FX:AUDUSD   Australian Dollar/U.S. Dollar
6869 26 112
Today Is NFP

Plan 1:
If NFP data is good, dollar up, we want to sell any rally
Pay attention to 0.7600 (broken structure)
or the recent support ( 0.7560), Target 0.7480
Plan 2:
if NFP data is bad, dollar weak, we want to buy the
breakout+pull back to 0.7600 and aim for 0.7640

Comment:
snapshot
Comment: Very Nice Fall, we short from 0.7600-0.7620
now we have good gain
Comment: NOW IS 0.7560
Comment: Now is 0.7509
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Hey Jack do you have any idea about GBP? If yes please publish your idea
+3 Reply
smells like a good plan. Good job.
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wtfrtr FemiAdewole
Its "sound" not smells :-)
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By dollar, i presume you mean USD
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yeah.
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When is NFP?
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http://www.investing.com check calendar
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lencanoot grappa01
In 20 mins.
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Thanks... hopefully no ones accounts got blown last night due to stop slipping:/
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rejection there, we going down?
+1 Reply
a.b PRO Alland296
Support of daily trend line around 0.752... I'd wait and search the short opportunity there
+1 Reply
cheers
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Flop
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update?
+1 Reply
ok, so we bouncing off 2.618 , can we expect 61.8 retrace only, or stop at trend line , or continue up?
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i thought the data was bad, so why are you still shorting? someone pls educate me on this
+1 Reply
mythrir r3flex
data is bad but we consider remaining cross pairs audusd mainly depending on commodities...so audusd is raising means usd is not negative...gold or oil etc is increasing....when trading au we consider all commodity pairs
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The answer is simple:
I short this coz it can give me good profit.
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https://www.facebook.com/photo.php?fbid=224662997952882&set=a.102257353526781.1073741828.100012275491970&type=3&theater
and I earn money.

A lot of times, the data will cheat thoese novice trader who only can refer the news.
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r3flex PRO tntsunrise
thanks. I guess I'm one of the novice traders who is getting cheated then. Where can i learn more about reading the news? any site or book recommendations? Nice profits btw. life must be good :)
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Thanks Jack, is your TP 0.7480 and how did you set that value?

Thanks
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tntsunrise TOP chartmaster
Structure.
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chartmaster tntsunrise
What do you refer to as structure, can you pls give an example?
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tntsunrise TOP chartmaster
I will teach my students in my course, but I can still give u a hint
snapshot
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chartmaster tntsunrise
Thanks for that and I was considering attending one of your courses...

Btw, I was thinking you were referring to "wave structure". So you are using technical levels.

What is your rationale then for a 1.0637 stop in your EURUSD idea? Technical supports kicks in around 1.085 already?



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https://www.facebook.com/photo.php?fbid=224662997952882&set=a.102257353526781.1073741828.100012275491970&type=3&theater
Live Trading Results from this AUD SHORT PLAN.
Check it!
Reply
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