Trade Opp: $AUD Short Potential | $USD #RBA #FED #Forex

FX:AUDUSD   Australian Dollar / U.S. Dollar
907 28 8
Trade Opp:

Entered Short @ 0.92724
SL @ 0.92984
TP @ 0.88221

Prop pattern = JANUS
Background Pattern = EUCLID

Structure/Obstacles - Defined by rev-eng. (highly speculative)
- 0.91222
- 0.90162
- 0.89090
(Correlate well with predictive analysis and forecasting system)

NOTE: Further trade management is left at the discretion of the mature, experienced trader who will apply first due diligence, sound money management and best on his/her assumed risk tolerance. So, plan your trade, then trade your plan. Always.


David Alcindor
Predictive Analysis and Forecasting

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- Remember to remain dubious about every and any thing I say. All comments are subjective perceptions based on unshared, proprietary and common knowledge of fundamental analysis , classic technical analysis , basic and advanced pattern trading, as well as personal research in occult market geometries, predictive analysis and quant-based forecasting, some or none of which is being shared in my trading profiles, so do your due diligence and review the disclaimer below.
- Forecasts, analyses and directional opinions generated herein are for educational purposes only and are not trading recommendations. We trust that you will do your own due diligence first, then seek professional advice from a licensed professional, then enter the market at your own perils - David Alcindor - TradingView.com Alias: 4xForecaster
Was short the AUD/USD at your entry level but my stop-loss order was triggered when the price spiked-up during the AUD interest rate news on the 31st.
Hopefully you took the chance to reset your trade. Analysis remains intact - David
01 APR 2014 - Chart updated with re-entry order:


David Alcindor


Get my signals, analyses and forecasts thru Twitter:
- alias: @4xForecaster

01 APR 2014 - Chart Update:

I spend some time last night firing off targets, reversals and forecasting on pairs. In the process, I informed the traders that I would change the SL to 93.070, as follows in the chart:

So, no change in the overall trade, except this SL.

In my personal trade, in anticipation of the rallying to the level above, I was able to get out, let it vent and reenter @ 0.92729 (compared to 0.92724 in original trade).


David Alcindor
Early days but this seems to have been an excellent play David - many thanks!
4xForecaster mattlowden
Thank you Matt - I hope you were able to stay in the play following the AUD fundamental-driven reaction. I added an update showing a re-entry at similar level as original:


mattlowden 4xForecaster
Good idea, I know we discussed giving the trade a little more room for volatility in chat. The Australian Dollar is looking strong and trading in a tight range against the US Dollar today; perhaps RBA's Gov. Stevens comments later on will open the pair up a little.
20 MAR 2014 - Chart Update:


As of this Sunday, market opened with a short rallying into 0.9257 structural resistance and finally carved a new lower low. This move affirms the predictive analysis and forecast defined above last Thursday, March 27th.

The trade profile generated at that time remain unchanged:

Entered Short @ 0.92724
SL @ 0.92984
TP @ 0.88221

For the time being, I will remain on watch and interject whenever any technically relevant event occurs.


David Alcindor
TradingView.com Moderator
Predictive Analysis & Forecasting

Get my free signals on Twitter:
- Follow my alias: @4xForecaster
4xForecaster 4xForecaster
* * * TYPO: Title should read: 30 MAR 2014, and not 20 MAR 2014 * * *
4xForecaster 4xForecaster

- In the AFR interview, Stevens had said: "I don't think the extent of our knowledge about what's correct is that good, but I did think ($0.95) was rather too high. I thought ($0.85) would be closer to the mark than ($0.95) at the time we started to make some comments some months ago, but, really, I don't think we can be that precise."

Comment: This is a very important piece of the analysis as well, considering that the Reserve Bank of Australia (RBA) is looking at a decrease in the cash rate as an eventual central bank action ... That was bank in the first week of MARCH.

Given the technical analysis (predictive and forecasting), the two are coming together quite nicely, especially since my system calls for 0.88221 as a bearish target, and Stevens comments alluded to an even lower level:
- " ... thought ($0.85) would be closer to the mark ..." Stevens

More to come if and when relevant.

David Alcindor
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