i want to trade the AUDNZD in the up coming days.
this is my first analysis, it is not as much detailed analysis as much as my first view for the pair.
i still need to find a good point to start my structural analysis from.
by counting waves i do my positional analysis - i try to find the position of the current movement on the chart space.
then i look into recognizing patterns depending on the position.
then i create a trading idea.
i will not trade before i do a detailed analysis for the pair. and after the market moves in my three opened positions:
1. long nzdusd
2. short eurcad
3. short usdchf
this is my first analysis, it is not as much detailed analysis as much as my first view for the pair.
i still need to find a good point to start my structural analysis from.
by counting waves i do my positional analysis - i try to find the position of the current movement on the chart space.
then i look into recognizing patterns depending on the position.
then i create a trading idea.
i will not trade before i do a detailed analysis for the pair. and after the market moves in my three opened positions:
1. long nzdusd
2. short eurcad
3. short usdchf