99nines

Major up move coming on AUD?

FX:AUDUSD   Australian Dollar / U.S. Dollar
445 5 3
Interesting pattern emerges..
3 letters... O M Gosh :)
+1 Reply
Thank you, very interesting
Reply
Sorry, probably some error in the description of the pattern:

"... usually after 4 high/low minors and 2 high/low minors ..."
Reply
yea maybe I didnt explain it well enough.. when my counter (custom indi) gives me 8 minor highs and lows like that (the blue circles) the 5th low becomes a "major" so a LARGE move happens. I've seen this work every signal time on all time frames on EU. it's the first i've seen on AU so i was a little apprehensive on opening a large position. Only took 1 lot. If this pattern had emerged on EU I would have taken a much larger position because it's so reliable.
-1 Reply
big Bingo... this pattern on my counter continues to rock my world (and account :) ). Major low now in place.. waiting for a 100 on the 1min chart for a possible sell... nothing yet
-1 Reply
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