Multiple Knoxvile Divergences in a row, reversal tabs all over the place (it doesn't matter if they're red or green - when you see a few of them in a row, it's time for a big move, and I always follow the divergence). I've got an order to go long at .9270.
AUD/USD on the 4hr is looking really, really good. If I could trade options without crappy spreads on the currencies, I'd be buying volatility here with an expiration in August. When we see three Reversal Tabs in a row on a chart, side by side, that's an indication that we're going to see a substantial breakout that is at least as large as the range inside of...
I'm generally getting more USD bullish as we end July. But this is one pair that I think could buck that new trend, so I'm going to be more cautious about selling it. Of course, my bias always screws me up so I'll just put in the order like I always do.
Nice divergence trade finally pushed us up a bit on the pair. Looking to buy again just above where we stopped. And now we've also got bearish divergence and a Reversal Tab showing some downward pressure that might cause this trade to never open.
Divergence setting up, joined by a clear level of support, through which we'll probably see a nice 15-20 pip move.