In the AUDCAD analysis I wait for the price to reach my desired range These kinds of positions are my favorite My patience is too much And I wait until it reaches my desired range No rush ... Be sure to check the educational video that I linked at the bottom of this post
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Buy limit order placed due to following 1. Bullish tend - higher highs & higher lows 2. AUDCAD is usually retracing from 0.618 fib ratio in the trend
Jumped on this due to the price hitting a resistance point, although I may have to bring down my TP slightly due to it not briefly breaching this level and reversed as soon as it touched the resistance.
System printed an entry with a trigger today on AUDCAD @ 0.89793 with initial target of approximately 220 pips @ 0.91786. Stop is placed @ 0.87300, trailing. I actually entered this trade early and am up 70 pips. Today's candle close above the trigger line will indicate an entry based solely on the rules of the system. Supply/resistance area above around...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD in Daily Time frame AUDCAD is moving in Channel since long Time Again AUDCAD is touch the resistance line of this channel.
#AUDCAD in D1 time frame AUDCAD is way to touch the Higher trend line of this channel and then going to touch the Resistance area
Bullish structure HH, HL formation - Dow Theory respected Bullish engulfing spotted at HL FIB support at HL Entry at .89032 SL placed just below FIB support and HL at .88725 TP 1 FIB resistance at .89355
Price has been bullish on HTF this has been confirmed by the H1. Now we expect price to pull back into retracement levels before taking any long positions
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CAD Buy. Enjoy the day all. Cheers. Jim
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
After a long period of time, the compression was completed and all the early buyers invited into the compression trap were liquidated. I will now be looking to join the true buys around a solid area of demand. We may bounce from here but I believe we are likely to push deeper into the initial demand before we see any reaction. As always, I will be monitoring...