Straight Line Trader

[SLT]

USDX divergence

 

[rod178]

If you look thru some of the old material (at least two years ago) on SMT correlated pair divergence you fill find that the recommended methodology is, as in the case of the Aussie/Kiwi example, to go Long (when it fakes lower to a pre-identified support) the stronger pair , ie the higher low, which in this case is the Kiwi.

 

[SLT]

If you look thru some of the old material (at least two years ago) on SMT correlated pair divergence you fill find that the recommended methodology is, as in the case of the Aussie/Kiwi example, to go Long (when it fakes lower to a pre-identified support) the stronger pair , ie the higher low, which in this case is the Kiwi.

ah ok cool, look at this

 

[the golden gun]

Live examples occurring on NZD AUD now!

 

[SLT]

Live examples occurring on NZD AUD now!

there will be trades to be had then

 

[SLT]

Aussie USDX - will this rally kiwi?

Im not much of a fundamental head, but think of this. If RBA was thinking the US Dollar could take a hit, then Aussie will rally, possibly hurting the economy more, maybe they are pre cutting rates into the market "cushion", then cut again if Aussie did rally later on...
Also there is talk of asset managers looking to carry into Aussie and kiwi, as other nations are not doing very well at all.
that's my two bobs worth
Also COT is heavily NET long, still

 

[SLT]

Kiwi at weekly block 50%

 

[rod178]

Went Long Kiwi at the 72 BRN

 

[the golden gun]

there will be trades to be had then

So what trade did you take based on SMT?

 

[SLT]

So what trade did you take based on SMT?

I was long Aussie for 20 pips from the Trade Balance release, closed it out
I set up a Sell order on Aussie before the Rate cut, i didnt get my price though...
take a look at this FXCM dollar chart

 

[SLT]

Big foot print that one...

 

[SLT]

As suspected Aussie retraces all the rate cut losses

 

[matty44]

I'm eyeing this for tonight's LO....

Thoughts???

Matty

 

[SLT]

I'm eyeing this for tonight's LO....

Thoughts???

Matty

Only if there is USDX divergence in this camp 8)

 

[SLT]

Quite times mark for big things

 

[sakib717]

Quite times mark for big things

i watch 1min chart for buy/sell model to confirm trade, now i can use 1min chart too

 

[SLT]

i watch 1min chart for buy/sell model to confirm trade, now i can use 1min chart too

 

[SLT]

Long Aussie

 

[SLT]

Demo trade cable

 

[SLT]

I am doing some ICT Old School on a Demo Account...
I will post winning and loosing trades, using a tick or a cross, the ticks atm just display recent possibilities on this demo account
Am using Cable Fiber & Aussie, if i post any other pair than that, slap me in the head!