Guys next session will be either Friday or Saturday, not sure about day yet, same time as we always start. I was thinking this time we could rather do it trough Forex tester software instead of MT4 so that we can have direct live historical charts so in case if you have some troubles with following system it should be more clear.
Gold droped 100 pips since my early call today and overall 500 pips since my call few weeks ago. Target is now 1180, shorting as soon as lower lows are meet after ralies is good pick. 1180 could be broken later aswell forming strong drop.
Did you stay in EA?? If so you should be waking up to a 100+ pip gain.
AUD hard surprise with GDP to the down side…any surprises were expected to be to the upside, however…look at this:
2 quick pops downwards within 35 min (10 pips) and 5 min (5 pips) of news…wish I had the guts to go with what I suspected, which was the leaking/selling of news before release.
You wouldn’t think a 10 pip pop on a volatile pair like AUDUSD is odd unless you look at the 5 hours before hand where the biggest 3 minute move was a 7 pip drop after a pretty strong climb (around 5 hours before). Plus GBPUSD and EURUSD didn’t reflect these moves…normally they would show something.
The reason I’m pointing this out is that it falls in line with what Jan was saying in session 3 about the manipulation of fundamentals.
Nice analysis there guys, LaCamus those news were rate decisions if i am correct, i will let you know guys how to trade those on next session.
Bernardo i dont think that GBP pairs are yet ready for shorts, seems like it will take more time maybe even not yet this week.
Well not much to trade today, except short on USDCHF if support is broken.
Have computer formated now on fresh windows instal so there is no more overheating and much better performance, which should make sessions much better.
Actually this looks most promising for today, but chances for complition are not good. Screenshot by Lightshot
I wish you luck with computer. Get a fresh copy of C on an external drive.
Then you dont need ever new install, just copy it back.
I use Paragon Backup & Recovery 2013 Free
Let’s put this fundamental manipulation theory to the test…
based on moves before CAD and USD news I say good for us, bad to neutral for CAD…that’s my assessment.