Sentiment here , if you like it you must comment why :)
Hi Everyone,
So just a quick how you all getting on out there ? I hope everyone is staying safe during these times, I personally feel lucky to have got into trading back when I did as we are the ones that know with this knowledge we are able to work anywhere , please feel free to comment anything you like as it can be a lonely old game, and it would be nice to encourage people to interact along with your ideas, and I can have a look for you .
Same bias here , Australia is quicky recovering and it shouldn't be too long before the wheels start turning again properly, which is why the Aussie $ has seen the buyers stepping back in .
Gonna be going short but I just want to see what this pair does at strong T/Line resistance, as I feel we get a push higher to the 1.08 levels where I have set an entry . My view long term for the Aussie dollar is Neutral to Bearish based on the RBA's mid term view and talks of an easing so reading between the lines their aware the economy will possibly need some help from them in the coming months .
Entry @ 1.08
S/L @ 108.80 just above last candle high
T/P 1 @ 1.0680
T/P 2 Let it run with a trailing S/L
Stay safe more ideas coming .......
So just a quick how you all getting on out there ? I hope everyone is staying safe during these times, I personally feel lucky to have got into trading back when I did as we are the ones that know with this knowledge we are able to work anywhere , please feel free to comment anything you like as it can be a lonely old game, and it would be nice to encourage people to interact along with your ideas, and I can have a look for you .
Same bias here , Australia is quicky recovering and it shouldn't be too long before the wheels start turning again properly, which is why the Aussie $ has seen the buyers stepping back in .
Gonna be going short but I just want to see what this pair does at strong T/Line resistance, as I feel we get a push higher to the 1.08 levels where I have set an entry . My view long term for the Aussie dollar is Neutral to Bearish based on the RBA's mid term view and talks of an easing so reading between the lines their aware the economy will possibly need some help from them in the coming months .
Entry @ 1.08
S/L @ 108.80 just above last candle high
T/P 1 @ 1.0680
T/P 2 Let it run with a trailing S/L
Stay safe more ideas coming .......
Trade active:
Okay peep,
New entry based on asia time results , Q1 CPI data came in slightly higher than a lower figure expected if that makes sense ,its lower never the less and in my opinion continue lower and get worse on Q2, this coupled with NZD exports getting a beat I feel its taken the wind out of the AUD on this pair so we are active @ 107.20
New entry based on asia time results , Q1 CPI data came in slightly higher than a lower figure expected if that makes sense ,its lower never the less and in my opinion continue lower and get worse on Q2, this coupled with NZD exports getting a beat I feel its taken the wind out of the AUD on this pair so we are active @ 107.20