUD/USD
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benaiah replied Oct 13, 2014I'm targeting 8889ish area. And if it looks comfortable up there, I might hold and see if it can make a new high. Very volatile, so I agree, we'll see it come down again. But how far will it come down? It wasn't able to make a new low the last time. ...
AUD/USD
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benaiah replied Oct 13, 2014I'm long as well. But looking to hold for potential breakout of consolidation. Been in since yesterday, so targeting 200 pips. Or settle for 100 pips if it breaks down...
AUD/USD
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benaiah replied Oct 13, 2014And congrats to all who are still in short from the top of this fall

GBP/JPY
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benaiah replied Oct 13, 2014If you are long, I hope it works out. But I won't go long on this pair again unless I see evidence of a range developing, or reversal. So far, if you look on the daily chart, it's basically a free fall. it hasn't even retraced anywhere near the 20 ...
GBP/JPY
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benaiah replied Oct 13, 2014Looks like a 250 pip range, with bearish break out bias, since downtrend on the daily. But since the bears couldn't make a new low this time around, do you think it will give the bulls confidence to try and push above the last high?
AUD/USD
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benaiah replied Oct 9, 2014bigger picture on the H4 chart. Bear flag within a bull flag. I think if/when this bear flag makes it's way up to meet the top of the bull flag, it will be a good opportunity for selling. There will be a lot of confluence up there pointing to a ...
GBP/JPY
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benaiah replied Oct 9, 2014Bottom of bear flag bounce. If I'm right, I'll also go short at the top of it, probably. I'm thinking eventually a break out at the bottom of this flag, and expect price to go to 170-171 area. This would coincide to 1:3 R:R for that big pin on the ...
GBP/JPY
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benaiah replied Oct 8, 2014Well, hopefully, you've been in a while and things haven't gone too far South... I'm not comfortable trading this pair anymore until I see a daily bullish signal, or something on the daily chart that tells me what this thing is gonna do. Looks too ...
GBP/JPY