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Dave-FX-Hunter
Oct 10, 2020 11:57 AM

AUDUSD It still looks bullish for next week (NEW) Long

Australian Dollar/U.S. DollarFXCM

Description

Hi Traders, thank you for watching my multi-timeframe analysis of this pair.
My trading strategy is based on the simplicity and core of the markets which is Buying and selling.

I'm trying to spot the next steps of the big players by using the Market profile, Volume and COT (commitment of traders)
The way I think about the markets is based on the fact that Market makers (banks, hedge funds)can do their operations only when other side (traders like you and me)
provide them liquidity = We must sell so they can buy and opposite. So I'm looking for the Stop loss zones, fake outs and other confluences to enter the markets.

My battlefield is defined by the channels on the higher timeframes, I mostly play on the upper bands and middle bands in the directions of the COT .'
I'm swing trading not intraday trading, so my ideas always takes a time and patience to play out and most important is to do the good risk management, se we can stay emotionless in a trades.

Don't hesitate to comment with any questions and if you learning something support this idea with like or share it in other trading forums.

Wish you good hunt !!

Dave FX Hunter

Previous analysis:


Comments
LuanKrige
Long grow with 8k short with 6k with 10% more contracts than the average over the last 3 months I believe you are right this week the AUD should grow and if stimulus check talks look even remotely possible the dollar will weaken.
captnuche
Awesome JOB and Very Educational. Many Thanx on behalf of ALL OF US!!
Dave-FX-Hunter
@captnuche, Hope its inspiring man my friend.
theodys
Thanks mate !
Dave-FX-Hunter
@theodys, Always welcome my friend.
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