TomUnderwood

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About me Are you a technical trader? Then trade what you see. Are you a fundamental trader? Then trade what you hear. Don't let what you hear distort what you see
Last visit Joined 2 years ago Brisbane, Australia underwoodandsmith.com
Simplicity is key
Markets Allocation
67 % forex 33 % other
Top Mentioned Symbols
AUDUSD 33% | 1 NZDUSD 33% | 1 XAUUSD 33% | 1
TomUnderwood TomUnderwood XAUUSD, D, Short , 5 months ago
XAUUSD: Gold short - double followed confirming price action
82 0 7
XAUUSD, D Short
Gold short - double followed confirming price action
Gold has been outperforming since October last year and has produced consistent and solid technical set ups. A short term descending double top has formed followed by confirming bearish candle then consolidation with a exhaustion candles. Descending double top > impulse bearish candle > consolidation with in-trend ...
TomUnderwood TomUnderwood NZDUSD, D, Short , 5 months ago
NZDUSD: NZDUSD short - pinbar at significant zone
44 0 4
NZDUSD, D Short
NZDUSD short - pinbar at significant zone
The Kiwi has been loitering around the 0.73 mark for some time and has posted a significant pin bar on the daily that pushes into the significant resistance zone however closes weakly below. This is followed by a retest of half of this candle with a weak close. This presents a high probability set up for continued ...
TomUnderwood TomUnderwood AUDUSD, D, Short , 5 months ago
AUDUSD: AUD/USD short - high probability double top
80 0 7
AUDUSD, D Short
AUD/USD short - high probability double top
The Aussie has formed a descending double top on the weekly charts and confirming pin bar followed by bearish engulfing candle on the daily for a high probability short trade with favourable risk to reward targets. One good characteristic about this double top is the exhaustion candles (defined by the large wicks) ...
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