Best forex charts out there today

Do you agree with my target of .95? What is you target?

  • 1.00

    Votes: 0 0.0%
  • .99

    Votes: 0 0.0%
  • .98

    Votes: 0 0.0%
  • .97

    Votes: 0 0.0%
  • .96

    Votes: 0 0.0%

  • Total voters
    1
  • Poll closed .
Jan 22, 2011
479
4
28
www.tradetheeasyway.com
#1
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

:clover:
 
Jan 22, 2011
479
4
28
www.tradetheeasyway.com
#3
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
 
Jan 22, 2011
479
4
28
www.tradetheeasyway.com
#4
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.:clover:

Mike
 
Last edited:

isatrader

Well-known member
Oct 20, 2010
2,926
126
73
#5
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/technical-analysis/134944-stan-weinsteins-stage-analysis-20.html#post1750030
 

isatrader

Well-known member
Oct 20, 2010
2,926
126
73
#9
Thanks, I'm no good at the intra-day stuff that most do on here. But have found that longer term moves are more my area and I like the way fx tends to trend long term and can give you less correlation to the general market moves if you pick pairs like GBPEUR.
 
Jan 22, 2011
479
4
28
www.tradetheeasyway.com
#10
I'm long usdjpy, it has huge supoort at htis level and my stop is very close by.

I also like gbpaud long for the same reason. The daily bar is what I call a stopping bar.

Mike