Bollinger:


Yeah i noticed too when i placed the EUR/AUD trade on friday. At least it is behaving itself so far at market open. Hopefully it reaches the desired exist point. Did you close out the USD/CAD sell? Mine is still open.

teejaysmarty1:
EURAUD weekly TF signals a down week guys(day traders).
So lets wait with a RED short hammer on the 1HR & 4HR TF to smash it down
IF we get the green lights.

Cheers!

How do you come to weekly is down on Eur/Aud ? Maybe I need my meds to see clearly

redsox11:


How do you come to weekly is down on Eur/Aud ? Maybe I need my meds to see clearly

redsox11:


I set it to free trade. I need to hit the sack, I'll check it again during London session.

currentprice:


you better run now boss, if you let Bollinger lost his inner online area boy, he can bring Army come beat you inside your house o

PIPnator:
Risky buy on CADJPY.

(Weekly, Daily and 4hrs Charts)

BullBearMkt:

...good job @PIPnator. I see it as "low risk" going long on CADJPY - Trading along High Time Frame Trend. Pair strength on H4 will be a good entry

PIPnator:
What else are we looking at here..

AUDNZD possible sell on weekly (IF) the daily support breaks.

BullBearMkt:

...high risk trade buddy. Both AUD and NZD are getting strong independently. so pairing them for trading could go either way

PIPnator:



if either support or resistance is broken, i think it means, one is already weaker and the other stronger? Isnt it?

Bollinger:

I hope it works out.

BullBearMkt:

...from your chat above on AUDNZD, see the number of times the supports are broken and price trade back into the support - it does not exactly mean a weaker or stronger currency

PIPnator:



Price is dropping from the Weekly resistance, which tells AUD is weaker. Now price is at the daily support, if it breaks the daily support, it confirms (further) the weakness of AUD compared to NZD. if it holds, it has become stronger than NZD.

Now here is the logic behind the chart, price dropped from the weekly resistance and its safe to say that the next target should be the Weekly support. The higher the time frames, the stronger the support/resistance. In this case, the weekly resistance is stronger than the daily support.

That a base or quote currency is stronger or weaker than one doesnt mean its same across all base/quote currency. Canadian dollar is quite/very strong at the moment compared to US dollar and some others but that doesnt mean anyone should go selling GBP to buy Canadian dollar. At moment GBP is stronger than Canadian. Thats why technical analysis is often better than fundamentals.

VeeVeeMyLuv:

Una dey try o,
This is why it is not wise to trade many currency pairs at once esp these minor pairs you listed, they can mess you up if you are not careful

currentprice:




@orpeeh one of my oga posted this youtube on other thread, might help u

PIPnator:



I like to analyse charts with best possible opportunities over the weekend and wait for market open on monday. But trading them depends on my gut feeling/ the one with the bestest opportunity.

Meanwhile was replying a comment here and missed closing my USDCAD trade manually. It missed me by just 5 pips (123994) i think.

*** Not a trade call but i have a feeling USDCAD might shoot up to the orange line on this chart because of how the previous weekly candle closed. Thats why my target is at 1.23994. If the minor support there breaks, I will sell again.

teejaysmarty1:

You are right bro.
EURAUD weekly is to the upside right now.
My Tech analysis tells me the next candlestick on the weekly is likely down(if not this week then next)
So for me to short it , i am waiting like an hungry lion on the 4HR TF for short signals( to sell if signal shows up)
But if my sell signal dosnt show up then it means the uptrend still continues.

Can i hear your own analysis?

Bollinger:


You have a good night.

VeeVeeMyLuv:
AUDUSD H1

redsox11:


I expressed my thought on previous page. I got in with a scout that went +35pips before coming back to my entry.



Thanks man, I closed one of the U/C trades today, I left the other one running.




Nice buy you've got there buddie.

Bollinger:


I think EUR/AUD is about to fall.

PIPnator:
Good my people, what are we looking out for today..?

On my side..
Closed USDCAD yesterday. Will sell again if the minor support breaks. NZDCAD from last friday, doing a brother well. the CADJPY doing some how, some how. its doing 24pips now, it did more earlier but dropped to 24. Might close that CADJPY, not too confident on it anymore. EURCHF, 14pips right now.. Meanwhile i have one long term trader that is doing me a big bad at the moment

Some others that im watching..

NZDCAD, NZDUSD, GBPUSD and some EURO pairs

*** NZDCAD, the trend is clearly up but I sold from last friday on the hope of little correction/Retracement. Seeing the monthly candle, I hope to buy after the correction for the long-term.