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Regrettably it is worse than this: modern medicine DOES NOT WORK. All smoke & mirrors.

correct : forex is scam. trade it as such.

observe gold stocks as well, say GDX. and compare movement gold vs gdx. It appears that strength in gold is preceeded these days by GDX strength. Log chart of GDx shows GDX more than doubled form low and rejected GFC low. Likely bottom behind and is racing towards top of the range at 68 or so...

you are not serious ? coal fell 90 % or so and you want to short ? Mere retracement can get your losses 2x size of your max win in no time.

order not done. Sellers did not manage much, no lower low. Disappointing. time for some upside coming. Pair need to hold up another 24 hours and sentiment will flip, based on my system. I am just observing here. Trading this 8000 zigzag dance is not worth it.

interesting, i have order to buy today 78.75.

77 would invalidate my call, especially sitting below this area for couple of weeks, and I would cut my $ ambitions. So far zigzagging around 8000. for the record, current state - hourly chart

you are right. Markets often play around numbers up and down for several months frustrating any system that uses round numbers as basis. If my call works then penetration below 80 should not be deep and not last long. So far looks like zig zag thru 80 pattern seen on daily.

aud back below 80 = 78.80. sitting on modest gains from 3 shortterm buys. Looks like i just had bit of luck. But will only buy above 80, and especially when TL , currently around 86, breaks. My longterm bet doing okay and will not alter anything even if audjpy breaks below 80 for good. It is...

phew ! audjpy back above 80. For a second got a bit worried. as it went down near 78. my best guess pair will rest above 80 and make break out of congestion. TL on weekly i am watching is now at 8600. After that I will trade short term, all the way down to 10 seconds intervals. audusd, usyj and...

another week, this time 10 pc down and audjpy below 80, thanks to int rate cut. rba want to keep property fairytale going for now in 2 big cities. resource complex down across the board, with notable exception of gold. Expect more strength in gold. See when will alarm go off in gold bug heads...

oil has reached bottom and we will see significantly higher prices in years to come.

my belief is gold has bottomed. there is large group of speculators waiting below 1000, and they will not get fill, so at some point will start chasing market.

what BOOM ? you mean booming market. today just sprayed au banks with another large stimulus. eventually market should recognise unfair printing going on. this is when one can expect large gold gains.

i am looking at audjpy right now. it is at 80.00, large support and buying now is the thing to do on technical signals, like TL break. I like 4 hrs TL breaks. gold passed 1300, came back and now sits below 1300, which makes me wary short term. sure would not be buying it below 1300.

another week another 10 % up on my investment. AUDJPY remains on the right side. Every good trade started well in my world. As some trades do not start well and are mostly not good, odds of me being correct this time have increased since original call. Looking for 10 to 20 x low point in mining...

interesting development. Everything up (i mean resource sectors here) but audjpy. Note audjpy still above 8000. In my view this is divergence and one should consider 2 directions and discard the other 2: consider 1. buy aud 2. sell jpy against anything discard 1. sell aud 2. buy jpy against...

gets really boring in that alpine pace. entertainment always good. I bet some indian made rockett managed not to explode in first 34 seconds.

b i believe audusd is not hot although move is clearer on upside than audjpy. real short term opportunities in audjpy will come once past 107. 1.5 month in a trade, audjpy remains on right side of 80, it is 2 cents higher. my portfolio appreciated roughly give take 20 %. 3 short term...

play on buy side of AUD and sometimes forget to take profits, if you can. surprises will be on upside.