2014/05/15 (Thursday) Price Action

FX:AUDUSD   Australian Dollar / U.S. Dollar
21 0 0
Looking at just the day candle I can see we had quite a mix movement today no doubt keeping those intraday people active. We ended up on a down for the day after an initial scout to the upside. On close being probably the recoil from the downside rejection tapered in momentum in keeping with the sideways motion this week.
I will not be looking at any signals here until I get a strong set of days in the direction of the trend. I am hesitant to enter any position on this pair in any direction since these bipolar candles can indicate longer term position exits from built up long positions, and further movements down.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out