I am still long bias on this, but as an active trader I do take opportunities to make extra when graphs lines up. I have a short-term short position active at the moment, with full signals for a short. Do keep in mind that this short position is within a very dominant uptrend. There is a small bullish channel within this bullish weekly channel, which to me is...
We just went through an expansion where we should had been taking profits. Do not think of shorting knowing uptrend is the dominant trend. I put an ideal zone for best entry between 1.9279 and 1.9288, where I will be taking another buy position when time comes. Until then, sit on the sidelines or find another pair to trade. Happy Hunting.
GBP/AUD is the only pair I do trade and pay close attention to so what is happening at current times. Been Short bias for a long time, but I can't deny when I change in trend is so obvious. Short bias since the 1.9700 level. Shorted until the 1.9160 level became a strong level of support, watched it get tested multiple times. That support level was once a...
I've been short bias for the longest time until this moment. Too many indicators and signals of major support to the upside. This would be the ideal time to enter the trade for anyone who been wanting to go long. Strong support on 1.9162 Double Top Reversal failure to break neckline Uptrend below still holding up. Custom Algorithm unable to keep signals for...
Best time to enter a short position, looking to TP at major support.
Been watching very closely on the movements lately, this area is showing signss of weakness to the upside for now. Many traders been caught in a shake off during the last few hours, but still not clear trend, could go both ways. I personally is sitting back and letting things play out first. Happy Hunting. For those who are wanting to short, this area would be...
This is the 3rd time support had held up, originally shorting was in play until this had happened, look to an uptrend direction knowing that support is very strong at levels. Looking towards 1.93235 as TP.
Been following GBP/AUD being it's the only pair I do trade. Short started from a week view point around 1.97 Tested a very strong weekly support that had bounce out multiple times. Reversed to an uptrend looking to go go long. Fakes out and continues for a short causing a current downtrend using the 4HR charts, where it goes, possibly to retest a weekly support...