Best forex charts out there today

This is a discussion on Best forex charts out there today within the Forex forums, part of the Markets category; USD maintains its strength which saw the dow close down for 5 trading days out of the last 6. AUD ...

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Old Dec 19, 2011, 11:02pm   #1
 
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Best forex charts out there today

USD maintains its strength which saw the dow close down for 5 trading days out of the last 6.

AUD is very weak and the gbpaud has fired long as the audusd continues its decline. looking for an entry in gbpaud at 15630 and short aud at 9940.

This strength in the usd has put the dow on the edge. EU ministers failed to agree to lift the ceiling on the etsf fund so I will continue to short highs in the Dow and stay away from oil (unless we break the lows). Looks like it's a rocky week ahead.

Mike Hamilton

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Old Dec 20, 2011, 1:07am   #2
 
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Re: Best forex charts out there today

Nice to see you back Mike
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Old Dec 20, 2011, 6:56pm   #3
 
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Re: Best forex charts out there today

TradeTheEasyWay started this thread Hi, pity I didn't start on a better note though. The gbpaud reversed on me and my audusd short looks like it will stop me out for a smaller profit; the dow slammed into reverse and messed my plans up.

Looks like we will get a reasonable dow close into Christmas.

Mike
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Old Dec 21, 2011, 6:16pm   #4
 
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Re: Best forex charts out there today

TradeTheEasyWay started this thread audusd, shorted the highs today - test of daily 200 and weekly reistance, will hold this one. I will add to the position on any pull backs.

Entry: 1.0195
Stop: 1.03
Target: .95

See the poll above.

Mike

Last edited by TradeTheEasyWay; Dec 21, 2011 at 6:22pm.
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Old Dec 21, 2011, 6:21pm   #5
 
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Re: Best forex charts out there today

Quote:
Originally Posted by TradeTheEasyWay View Post
audusd, shorted the highs today - test of daily 200 and weekly reistance, will hold this one. I will add to the position on any pull backs.

Entry: 1.0195
Stop: 1.03
Target: .95

Mike
I'm of the same thinking on this one. Did a post on it the other day in my thread http://www.trade2win.com/boards/tech...ml#post1750030
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Old Dec 21, 2011, 6:22pm   #6
 
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Re: Best forex charts out there today

TradeTheEasyWay started this thread Great minds hey Dave.
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Old Dec 21, 2011, 6:29pm   #7
 
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Re: Best forex charts out there today

Quote:
Originally Posted by TradeTheEasyWay View Post
Great minds hey Dave.
My big FX trade at the moment is GBP/EUR which I got in on 27/11/2011 at 1.1636 with a target over the next year at 1.28
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Old Dec 21, 2011, 6:41pm   #8
 
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Re: Best forex charts out there today

TradeTheEasyWay started this thread Nice going Dave, great patience; that one is too slow for me.

Mike
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