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khansalarehsan
May 10, 2018 9:02 PM

3.19:1 R R ratio for EURAUD Short  Short

EURO / AUSTRALIAN DOLLARICE

Description

400 pips profit for only 125 pips of loss. A great shorting opportunity.
Good luck,

Khan

Comment

I am in from 1.58820 currently on 67 pips profit.

You find your best spot to get in. GL...

Comment

German, French and Italian Yields are down around 0.60%. Good for our trade...

Comment

If AUD Weighted Average (Daily) breaks the 50% Fibo level, it can easily get to the next level of resistance.

Time Fibo suggest one weak of bullish move for AUD. See the vertical line ahead of the price.

Comment

If you ever wondered why AUD is falling I have two charts here that may suggest we may see some AUD appreciation soon.
Frist one is AUD Yields. See the huges gap up. Nomrally it is highly correlated with FX. We cannot see that in FX yet. Hopefully should be in place soon.


Next one bonds. Not a pretty charts but notice the gap again. This also suggest stronger AUD. Good for our trade. Right?

Comment

See the beautiful breakout of the AUD Yields


Comment

See the beautiful breakout of the AUD Yields


Trade closed manually

Closed this trade with 80% profit. Thanks for following
Comments
TBanana
Hi Khan,

Great analysis as always (also love the USD/JPY one)! Is there a lot more to come for EUR/AUD you think or we stop here?

Many Thanks,
Tony
khansalarehsan
@TBanana, not a lot form CAD but EURO weakness is clear . gl
x2dazo
I have entered the idea at 1.57935 am I too late on this or do we have lots more to go?
khansalarehsan
@x2dazo, Lots more to go my friend imo...
JJSC-2018
@khansalarehsan, TP 1.56 ?
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