FX:EURAUD   Euro / Australian Dollar
14022 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!!
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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?
nl88 PRO laurencejevans
Im thinking of holding. But probably till half.
Hi, do you think it will hit the top of the canal?
Seems like this is the consolidation that we've been waiting for ?
Consolidation is done. Trade took off. Wonderful analysis to Anil!
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.
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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