jhakas
Long

AUD/USD Buy Setup.. Short Term

FX:AUDUSD   Australian Dollar/U.S. Dollar
205 13 4
10 months ago
Buy Limit @ Market 0.7058

SL. 0.7028

TP. 0.709

0.71

0.712
10 months ago
Comment: Aud is getting good support now from 0.706 level.. for another push high and if aud reverse back and takes out 0.706 then i will be out @ break even 0.7058..

As in that case aud can visit downside 0.702 by taking out our sl.

snapshot
10 months ago
Comment: aud hit all 3 targets... out @ 0.712 with 62 pips..
dchua1969
10 months ago
help me to understand, why long ? it has yet to break the channel and the bearish candle at tip of your red line is an indication i take to short. thanks
Reply
jhakas dchua1969
10 months ago
This is just my opinion.. i see differently than you.. thats the reason market keep up and down :) otherwise market will keep on walking in 1 direction.. if we have same views..

There are many factors apart from candles that effect currency pairs.. so i keep that in order to trade.. Good Luck!

Reply
King_arman91
10 months ago
closing early because of news??
Reply
jhakas King_arman91
10 months ago
I am still holding.. taking risk.. as now we have nothing to loose.. as now dips will be taken as buy side... due to daily close above 0.71.. any downside dip will be above buying.. supports are now at 0.7091, then minor support 0.70765 and important support which halted aud the whole day from downside is 0.7062...

I am keeping now sl. @ Break Even and now tp towards 0.722.
Reply
jhakas King_arman91
10 months ago
Due to news.. things can be opposite.. please do your own due diligence..
Reply
jhakas
10 months ago
aud hit all 3 targets... out @ 0.712 with 62 pips..
Reply
RahulCamaron
10 months ago
does it , come down today.......?
Reply
jhakas RahulCamaron
10 months ago
there is possibility... but i am not sure.. cuz on rate decision day it usually do awkward moves and after some time it completely change direction..
Reply
jhakas RahulCamaron
10 months ago
formation of 4hr candle is quite astonishing to downside.. break of 0.706.. i think will lead to 0.70 but if 0.704 also taken out..
Reply
jhakas RahulCamaron
10 months ago
aud getting support again.. from 0.706.. i will wait for more consolidation before jumping again on long side..
Reply
RahulCamaron
10 months ago
THANK YOU . I GOT IT .
Reply
jhakas RahulCamaron
10 months ago
you can keep sl. below yesterday low as well.. if you want.. and if you can manage for some sessiosn then good sl. is 0.69.. as aud sooner or later will head up for 0.725. Good Luck!
Reply
RahulCamaron
10 months ago
OK THANKS . ILL GO FOR LONG AT SL BELOW YESTERDAY LOW AND TP AT 0.7093 FOR LOW RISK TRADE . LATER ON ILL WAIT FOR 0.725 .
+1 Reply
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