FX:AUDUSD   Australian Dollar/U.S. Dollar
4704 83 60
a year ago
Range Trading
0.7300 is the range bound for the current price move.
Look Left, The previous Structure indicate lots of Selling
Pressure at this level.
RSI already shows the momentum is getting weaker.
Short audusd             at 0.7290-0.7300
SL: 0.7320
TP1: 0.7200
TP2: 0.7100
a year ago
Trade closed: stop reached: Stop Loss Hit due to Holiday Spike.
a year ago
Comment: Lose 30 Pips. Stopped at 0.7320
a year ago
Trade active: Re- Enter Short Position at 0.7220, SL 0.7240
Pin Bar formed. that's the reason
a year ago
Comment: Correction: Re-enter at 0.7320, SL 0.7340
a year ago
Comment: Happy new year 2016!
a year ago
Comment: Now the re-enter position at 0.7320 is a big winner
a year ago
Comment: TP1 HIT, NOW is going to TP2
a year ago
Comment: TP2 IS REACHING
a year ago
Trade closed: target reached: TP 2 HIT. NICE TRADE. NICE PROFIT
a year ago
Comment: Very good , After we Take profit at TP2, The price went up quickly
This shows a important rule:
You must know when to take profit in trading!
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DarkGreen
a year ago
So, you can long GBPAUD
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kinggold
a year ago
snapshot


Here is my analysis of AUDUSD. I am short as well.
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naxis_ac
a year ago
hi it's almost reach 073500 then possible downturn
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kinggold naxis_ac
a year ago
You think AUDUSD is going up 200 pips before going down?
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naxis_ac kinggold
a year ago
so 73300 max ?
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kinggold naxis_ac
a year ago
snapshot
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kinggold naxis_ac
a year ago
I see it reversing at current level .73066
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If you analyze on biger time frames, you will see that the trend is bullish.
+4 Reply
tntsunrise TOP KikeFerrerCastello
a year ago
Will a Bullish Trend continue forever?
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KikeFerrerCastello tntsunrise
a year ago
My take profit is on 0.7357
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kinggold KikeFerrerCastello
a year ago
Oh my gosh, is AU continuing upward from now on?
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tntsunrise TOP kinggold
a year ago
0.7330
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tntsunrise TOP KikeFerrerCastello
a year ago
if we look at weekly chart, it is a bearish trend. Will this help? No. It doesn't matter you go long or short, the trading plan matters, whether you have a SL level to protect your acct and whether you have good level to Take profit.
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RealMadrid tntsunrise
a year ago
absolutely you are right
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kallentto
a year ago
I hit stop loss :'(
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1111
a year ago
sl hit
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tntsunrise TOP
a year ago
Lose 30 pips.
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kinggold
a year ago
I am still keeping short.
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tntsunrise TOP kinggold
a year ago
Still can short actually. I am considering to re enter a short position, look closely for the price action. now the Long Tail appeared
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kinggold tntsunrise
a year ago
Right, that is why I am still short
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jhakas tntsunrise
a year ago
there is a big possibility of aud again going for 0.7385...
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kinggold jhakas
a year ago
Why is that?
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pointoftangency tntsunrise
a year ago
Held my short around .73 with s/l above .734. It got hairy for a bit. I'm in profit but I'm watching closely.
snapshot
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naxis_ac pointoftangency
a year ago
:) agree
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lzy2011
a year ago
I still long it, may it fall down
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kinggold lzy2011
a year ago
I think it is risky to long AU
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jhakas kinggold
a year ago
after watching closely.. i turned bullish on aud.. sl. is tight..

AUD/USD LONG TRADE IDEA 0.7305
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lzy2011 kinggold
a year ago
you're right, I'm out
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KlejdiCuni
a year ago
I support your idea. it's still a valid pattern.
AUDUSD: Potential Bearish Cypher pattern, Bat pattern and AB=CD
+2 Reply
jhakas KlejdiCuni
a year ago
nice chart
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KlejdiCuni jhakas
a year ago
Thank you
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ben46
a year ago
Sir, I think now may be a good enter point.
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ben46 ben46
a year ago
short audusd
+2 Reply
tntsunrise TOP ben46
a year ago
THIS CYPER IS GOOD
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jhakas
a year ago
today is last day of month... and year end.. so some sl. hunting is possible.. and fast drops or spikes v. likely...
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tntsunrise TOP jhakas
a year ago
yeah.
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tntsunrise TOP
a year ago
snapshot
+1 Reply
kinggold tntsunrise
a year ago
You are right, stop loss hunting is very possible and probably part of the bullish movements. Tick volume shows that the upward move to the drawn trendline was being fought by the bears. The bear push down now is much smoother on tick volume showing no struggle down.
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kinggold kinggold
a year ago
snapshot
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kinggold kinggold
a year ago
snapshot
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jhakas kinggold
a year ago
for today i am now not convince to short aud... cuz today market will goes against traders... and on every last and start of month we saw strange moves..
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kinggold jhakas
a year ago
Goodluck
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jhakas kinggold
a year ago
aud 4hr chart

http://prntscr.com/9kl63m
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tntsunrise TOP jhakas
a year ago
agree
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madona36
a year ago
i WILL WAIT BREAKOUT AT TREND LINE,TO SEEL.
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matpjoe
a year ago
its about time to go down, hold my short as well
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IvanLabrie PRO
a year ago
Very brave to short AUDUSD...did you see copper?
AUDNZD is a long, GBPNZD, but GBPAUD, not so much.
I wanted to long GBPAUD and discarded it for now.
China and copper and AUDUSD will go up for weeks.
+1 Reply
kinggold IvanLabrie
a year ago
Copper and Audusd barely have any correlation to eachother. Nas100 has a stronger weekly and daily correlation and Nas100 is low from its recent high.
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IvanLabrie PRO kinggold
a year ago
Iron ore and copper have a strong correlation.
If you don't see it then I have nothing more to say to you...
And got burned? I bought 0.72006, and bought dips along the way all the way up, so no, not burned. :)
+1 Reply
FXROB IvanLabrie
a year ago
I KNOW THAT and that is why diversifies my wallet and I bought MTS shers on IBEX 35 at the spanish stock market.
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IvanLabrie PRO FXROB
a year ago
Ok, nevermind.
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kinggold IvanLabrie
a year ago
Anyone get burned longing AU?
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tntsunrise TOP IvanLabrie
a year ago
closed this trade and i think now is good time to buy copper. it touches 2.0 again
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SkyrEk tntsunrise
a year ago
No consideration to buy AUD since it coincides with 2015 lows?
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FXROB
a year ago
I have some different proposition ....
AUDUSD Butterfly potential ?

+1 Reply
tntsunrise TOP FXROB
a year ago
how do u define the C point?
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FXROB tntsunrise
a year ago
Point C should be max. 78.6% to 88.6% of the length leg AB. And SL above point A
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tntsunrise TOP FXROB
a year ago
There is no way for harmonic pattern to determine C point. You can't predict a C point if it is not happen. What Harmonic can Predict, is the D point.
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FXROB tntsunrise
a year ago
I do not know what patterns you are using I have my own exactly defined and on the basis of successful I am in the market for 8 years .For butterfly as I wrote punk c falls up to 78,6-88,6% of AB leg. As the market has not reached these levels do not enter in the market. Now I have open orders at 0.73200.
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tntsunrise TOP FXROB
a year ago
your logic is wrong. C point meets the criteria then Harmonic Pattern is Valid. But You can't say, hey, this is a potential butterfly (Even the C point is not there), and this pattern must be valid, therefore the C point max is 78.6 to 88.6% . Harmonic is not to be used in that way
+3 Reply
FXROB tntsunrise
a year ago
ok. I see your point but I'll hold my own proven methods greet and everything of best in the new year.
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FXROB tntsunrise
a year ago
FULL ANALYSIS: USDCAD: Some More Upside Before The Fall?
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FXROB tntsunrise
a year ago
look for a more experienced colleague. As he defines the point C?https://www.tradingview.com/chart/USDCAD/xh7UjeBv-FULL-ANALYSIS-USDCAD-Some-More-Upside-Before-The-Fall/
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tntsunrise TOP FXROB
a year ago
did your C point turn out?
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tntsunrise TOP FXROB
a year ago
THE USDCAD 's C point is measured by Elliot Wave, and FIBO EXT, however, in your previous chart of AUD, you just any how drag a C point, that is not the way. Just Remember, don't any how drow the C Point and tell people, hey, the price will go up to C and drop unless you have a reason to calculate your C point.
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derekvela
a year ago
I'am shorting as well bearish cypher formed perfectly on this wedge
snapshot
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naxis_ac derekvela
a year ago
nice chart
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derekvela naxis_ac
a year ago
Thank you
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naxis_ac derekvela
a year ago
http://longforecast.com/fx/australian-dollar-forecast-for-2015-2016-and-2017.html
AUD max 7.4 but in general it is downtrend so hold high and sell it
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IvanLabrie PRO naxis_ac
a year ago
What's that site?
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naxis_ac IvanLabrie
a year ago
AUSTRALIAN DOLLAR FORECAST FOR 2015, 2016 AND 2017
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naxis_ac naxis_ac
a year ago
in a big blueprint
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IvanLabrie PRO naxis_ac
a year ago
I don't know what's it based on, nor how to use that.
It's better to go swing by swing...who knows the exact path, very ambitious and not really tradeable.
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naxis_ac IvanLabrie
a year ago
yep...just board direction by in the trade world it's bit not easy to absorb.
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tntsunrise TOP derekvela
a year ago
This Cypher is really good
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tw.macedo
a year ago
thank you learned Very following its Business theories, I have improved my negotiations following you .
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SkyrEk
a year ago
TP 2 hit! Time to buy the AUD:)
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tntsunrise TOP SkyrEk
a year ago
yes!
+1 Reply
dejanlukic8888 tntsunrise
a year ago
Nice Trade TNT !!
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FXWallaby PRO
a year ago
Nice Trade TNT
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tntsunrise TOP FXWallaby
a year ago
Thank you bro! I hope you also earn this profit
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SaudAlAzab
a year ago
Good Job .... I really appreciate your charts great job brother
Thank You
Reply
tntsunrise TOP SaudAlAzab
a year ago
WELCOME BRO.
+1 Reply
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