FaultyKid
Long

NFP to Finally help AUD Break-Out.

FX:AUDUSD   Australian Dollar/U.S. Dollar
64 13 1
**UPDATE**
- Got stopped out, although trade worked.

AUD has been sitting in a range for awhile now, and I'm expecting NFP to finally give us a push up.
Let's see how it plays out.

Trade at own risk.
Got stopped out , but wow.. did it work.
+1 Reply
ForceFollower FaultyKid
Let's see it your second target gets hit.
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looks like we are building support with iHAS pattern, lets see if there will be bounce off the red line
snapshot
+1 Reply
That's right. That's what I'm waiting for.
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itaskar itaskar
red didnt hold, next possible support black dotted line
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Yeah, but I'm afraid it's going lower - to the horizontal pink line. It has to do that to shake off some weak long positions and attract new short ones with their fresh SL orders above the recent minor highs. This may be necessary to fuel the prospective rally.
snapshot
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FaultyKid ForceFollower
ok Well, within in the next 24-hours this whole situation has to play out. We have
- US ISM
- AUD CASH RATE AND STATEMENT
- US TRADE BALANCE

all within the next 24 hours.. let's see what happens.
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itaskar ForceFollower
I expect 0.9244, its 0.5 retrace and bounce off the weekly trendline
snapshot
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OK. Flushed. Now, what's next?
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FaultyKid ForceFollower
flushed & reversed. Hate it when this happens, still think it's a go but wow did I loose pips.
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