The AUD and GBP yen pairs both triggered an A down for me at 430 my time. I was out on the town watching football, so when I got back, AUD/JPY was only 20pips away from the trigger, so I took it. Minimal position sizing.
I think the AUD/USD is a better short then AUD/JPY. It's already confirmed a monthly A down and AUD/JPY hass not yet. This can be confirmed by looking at USD/JPY which is catching a bid.
You are not alone. Per MF book, about 8,000 people took MF class, 4,000 slept through the class, out of remaining 4,000, 3000 did not had discipline to be successful. Thus in the end, out of 8,000, only 1,000 or so survived and only 500 became really successful.
Ur correct, but the Aud/Usd train had already left the station by the time I was in a position to trade it. See, this is what is good about ACD. We are seeing the same stuff using entirely different systems. My A down for aud/usd was 431, when I got back to my pc, price was too far away for me to take the trade.
Mav, it looks like Fish is big into intermarket analysis as well. What is a good way to expand on that for this thread?
That pair is still above my QTR A up so not too excited about that short. The dollar breakout is pretty strong, I would really favor sticking with long dollar trades vs the cross rates.
I'm sure you don't trade this pair RCG, but when there is a major crisis, this USD/HUF is a roman candle. I know the spreads are wide but when this thing goes, it goes. Confirmed A's across the board.
I got your PM. I figure I'll just respond here. I don't really want to share my A levels or my OR levels. It's not because they are "special". I just don't want more stops around me. I have to be selfish sometimes.