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Dave-FX-Hunter
Oct 16, 2020 6:51 AM

AUDUSD offers easy drop + 70 pips (NEW) Short

Australian Dollar/U.S. DollarFXCM

Description

Hi Traders, thank you for watching my multi-timeframe analysis of this pair.
My trading strategy is based on the simplicity and core of the markets which is Buying and selling.

I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders)
The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me)
provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets.

My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .'
I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades.

Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums.

Wish you good hunt !!

Dave FX Hunter

Previous analysis:
tradingview.com/chart/AUDUSD/uaC87aQS-AUDUSD-Bullish-buying-dip-in-to-my-entry-Iˇm-in-UPDATE/
Comments
mdtitonali1450
As a usual u r the best excellent work.keep it up..
InkyGrip
I agree with you thanks! 🦐👍🏻
forexboat
Thanks for this analysis @DaweFXHunter! +1
lwaanza
Thanks Dave, awesome
LuanKrige
Thanks for this analysis, it been a great month so far, thanks for your updates
Dave-FX-Hunter
@LuanKrige you are welcome mate
Dave-FX-Hunter
theodys
You've always change your way of analysis from supply and demand to channel to retail sentiment, but you've always win, what's your secret aha

Did you think the market will change from here to 10 years ?
Dave-FX-Hunter
@theodys, I actually have all these things in my mind as I traded the SD for long time, I love channels and I back it up all with order flow.
Sometimes we can see more cleare setup on this sometimes on that, if order flow confirms that than it doenst matter what it actually is :D
Prodigy98
Buddy you're the exact definition of a retail trader. Getting played from a technical and physiologic standpoint. This is pathetic.
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