Marenno
Long

AUDUSD LONG ENTRY LEVELS, EURO SESSION ONLY

FX:AUDUSD   Australian Dollar / U.S. Dollar
More chances for a bullish continuation, what is confirmed by a recent multi time frame price action research, and important level zones








Next webirar (London time): 09/08/16 10:00 https://www.youtube.com/watch?v=IOIU8M6OZms

How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.







Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)

We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1H NR4; 1H NR7; 1M NR4; 1M NR7;
Learning material:
How to count option levels: http://marenno.com/index.php/counting-option-levels/
How to Filter out False reversal points:
News trading Matrix V1
When to trade limit orders or breakouts














Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 0.77706
Option level R3 0.77446
Option level R2 0.77246
Option level R1 0.76876
Option level S1 0.76676
Option level S2 0.76666
Option level S3 0.76396
Option level S4 0.76066

Session (current session only) levels:
r3 0.77522
r2 0.77322
r1 0.77122
p 0.76874
s1 0.76674
s2 0.76426
s3 0.76226

I really hope that sharing of my routine with you, will help you in your trading.

Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.

Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
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