AUD/USD

Hey RC,

Great post man, really detailed.

Without wishing to hijack the AUD/USD thread anymore, ANTO's recent progress is discussed in the ANTO thread where a round-bottom is forming (hold your thinking there buddy - I know the sun out and you're bound to see lots of these, but I'm talking about charts this time! hehehe ) or a Cup 'n' Handle - which is a bullish case.

Trading wise, I don't really have a specific time-frame - I'm still learning after all these years, and I still don't know what kind of trader I am

Recently, I have been trading over a few days, but historically, I'm not far off from your time frames (10-14 days is familiar).

DMI has served as a confirmer, a supporter to other indicators to be fair, so I'll give it the time of day and see where I am after a decent trading sample.

I've got to say, you've got me intrested in the Linear Regression Indicator now, but I do wonder from a short-trading perspective, why "indicators" such as TRIN (Short-Term TRading INdex) aren't referenced often; surely they might be worth a look.

Anyway, happy to continue this chat on the ANTO thread or another thread - perhaps a new thread called Technical Indicators? Before we awaken the over-worked and sleep-deprived AUD/USD Forex Traders!

Fantastic stuff guys.

Really is.

Libero - if you ever had the time, I think you should write a blog on using the ADX indicator.

I found what you just wrote really very interesting and on the back of it I am going to read some more.

Yourself and RC could discuss in much more detail there and perhaps everyone could learn. I thought those post were fantastic.

Trading AUDUSD long based on the H4 charts currently. Looking to move up to Daily charts if this rally continues.
The position has closed half and is at better than break even on the SL now, so a winning trade whatever happens. The SL will trail the price as/if it goes up more.

Possible 123 low formation. One to watch...
Long above 0.9219
stops below the 2 point(where ever that may end)
This ones still forming so add to your watch list

Finally broke out of the 123 low formation

dl.dropboxusercontent.com/u/4899609/audusd10thsept.png

Long @ 0.9420
SL 80 points