anthony.pham00

How I think the EURAUD will play out in the next few months

FX:EURAUD   Euro Fx/Australian Dollar
83 2 3
My take on the EURAUD             and how this may play out heading towards end of the year or sooner.
Provided these advanced patterns complete and we see structure being tested at these key levels then we can use this information to give us that edge.

This is why I love the market...combining some technical analysis with some fundamentals and you can almost predict the future...

I could be totally wrong..but so what? I know my risk/reward. I know where my stops and targets are. If this goes completely against me then so be..move on to the next currency pair...

Just my thoughts for the weekend...peace out
timwest PRO
a year ago
What fundamentals do you use to help you predict the future?
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anthony.pham00 PRO timwest
a year ago
Hmmm I really only take note of fundamentals at a macro level and also the correlation between different currency pairs and commodities. However lately I've been taking a lot of interest in the geopolitical aspect and it's impact on financial markets. If you're referring to non farm payrolls data or retail sales etc then no...i have zero interest in any of that..
Not sure if I answered..I hope I did....
Bottom line is, I just find it too coincidental that the price action across all markets just magically forms these patterns and is timed so well as it reaches a point where some decision needs to be made...like a fork in the road..
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