[AUDNZD] Jan 17, 2020 - ALuoTradingJournal
The ideas for AUDNZD was first published on WeChat VIP group on the 20th of December 2019 with chat record. Unfortunately I was not able to post it on tradingview due to too tired from work at that time.
However, the entry point at that time when the price was still up at 1.0490 to 1.0500. I have predicted 1.0400 as the entry point.
I then re-adjusted the entry price to 1.03450 with the already triggered position 1.0400 position held up high, the bearish trend came in a very fast paste and triggered my long position pending order at 1.03450
I was on a floating loss of approximately 20 pips with my new entry point.
I believed if it does not totally break my 1.0300 Stop loss. The trend will continue to follow my prediction and aim to 1.05500 as the first take profit, and if no resistance signal build up around there. I believe there is a chance of getting to my ideal Take profit 1.06350. ( I would say I aim for 1.05500 and see how it goes when it gets there.)
My triggered 1.03450 was closed at 1.04320, as I saw there is a bearish retracement at that time, and I re-predict that the next retracement the trend will go to at around 1.03950 support level.
The price went down to 1.039530, it did not hit my pending order by 3 points. However, I have manually gone into this position, and the current price as seen at 1:07AM Sydney time is 1.04019.
Lets pray for me AUDNZD will go as i analyse.
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market in going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
However, the entry point at that time when the price was still up at 1.0490 to 1.0500. I have predicted 1.0400 as the entry point.
I then re-adjusted the entry price to 1.03450 with the already triggered position 1.0400 position held up high, the bearish trend came in a very fast paste and triggered my long position pending order at 1.03450
I was on a floating loss of approximately 20 pips with my new entry point.
I believed if it does not totally break my 1.0300 Stop loss. The trend will continue to follow my prediction and aim to 1.05500 as the first take profit, and if no resistance signal build up around there. I believe there is a chance of getting to my ideal Take profit 1.06350. ( I would say I aim for 1.05500 and see how it goes when it gets there.)
My triggered 1.03450 was closed at 1.04320, as I saw there is a bearish retracement at that time, and I re-predict that the next retracement the trend will go to at around 1.03950 support level.
The price went down to 1.039530, it did not hit my pending order by 3 points. However, I have manually gone into this position, and the current price as seen at 1:07AM Sydney time is 1.04019.
Lets pray for me AUDNZD will go as i analyse.
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market in going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.
The price has dropped from 1.0430 ish this morning, and has dropped to 1.0400ish,
I am looking at the retracement to go approximately 1.037500 for my next long position (short term trade)
Long term trade, direction still keep it as long, unless it breaksout 1.03000