johnmad
Short

AUDUSD Multipal Time Frames

FX:AUDUSD   Australian Dollar / U.S. Dollar
172 14 7
There are Three Wolfe Waves here in 3 different time frames , be careful how you place your take profit's and stop losses as here are 2 trades and 2 possible reversal points.
RSI is showing Negative Divergence which is Key to my trading Rules .

Related Ideas

Hi John , what are your thoughts on following signal?

https://twitter.com/kevsta35
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johnmad pip_hunter
This is a Brilliant Sell , i am sorry i never spotted it myself , here are my Targets i would have placed and the Bottom one would be my prefered one , i will wait for a correction here and hop on the train
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pip_hunter johnmad
Thanks John,for your insight wish you all the best for the coming week.
Cheers Andrew.
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pip_hunter pip_hunter
Hi John,how far do you think AUD/Cad might retrace to ?
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pip_hunter pip_hunter
Thanks john ,for your input and charts. Appreciate it.
Regards Andrew.
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johnmad pip_hunter
You most welcome .
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I re-enterd a short on this trade and my Target 1 is now in sight
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stop reached ,
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Completion of a 3 drives Pattern , i am still short and my target is still the same.
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question: what makes you use take profit point instead of starting trailing stop from there?
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