FX:EURAUD   Euro Fx/Australian Dollar
14013 67 204
Hi traders , this is another pair we looked at in details. Also expecting an up move if it breaks and consolidate.

Let's wait for confirmation before we buy.
Use a tested strategy to trade.
If you missed the Webinar last Friday, you can watch it on youtube: http://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Comment: I notice a lot of charts been posted using only trend lines as I do and I would like to warn those who follow me, that the lines themselves have little meaning!!! It is more about the STRUCTURE!! So not the break of the line that indicates a buy or sell but the COMPLETION OF A PATTERN within a given structure!!
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Training : add to skype mangal457
Flying here as well. Thank you Anil :)
+1 Reply
So it finally came! Thank you for the insight Anil. Did nobody else catch it? Anyone holding it all the way up?
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nl88 PRO laurencejevans
Im thinking of holding. But probably till half.
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Hi, do you think it will hit the top of the canal?
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Seems like this is the consolidation that we've been waiting for ?
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Consolidation is done. Trade took off. Wonderful analysis to Anil!
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EZ money Anil. Cheers.
+1 Reply
is this trade still going on? lots of struggling right now, seems bearish but may still end up going up
+1 Reply
Wait for a breakout of consolidation usually around London Session, then buy on the first impulse.
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khorkhii Lucid.Trader
thanks, yep went long at the break out, was 100 pips up but it retraced a bit. any advice on where my stop loss should be right now? worried about putting it too close and being stopped on a mini retracement.
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