RBA news coming shortly, looking for a long entry (about 30 mins after this posting)
So if it just dies on the chart, don't hold that against me :) No entry yet.
This would be the ideal place and time for a bounce.
Would not be surprised at a stop run below 0.75 through.
So I will be watching for such spike DOWN on GOOD news!
Will wait for the news to seek entry, but wanted to put this out there
Interestingly: I bought at 0.75 in December, per the plan at that time:
Wouldn't it be sweet if the RBA gives it nice ricochet again!
So if it just dies on the chart, don't hold that against me :) No entry yet.
This would be the ideal place and time for a bounce.
Would not be surprised at a stop run below 0.75 through.
So I will be watching for such spike DOWN on GOOD news!
Will wait for the news to seek entry, but wanted to put this out there
Interestingly: I bought at 0.75 in December, per the plan at that time:
Comment:
Currently watching 7485 and 7390 for possible signs of bottom
Trade active:
Just bought a tiny bit (10% of trade amount) at .7507 (the 07's are one of my limit buy numbers). Will add more all the way down to .7390. If it bounces right here, will add 10% increments after each milestone/retrace on the way up.
Trade active:
Looks like wee bit of a bounce off the Dialy S1 pivot, after diving from the Daily Central. AU clearly following the pivots
Comment:
Grabbed a few more limit buys in the 7450-7480 range.
Maybe that was the spike below .75000 to take out stops.
Maybe it will go a bit lower, but am pretty sure it will bounce soon.u
Maybe that was the spike below .75000 to take out stops.
Maybe it will go a bit lower, but am pretty sure it will bounce soon.u
Trade closed manually:
Closed trade with tiny profit.
US fomc news was mixed, AUS news was ok.
But not looking like its ready for a bounce yet.
Will keep an eye on .7390 next, or bounce and retrace to long again.
US fomc news was mixed, AUS news was ok.
But not looking like its ready for a bounce yet.
Will keep an eye on .7390 next, or bounce and retrace to long again.
Comment:
I have added a new chart hunting the short time frame for entries
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
If anything, a little dovish.
No rate change, hold for longer.
So no strong bull force to be had.
But regardless, still at a solid bottom and wants to go up.
The news did make a TINY blip. But most telling was it bounced from a key 618 extension, yet was stopped by the measly Daily Pivot. So now watching to see if it breaks Daily Pivot, then maybe scout a long entry.