In fear of stepping on mr booma's toes i thought i might share a...

  1. 1,254 Posts.
    In fear of stepping on mr booma's toes i thought i might share a bit of currency thoughts without all my bajillion indicators and lines just simple price and trendlines...

    Currency trading is slowly becoming an addiction and i find it almost easier than shares a lot of the time especially for day trading! crazy old scilliams i know!

    Anyway thought id share these 2 charts with you all First one is A/J just similar pattern i remember seeing near the tops... And A/U with what could be a 5 wave pattern up in a rising wedge... ranges have repeated nicely.

    Just a thought boys and girls but bigger picture to me is still bullish but i cant buy it there...

    I was going to attempt to show some ranges and how they might apply to the currencies for a few of the class mates ill see if i have time and i might pop it on the blog bit later :)

    AJ

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    AU

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