Trading -AUD/USD

Quote from tradingjournals:

Thanks for the info.

You are quite welcome.

Quote from tradingjournals:

So tomorrow the Yen should do a dance, and bring some waves to forex.

Yep, expect some serious action on the Yen tomorrow, so do your "homework" and get ready TradingJournals, and all of you Yen traders out there... :)
 
Quote from tradingjournals:

Changes/etc

Out of Minus USD/JPY with few + pips.

Added to Minus eur/jpy at 133.67 (via stop order)

Minus EUR/USD at 1.3433.

EUR/JPY @133.32: out of what was added.
EUR/USD at 1.3393: Out of it . Would return to it if it breaks the 1.3390 to 13385 area.
 
Quote from tradingjournals:

I was thinking the same question as you did about AUD. My conclusion was that it is NOT in support of the trend (with the exception of maybe EUR/AUD - both have troubles). The trend looks bad for AUD, so others might use a rally to sell.

News: check with forex brokers, they generally have it for free. I thought to start a site to put such news and trades there.

PS: The year next to your screen name points to a lot of experience. :)

AUD did indeed appreciate! I might go to the short side of eur/aud 1.4415).
 
Quote from xelite777:

Short AUD/JPY at 92.88

On the 1h hour chart, we have two spinning tops candlesticks at resistance level, a very powerful formation indeed.

Let's see now...

I could have made a least 50 pips with that short AUD/JPY trade, too bad I bailed out too soon.
 
Quote from tradingjournals:

EUR/JPY @133.32: out of what was added.
EUR/USD at 1.3393: Out of it . Would return to it if it breaks the 1.3390 to 13385 area.

This thread could be more interesting if you added a few comments about the general idea behind your trading decisions, without revealing the details of your system of course.
 
Seems like the EUR/USD is headed to 1.3440 (38.2% Fibonacci level) after that non-stop vertical rise, and then it will (hopefully) resume its uptrend...
 
The eur/usd did not even test the Fib level, which is a good sign.
Bought EUR/USD at 1.3460, looking for 40 pip profit, this is a momentum trade.
 
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