March Australian Dollar rose slightly against the USD. Looking for AUD to finish Elliot Wave position 4 somewhat like the 1-2 move, choppy. Move has been contained within the bearish flag setup.
March Australian dollar creating a 1-5 Elliot Wave with possible Gartley pattern end wave. Looking for a sell at .7283 position 4 just below previous low down to .70 position 5.
Note: GBP/AUD follows our prediction last week. We remain bullish on this pair. There are 3 trading plans for this pair: 1. Wait for the potential breakout trade. When the price breaks the immediate resistance line, wait for weak pullback and bullish signal to long 2. A strong bullish signal bounce from the 20-EMA line, a good signal to long now. Can long...
Note: AUD/USD followed our bearish prediction previously. We remain bearish outlook on this pair. There are 2 trading plans for AUD/USD: 1. Wait for the price pullback to 20-EMA and Resistance Zone. Wait for bearish signal to short with right risk amount. 2. If the price breaks the immediate support line. We need to wait the price pullback to the...
Resume for 2016. Total of 1257 PIPs from 3 trades in 2016. One trade missed. Happy new year!
Note: AUD/CAD is following what we predicted last week and 2 weeks ago. Overall, we are bearish on this pair. We are looking for the price correction/pullback to the resistance zone near 0.977 level and a bearish signal to short with the right risk. It will be a high R/R ratio trade :)
Note: AUD/JPY didn't follow what we plan last week, so we didn't trade this pair. Now, we are bearish on this pair. There are 3 trading plans for this trade: 1. Wait for price correction near the resistance zone near 86.2x level, followed by a bearish signal to short. We can short with right risk amount. But the chance of the price correction to this level...
GBP/AUD - SHORT TILL 1.70100 fibonacci retracements...
Note: AUD/NZD follows what we predicted last week and previously. Overall, we are bearish on this pair. Here are 2 Trading Plans for this trade: 1. Wait for pullback to the upper line of this downward channel, followed by bearish signal to short with right risk amount. 2. Zoom into H4 or H1 chart and look for pullback to 20 EMA and short with right risk amount.
Note: AUD/NZD follows what we predicted early and congratulation to those who follow our previous earning trade. Overall, AUD/NZD still in bearish mood. We need to wait the price move up to the upper of the downward channel. After that, wait for 1 strong bearish signal or 2-3 bearish signal to short!
Note: GBP/AUD follows our prediction last week. We remain bullish on this pair. There are 3 trading plans for this pair: 1. Zoom into H4 chart, there is an immediate resistance line at 1.715x level, wait for price correction or pullback to 20-EMA and bullish signal to long 2. Wait the price pullback to support zone and bullish signal to long 3. If the...
Note: We remain bearish on EUR/AUD due to the breakout from the descending triangle. Our trading plan: Wait the price to rally near the resistance line at 1.446x and wait for bearish signal to short!
Note: AUD/JPY follows what we predicted last week. Overall, we are still bullish on this pair unless it breaks the support zone at 86.0x level and the 20-EMA line. Our trading plan: Waiting for a strong bullish signal bounce back from the support zone is a good signal to long! Caution: The BOJ Policy rate on Tuesday!
Note: AUD/CAD is following what we predict last week. Overall, we are bearish on this pair There are 2 plans for this trade: 1. Looking for the price correction/pullback to the support zone near 0.979 level and a bearish signal to short with right risk 2. Zoom into H4 or H1 chart to look for pullback to 20-EMA and short with little risk
This another bull setup after previous AN trade of 1:6 RR If this played with right Money management can bring in lot of pips I will keep posting updates on Lower TF. Happy Trading
Note: It is a potential Break Setup. There is a strong resistance zone at 86.2xx area. We need to pay attention whether this pair able to break this resistance zone. There are 2 ways to trade this pair 1. If the price able to break the resistance zone, wait for pullback to the resistance zone and bullish signal to long -Can long after breakout with small lot...
Note: EUR/AUD breaks the Descending Triangle Pattern. Further downward movement is expected! Recently, we see a consolidation after the breakout. If the price able to break the consolidation support line at 1.417x area. Here are 2 ways to trade: 1. Short it directly after the breakout with smaller lot size. 2. After breakout, wait for pullback to the support...
Note: GBP/AUD formed a SWING SETUP! It able to breaks the current support zone and the pullback fall to 20-EMA and Support Zone. After that, few bullish bars shown to bounce back to the bullish trend A high R/R trade to entry now :)