TimStuyts

AUDUSD don't just follow the herd!

FX:AUDUSD   Australian Dollar/U.S. Dollar
578 9 22
3 months ago
The market is completing the weekly structure in several pairs like AUDUSD             and EURGBP             . I like to trade these pairs and just want to warn you all to be careful selling highs just yet. I'm not saying it won't go down but if you understand market dynamic you understand why the highest probability trade is just not there yet.
I gave several possible examples on how AUDUSD             might unfold but my favorite trade really is selling from higher levels (0785 ish             for August and 0.81 for complete structure). Structure will tell what to do so if it reverses I will join. However be patient because once market dynamic and structure are lining up the real money can be made (that's just not the case yet). Personally I made a lot of money buying others sells in EURGBP             and AUDUSD             the recent trading day's because we are not done yet. I play this simple, I buy bullish reversals from lower time frames up to my targets from. Place stop loss at break even when possible, we either make a new high and I make my profits or I get stopped out at break even and we most likely reverse. Then I adjust because although I have my ideal scenario's I keep an open mind at all times.

updates will follow

like me on facebook             for more in depth analysis and to stay in contact until website launch.
www. facebook             .com/wwwtimstuytscom
3 months ago
Comment: Still playing the range so manage stops closely if you are short because it can reverse easily within this yellow box, watch for consolidations before trading the continuation. We have FOMC later today so be careful.
snapshot
RenkoCloud
3 months ago
Exactly the chart I have been waiting for... keep the good work up...
+1 Reply
WaqasRaja
3 months ago
Awesome!!
+1 Reply
Sidd
3 months ago
Any updates to the following chart mate?
Reply
Sidd
3 months ago
Classic Update..Thanks Mate!
+1 Reply
TimStuyts Sidd
3 months ago
Anytime, good that you asked!
Reply
Sidd TimStuyts
3 months ago
Im looking at the weekly chart..Looks like its heading down big times
snapshot
Reply
Sidd TimStuyts
3 months ago
Sorry Mate wrong chart
snapshot
Reply
TimStuyts Sidd
3 months ago
Longer term yes, but I like to see a test of 0.81 for the perfect short. Structure will tell.
Reply
Bob_B_Northman
3 months ago
Thanks Tim
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out