Nelsy-Boy

No worries @elle. I understand.

Hi @elle. I'm starting to like your suggested 150EMA. Have you got another EMA favourite that you use?

@Mercury I see the dollar bounced off the daily 150EMA which is one of @elle 's favourites. Are you any clearer on what the USD is doing?

@TrendFollower I remember reading about some so called high flyers being arrested for manipulating the price of Bitcoin last year. Is it more risky because it is an unregulated digital currency and what drives the price is questionable? I have never traded bitcoin due to point/profit/loss ratio is too hot for my account. However, I do agree that if the price is trending one way or the other and the TA stacks up, then it is not a pure chance gamble.

WIse words @Mercury. Thank you.

@Mercury I am short NZD/JPY and I shorted USD/SGD after my post last night. I also shorted AUD/GPB last night. Watching closely though because of volatility. Keeping things tight as I don't like losing money!!

@Mercury I have been watching your posts with a lot of interest, especially your TA. Can't go long or short right now. The way it looks on my daily chart TA is a short trade if price falls out of the cloud. Some other FX pairs seem to be lining up for shorting the USD if price falls out of the cloud on those. One recent pair that has happened to is USD/SGD.

I reckon it will touch 5720.

Hi All. I would be interested to chat with anyone using the Ichimoku indicator as part of their strategy or maybe that is the only indicator used. I am currently using it's standard setting in combination with an RSI 5 with some mixed results which I have put down to my impatience and too short a stop. Still, practice makes (nearly always) perfect hopefully!

Thanks Elle. So the top of the blue zone still counts as support and I suppose this means that there is still doubt over the next move.

Is is possible for oil to get down to 6712 mark. The current down on the daily seems strong enough. Are there any major support levels in between? If I have missed one would you mind pointing it out. Thanks!