Smart investment, Strong finance
AUD INFORMATION:
Investors were aggressively pricing in the end of U.S. rate increases on Friday, leading to a significant recovery in the bond markets. As a result, the Australian and New Zealand dollars were on track for their strongest week of the year.
Personal comments...
hey guys short anaylsis explaniation but im looking for a Swing Trade will be holding this for this week and possibly the start of Next week
Hope you guys caught the live session i did the other day and look out for more as i will be Going live more often maybe a few times a week.... to be determined but i=enjoy the value and these set ups
Remember information...
-Price is in an overall bearish trend
-Currently on the 4hr and lower TFs it appears that price is consolidating.
-Expecting price to form a candlestick reversal pattern and retrace to test the 50.0--61.8 fib level.
-Price also formed sort of a double top and broke below, a retracement to the previously stated levels, would also serve as test of the...
We just made a double top and now waiting for the price to pullback. We spotted a parallel Channel and we are expecting price to move close to the bottom line of the Channel. We need a move downwards to confirm the reversal of the trend.
RSI : RSI lines crossed and we are looking for a reversal of the trend. Also RSI above 70 means Overbought.
MACD : MACD is...
I didn't take into consideration spread upon entry. My 5 pip SL position size was filled 7 pips away from that technical pivot SL area. This is a lesson learned and next time I will take into consideration the spread before entry. If I am still filled at a price that is significant from original calculated position size then I will exit, then enter with correct...
We can short trade from 81.900 - 82.400
and following shown targets and stop lose .
** Important **
this is a daily chart and stop lose is BIG
so please make sure that your potential
lose not more than 2% of you portfolio >
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action...
I look to re-enter short AUDJPY from the region where I see strong volumes during the selloff. Trade war jitters still there and going short AUD and long JPY is a less risky option
I would like to short AUDJPY from 83.60 for 30pips PT/SL. The reason for my trade is that there are few S/R at this level and then there was a strong rejection of higher prices and quick sell off.
