tntsunrise
Short

AUDUSD 4H PIN BAR and retested

FX:AUDUSD   Australian Dollar/U.S. Dollar
15429 51 219
2 months ago
AUDUSD             4H PIN BAR and retested

We can see the long pin that want to push
the price to 0.7700 but then failed to break
new high and then price falls and break the
bottom of the pin bar.
and now the price has is retesting the structure
and thus we can open a short trade
to trade the pin bar.
2 months ago
Comment:
snapshot


Please kindly ignore the above update. my copy paste is wrong.

Moderator, please help to delet the previous comment
tks
2 months ago
Comment:
snapshot

Retest 618 , for thoese not in, u may consdier
2 months ago
Comment: Sold at 0.7664
now is making money
2 months ago
Comment:
snapshot

Still Holding, the 0.618 is still rejecting the price
2 months ago
Comment:
snapshot

AUSTRALIA INT RATE COMING SOON, Lets see how price break the channel.
2 months ago
Comment:
snapshot

Now in profit short from 0.7664
2 months ago
Comment: now is 0.7611, NICE SHORT
2 months ago
Comment: Today hit 0.7560, 100 pips
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Abozahra PRO
2 months ago
Thank you Jack!

Is that SL really so low on this trade?
+6 Reply
tntsunrise TOP Abozahra
2 months ago
technically 0.7700 above is best
+3 Reply
Abozahra PRO tntsunrise
2 months ago
Thank you!
+1 Reply
sacrelege PRO
2 months ago
hmm, but daily on DXY looks weak as well - so I don't like to short AUD against USD right now.
snapshot
+5 Reply
confi sacrelege
2 months ago
dxy is more related to euro
Reply
sacrelege PRO confi
2 months ago
I'm aware of that, but I like to use it as a general indicator for dollar weakness and at the time of writing my analysis was correct. You can see, that Jack's trade was struggling at first. ;)
+1 Reply
sacrelege PRO sacrelege
2 months ago
Jack: Don't get me wrong, I like your analysis very much. I d'like to discuss the current situation on AUD/USD, since I can see a different scenario.

Consider this:
1. We got a new high
2. body closed above ~0.7610, so basically we have a support now between 0.7590-0.7610

Conclusion:
I expect it to be range bound between the current top and ~0.7610 zone, before it tries to climb again. Therefore I don't take position here.

I know that in the end we're just looking for good entry points (good r/r) and the rest is basically done by setting the correct SL/TP respectively money management. So either way, your trade is okay, even if it fails. But if you disagree with my scenario/analysis, I would like to know what I missed or why you still like your entry point after reading this.
+1 Reply
sacrelege PRO sacrelege
2 months ago
my call was damn correct :)
support around ~"0.7610"
+1 Reply
sabu8086
2 months ago
thank you i am with you in this trade
Reply
Dguaman
2 months ago
Daily still having some room up Sir ..

snapshot
+2 Reply
happyluckydog
2 months ago

thanks Jack. great master. I am afraid that it may retest 0.7730 again this week. If not, then fall down.


thanks anyway. master.
Reply
happyluckydog happyluckydog
2 months ago


also bearish on AUD. thanks master.
Reply
happyluckydog happyluckydog
2 months ago
It is now falling down!
Reply
davidpaSG happyluckydog
2 months ago
Stochastic in Daily chart already in overbought, price may fall anytime
Reply
happyluckydog davidpaSG
2 months ago
thanks.
Reply
waterman
2 months ago
A timely cal. very good
Reply
Trendhopper PRO
2 months ago
Thank you Jack. looks like it should reverse, I Will wait for support trendilne from 19t Sept to break down before i enter this one..
Reply
candlehunter
2 months ago
thankyou , time to, opened (^-^?
Reply
tntsunrise TOP candlehunter
2 months ago
already short
Reply
AzadAryan
2 months ago
can i enter now?
Reply
tntsunrise TOP AzadAryan
2 months ago
yes u can
Reply
MattiasMattiMelin
2 months ago
Enter?
Reply
Dinkan
2 months ago
Another trade blast out!
+2 Reply
happyluckydog
2 months ago

will take position soon. thanks.
Reply
Catella
2 months ago
Short 7700 & 7710
Reply
Essarazm Catella
2 months ago
Great entrance. Shorted from 7695. Good luck for bears
Reply
edmunch
2 months ago
It makes a new higher high therefore Jack's idea has been smashed and people are still entering... WELL DONE.
+1 Reply
davidpaSG edmunch
2 months ago
Look carefully, in Daily chart last swing high was 0.77325. Therefore, Jack's idea is still correct on entering the point suggested
Reply
edmunch davidpaSG
2 months ago
Ok, if you think so feel free.
+1 Reply
Bankster
2 months ago
do you consider a reentry?
Reply
tntsunrise TOP Bankster
2 months ago
yes. based on the libra pattern and 618 pull back at 0.7680
+1 Reply
pipodertaker
2 months ago
short? target sir?
Reply
ahmetnmsl
2 months ago
I entered from 0.7667 also because there are also bollingerband divergence and rsi divergences
+1 Reply
waterman
2 months ago
Thank you Jack for coming back and taking us also in to your boat as we were watching desparately for missing the trip.
+2 Reply
FKHo PRO
2 months ago
Thanks Jack!
Reply
-Andrew- PRO
2 months ago
Sell limit @ 0.7665 - filled
AUDUSD - Short (Rejection at Resistance)
Reply
Dguaman
2 months ago
snapshot
+2 Reply
EcknerBarcelos Dguaman
2 months ago
It does not stop going up
Reply
Dguaman EcknerBarcelos
2 months ago
It takes time, now is going down :D
Reply
hasansahoglu
2 months ago
I entered now, let's see! :)
+1 Reply
NeoSimonMabuse
2 months ago
Thanks jack. Please keem em coming
Reply
Calamity
2 months ago
Jack i think it will up 1 more time , but just a little bit , and price will drop tomorrow. not todays interest rate
Reply
TAJIR_B
2 months ago
snapshot


my 60 min
Reply
tntsunrise TOP TAJIR_B
2 months ago
GOOD JOB
+1 Reply
confi
2 months ago
Hey Jack. Seeing potential on chfjpy for a long. Let me know what you think.
Reply
tntsunrise TOP confi
2 months ago
long usdjpy better
+1 Reply
confi tntsunrise
2 months ago
Thanks Jack!!
Reply
Juliuszen
2 months ago
good result!
+1 Reply
Marvin
2 months ago
Nice one Jack. I took it with you.
+1 Reply
davidpaSG
2 months ago
Thank you Jack, have just take profit of 3 standard lots after 50% retracement. Still 2 lots ongoing to 2nd target.
Reply
CHamza
2 months ago
This is very nice, I've entered this trade after you, now there no so much profits but I believe that it will go more down in long term
Reply
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