FX:AUDUSD   Australian Dollar/U.S. Dollar
6885 94 109
AUDUSD             2618 Trade
Wait for price pull back to 0.7489 and short
This will be a 0.618 pull back
+ the trend line retest
SL: 0.7540
TP1: 0.7426
TP2: 0.7244
TP3: 0.7100
Please take a look at the previous NZDUSD             2618 Trade, it looks the same!
Comment:
Educational Study: Gartley + 2618 Combo Trade!

very similar
Trade active: ORDER FILLED
Comment: Nice price action : price has been rejected nicely at the 0.618 level
snapshot
Comment:
snapshot
Trade closed: stop reached: Stopped at 0.7540 in US session
Comment: Reminder: Stop loss is part of the plan, if never stopped at 0.7540, in this case, it rallyed to 0.7580 , that is another 40 pips loss. original loss i only 50 pips, if you did not follow the plan, you lose 90 pips and maybe more.
Comment: Latest Update of AUDUSD
AUDUSD short at inverse 1.618 + Mental Strength in Trading

Please take a look, especailly for people who can not hanlde the emotion of the losing 50 pips
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im learnig a lot from your charts, much appreciated ...
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tntsunrise TOP altcoins_trading
welcome
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RivaJazz tntsunrise
same here, thanks! look forward to this :)
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Good morning Jack. Thanks for the educational study image. Very clear to understand.
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Would you wait for RSI to be overbrought or simply enter the sell trade from 618 level
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tai hao la
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NI shuo de tai bang la,haha
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still pushing higher on this one...same sl @.754?
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ican_y sititin
sl@ 7513 or 754, depends on your risk tolerance.
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Got in @7493
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Thx for all the educational ideas
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just hoped on saw your post placed trade and already in profits keep the great work
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snapshot
do you think this could go a little higher?
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tntsunrise TOP MonsterMoves
mid line is helpful but audusd has already make lower highs, so this time the mid line may not be support
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MonsterMoves tntsunrise
okay. I see
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Yes agree. Price indecision near that level.
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the pair is definitely weak
snapshot
+1 Reply
tntsunrise TOP franciskim
you are right. we are trading a potential lower high
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Thanks for your sharing. It is a great honor to learn from you.

Btw, congratulations on your healthy babe girl! God bless you & your family.
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thanks you my friend. it is my pleasure to share my thoughts for everyone
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Doesn't seem to want to drop. Would you still recommend a short or wait?
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i already in, stick with the plan.
+1 Reply
ifty78692 tntsunrise
OK bro.
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SharifAzadeh tntsunrise
Great analysis

Here is my analysis:

snapshot


i'd like to hear from you
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tntsunrise TOP SharifAzadeh
Nice Wave Counting: but from the AB=CD point of view, will the rally be a 3 WAVE rather than 5 wave?
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SharifAzadeh tntsunrise
I didn;t undesrstand you. you mean 3 wave for c?
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waiting for it to drop...
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I agree with you tntsunrise, the 0.7500 is being tested continuously since yesterday and it struggles to rise above. Therefore forcing the trend to go to go downwards. Please correct me if I'm wrong, I am stil just a beginner.
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you are right.
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PipBurger tntsunrise
When might this down trend happen? I know it's quite an idiotic thing to ask when the market is unpredictable.
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Could you please explain how this is 2618 trade? I thought the criteria was for The Highest High from the retest candle, MUST meet or cross the previous Highest Close which is not happening here...
+1 Reply
nice one..tq bro
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I'm looking for an expanded flat. So far it looks ok. If I'm not wrong with my wave count we will see 5th wave to up.
snapshot
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bulent_akgul PRO bulent_akgul
BTW, I just hope an ending diagonal. Because I really love it. Easy to recognize and trade.
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Comment removed
LucyW heerotech
Do NOT be rude!
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LucyW LucyW
Good to see the original rude comment got removed. Jack, xie xie ni de fen xiang!
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trend win again :(
+1 Reply
stopped, but we have to accept, that is part of the plan. this time fail, but next win we can earn twice the stop loss , that's the way
+4 Reply
ifty78692 tntsunrise
True.
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I was in this one too Jack. I think AUD gets strong with oil. No oil weakness means AUD grows. Oh well, keep hunting for more setups!
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yeah. becuase next resistance level is 0.7580, we cant tolerate another 40 pips from 0.7540 to 0.7580, stop loss level shouldn't be changed.
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Link77 PRO tntsunrise
Yup, better to SL than to hold into a big loss. AUD will retrace, I will wait for the next setup.
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hmm
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Incredible how people can complain, and rudely too, when a trade doesn't work out. Noone is forcing anyone to copy trade here. They are after all ideas and you trade at your own risk.
+3 Reply
Comment removed
Marvin heerotech
Nice "heerotech". I see that your original rude comment directed to the author has been removed. I've reported you for this one and I can only hope that you're permanently banned from here.
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Thanks for doing it Marvin. I do not understand why would people trade if they cannot take calculated risks. Keep up the good work TNT.
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Thank you Marvin
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I reported him when he started cursing. His message got removed within minutes. Thanks to the Moderator. We want to keep this board clean and help each other out. You are right sometimes, and you will be wrong in other cases. That is prefect normal and fine. We all here to learn and may not agree on things but make the board alive and attractive.
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Agree.
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Comment removed
Marvin heerotech
You're a real piece of work aren't you pal! Real mature kind of guy! Not much cerebral activity going on there!
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Heerotech is back and started cursing again. I won't tolerate that and reported him again. I think everything here should report him and get him banned from this site for good.
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*everyone", not everything.
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Marvin mix95
Reporting people doesn't seem to help, the message in question just gets removed. But maybe if we keep doing it something will happen.
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let's just keep doing it until the moderator does something about it.
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Marvin mix95
Let's wait a bit because his comment will be removed and noone will see it. ANYBODY ELSE INTERESTED IN REPORTING THIS GUY?
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The reported comments have been removed (as they were a clear violation of house rules) and the commenter has been banned for 3 days. Lets return to commenting on the published trade idea, thanks.
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Marvin JasperForex
A ban of 3 days is very lenient Jasper. This is the second time I've encountered him and I think others can verify he's been at it before too. I don't know what the rules are but for such vile language a ban of only 3 days seems ridiculous.
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You are entitled to your opinion, but the moderating team does not permanently ban members for first or second offences. This is a second ban and ban times build up, so if an offender keeps violating the rules, the bans will get longer and eventually a permanent ban will be placed.
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Marvin JasperForex
Ok. I still think it's very lenient, especially for a 2nd offence
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I verify that. This person did nothing but cursing. I suggest three strikes and he got two already. Thanks Jasper for taking quick actions. I appreciate it.
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Yes some members think we are too lenient, others complain we are too strict. Thats all in the game, but we do act when a comment is reported, so please keep reporting inappropriate comments to help keep this site clean. We appreciate that.
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mix95 PRO JasperForex
I really like this site. I think it is the best! Don't want it turn to a circus like some other sites which were very good at beginning then turned ugly gradually due to no reinforcement. Thanks again.
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Thank you Mix, let's focus on trading idea. Cheers
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mix95 PRO tntsunrise
Great work Tntsunrise! really appreciate that you are so unselfish and share your ideas with others and teach us in many ways.
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tntsunrise TOP JasperForex
Thank you, Jasper, for spending time to manage the reporting.
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thanks for the reminder sir... :)
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You are not only an amazing trader, and a great psychologist! Thank you!
+1 Reply
Thank you. you are welcome
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For the last comment U R damn right!)
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tntsunrise TOP ender.genom
tHANK YOU
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I didn't use stop loss because my possitions SELL were opened around 0,73500 due to copy signals from MQL. I'm thinking if this go further up or start to retreace....
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Yes, I followed you and it is good to set a stop lost. Thank you! I lost the pips but it is worth to take the risks.
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tntsunrise TOP Kah Shiuan Chin
thank you ! you respect the SL as the trade plan. Good job
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Good trades, shame it didn't work out the way it was set up. Can't win m all.
Btw, I like your detailed updates on these posts.
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yeah that is the trading logic and trading log
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i think we must use currency strenght meter and stay sharp for news about each currency,i mean combining technical and foundamental analyze together..what do you think dear jack?
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Currency Heat Map is a useful tool. But actually for tonight's AUD's movement is not about the foundamentals, US session, no AUSTRALIA NEWS, NO BAD USA NEWS.
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a.b PRO tntsunrise
Most indicators show bullish momentum across multiple timeframes but I think we should have finally hit a PRZ for a pullback due to the completed bearish butterfly (daily) and the strong resistance in the 0.753-0.76 range
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die... like the rest
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i was on this,but when i saw the weakness off usd on my currency strenght meter i closed my possition,this time it wasnt about news,and i dont know what was the resson of this direction change..but the currency strenght meter showed very well...
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i went short at 7560 i second guessed my self at an entry on .7575 the market always pushes higher than you think to continue amassing contracts once the Market Maker gets his books filled he will take it away and lock people in over the weekend , GL with the trade, i hope to see my profits by sundays open no stop loss at this point
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I don't think anyone saw my comment earlier, but other than a possible gartley pattern I could not see a 2618 trade happening....
+1 Reply
Hi, I took your analysis as a reference and my SL put at 0.7640 for AUDUSD. Should I hold for long term Sell or cut loss from this trade?
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Still got chance to wait price pull back to your entry level
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dxuan96 tntsunrise
Thank you for your reply. I will hold this long trade...Haha. Actually I am a VSA amateur trader. In VSA, its a distribution phase, meaning highly chances it will go for mark down, sell trend. =) I just need a comfirmation as still a beginner here..
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Right trade, wrong timing!
+1 Reply
it's OK. the market just did not go as what we wish.
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now can i placed the sell ??
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tntsunrise TOP Awaisquyyom
yeah. i just short at 0.7590
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Hi ! dude . Well done. It is not clear whether you stick with the orginal plan for a fall to 71 or changed that now to 73 on the basis of elliot wave(daily). Thanks a lot !
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snapshot


I personally think this is it for AUDUSD and it will be falling for correction tonight on wards after the AUD MP meeting minutes which is on 00:30 GMT.. RSI is already towards oversold atleast on the daily basis. So best of luck
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tntsunrise TOP FawadJawed
agree. the minutes will do something
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FawadJawed tntsunrise
looks like prediction gone right :-) First stop seems to be at 0.739 area ! good luck with all

snapshot
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