FX:AUDUSD   Australian Dollar / U.S. Dollar
6925 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!
very similar
Trade active: ORDER FILLED
Comment: Nice price action : price has been rejected nicely at the 0.618 level
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

Please take a look, especailly for people who can not hanlde the emotion of the losing 50 pips
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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
tntsunrise TOP FawadJawed
agree. the minutes will do something
FawadJawed tntsunrise
looks like prediction gone right :-) First stop seems to be at 0.739 area ! good luck with all

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 !
now can i placed the sell ??
tntsunrise TOP Awaisquyyom
yeah. i just short at 0.7590
Right trade, wrong timing!
+1 Reply
it's OK. the market just did not go as what we wish.
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?
Still got chance to wait price pull back to your entry level
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