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Daniel.B
Jan 25, 2015 2:51 PM

Different Perspective / Analysis  Long

British Pound/Australian DollarFXCM

Description

As usual all description / notes are jotted down on the chart =D

This is mostly analysis on the pair as price would have to close above the 1.9200 area on the Daily chart for me to start looking for intraday / swing setups on lower time frames such as the 4HR / 1HR charts. Feel free to formulate your own unique trade plan for this pair, while of course using responsible management over the trade.

Cheers, happy trading folks =)
Comments
Technician
I think channels are one of the greatest tools ever there, when combined with more good tools.
Daniel.B
Thank you for the supportive comments, much appreciated! And I totally agree with you on that, I've found them to offer some of the best trading opportunities when combined with separate tools to add additional vindication to a trade.
FXGomes
Hey Daniel, love your chart. Thank you for sharing.
May I ask you where you got the weekly resistance? The 1.618 FE is clear for me.
Daniel.B
Hi, thanks for the positive comment, much appreciated. I inserted a chart showing how I got the weekly resistance. Hope I answered your question =)
Technician
Look at that beauty, amazing chart art there. Appreciate you work
JazzForex
Fancy pants chart man! Well presented.
Daniel.B
It took me a lot of "OOooommmmm" to not present an Alpha like trading scenario.. lol =D
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