AUDUSD - We reached that golden area of 0.80! Then, we faded that area...what's next?
This morning typing this we down half of 1% - Since my year ahead outlook 0.80 is an area I have been eyeing for a while, since we finally reached that target area there will be an update video for the Q2 on what to expect. This will be shared privately via YouTube - If you're interested: Comment down below or message privately.
I've been fading the majors from the start of the week - as yields rise higher, tech space declining, it's an interesting time. Will there be YCC from the Feds? Commodities are at interesting area.
AUDUSD - Follow your own trade plan.
Support: 0.78050, 0.77700, 0.77455
Resistance: 0.78790, 0.78970, 0.79300
Target area: 0.77700 areas
(ALL DEPENDENT ON PRICE & FUNDAMENTAL FACTORS)
I've taken 70% of profits. If price to rise I will be adding to my position to get in further.
Key tip: Mostly everyone can analyse a chart and being on a demo account that's the easy part done, but emotionally not everyone can control there live execution state and that what makes you different from just an analyst to being a real market maker! And you can do it.
FRIDAY QUOTE: The jealous are troublesome to others, but a torment to themselves. - William Penn
Have a good weekend.
Trade Journal
(DISCLAIMER: Just a trade idea, not a recommendation)
This morning typing this we down half of 1% - Since my year ahead outlook 0.80 is an area I have been eyeing for a while, since we finally reached that target area there will be an update video for the Q2 on what to expect. This will be shared privately via YouTube - If you're interested: Comment down below or message privately.
I've been fading the majors from the start of the week - as yields rise higher, tech space declining, it's an interesting time. Will there be YCC from the Feds? Commodities are at interesting area.
AUDUSD - Follow your own trade plan.
Support: 0.78050, 0.77700, 0.77455
Resistance: 0.78790, 0.78970, 0.79300
Target area: 0.77700 areas
(ALL DEPENDENT ON PRICE & FUNDAMENTAL FACTORS)
I've taken 70% of profits. If price to rise I will be adding to my position to get in further.
Key tip: Mostly everyone can analyse a chart and being on a demo account that's the easy part done, but emotionally not everyone can control there live execution state and that what makes you different from just an analyst to being a real market maker! And you can do it.
FRIDAY QUOTE: The jealous are troublesome to others, but a torment to themselves. - William Penn
Have a good weekend.
Trade Journal
(DISCLAIMER: Just a trade idea, not a recommendation)
Trade active:
Sometimes a trade go without you , there sometimes isn't a pull back and that's part of trading - stick to your plan, there should be a pull back next week.
Comment:
goes*
Trade closed: target reached:
Took profit - 26th Feb