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 .

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johnmad
NZDUSD 1HR
johnmad PRO about NZDUSD 2 3 months ago
johnmad PRO
3 months ago
This trade is active and my Limit Order was activated a while ago .
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lkthomas
3 months ago
Entered at similar level as well.
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lkthomas
3 months ago
question: what makes you use take profit point instead of starting trailing stop from there?
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johnmad PRO lkthomas
3 months ago
I have back tested my target calculation points and am 70% accurate on my system , the only difference is after i have reached 50 pips in profit if my target is more than the 50 pips i will manually bring my Stop Loss to break even plus my spread .
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lkthomas johnmad
3 months ago
I see, okay. I cut loss already due to breaking new high on 1H chart. Good luck.
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johnmad PRO
3 months ago
Completion of a 3 drives Pattern , i am still short and my target is still the same.
snapshot
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johnmad PRO
3 months ago
stop reached ,
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johnmad PRO
3 months ago
I re-enterd a short on this trade and my Target 1 is now in sight
snapshot
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pip_hunter
3 months ago
Hi John , what are your thoughts on following signal?

https://twitter.com/kevsta35
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johnmad PRO pip_hunter
3 months ago
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
snapshot
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pip_hunter johnmad
3 months ago
Thanks John,for your insight wish you all the best for the coming week.
Cheers Andrew.
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pip_hunter pip_hunter
3 months ago
Hi John,how far do you think AUD/Cad might retrace to ?
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pip_hunter pip_hunter
3 months ago
Thanks john ,for your input and charts. Appreciate it.
Regards Andrew.
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johnmad PRO pip_hunter
3 months ago
You most welcome .
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