Maybe they want to catch a trend or try to follow the trend, wondering how easy is trade with the help of oscillators and Moving averages (In the past events). Or they are searching for a Holy Grail or perfect strategy. I don't know."
"Jason, Watch rough patch at 147.19, 147.27, We are at do or die points. I like shorts below 147.19, comes next 146.91 then on to 146.35 and 146.12, you need a 146.91 break to go short, price is overbought and approaching more overbought with any…"
"Jason, GBP/JPY is sitting dead on support now at 185.76, if price goes higher then next 186.10, 186.45, 186.46. I stil like the sell to 183's or at least to 184.40, next below 185.59, that's the point preventing 184.40. If 185.59…"
I think I agree with you..I am looking to go long nearer to the 0.8520 region....
Looks really oversold so we may have a decent bounce before it comes down again.
Thanks for your thoughts.
By the way, can you also share what you feel…"
"Hi Jason, As long as AUD/USD remains below 0.8690's then short, that the big immediate point but because its so oversold I might attempt longs above supports. long above 0.8534 to next 0.8554 and 0.8591. 0.8619 and 0.8639. Intraday target is…"
I must really congratulate you on the great call on the AUD and NZD.
But I am curious where do you see the AUD and NZD from current levels ?
They have fallen quite a fair bit so it is a tad difficult to call now.
Can you share your thoughts…"
2. Do not come to fish traffic to your site; Do not come to get clients
3. Discussing is welcome; Lack of respect is unwelcome
4. Use English at All Times
Any trade recommendations/ideas placed in this site are not endorsed by FXstreet.com. Readers must make their own analysis and trade as per their own analysis, risk tolerance and money management principles.