EURAUD LONG TP1: 1.62715 (50pip) TP2: 1.62939 (70pip) TP3: 1.63298 (110pip) ENTRY: 1.62198 to 1.62310 Plan: This potential move is subjective to the price when the market opens today. Looking for entry when the price reaches between 1.62198 to 1.62310. Will hold 3 positions for this pair. Once TP1 is hit will move SL to entry for remaining positions.
NZDUSD coming off a 4hr support. Perfect time for entry and a very clean move.
SL may need revising.. Price just coming off a line of resistance however daily trend suggests price is in a very grey area. In other words it it can either hit SL or TP, just like every other trade.
CAD JPY SHORT: TP1: 81.253 TP2: 81.200 to 81.001 (potential)
EURCHF price in a decent position to short. SL may need to be revised but all subjective to the market conditions.
AUDUSD SELL: Going against the 4hr upwards trend, but sometimes in life you need to take risks. * Will be using trailing stops to limit the risks
4h trend = upwards Profit region between 0.67958 to 0.68000
Perfect time to enter as 4h timeframe has signalled upward movement.
The 4hr time frame is indicating a move upwards after consolidation is complete, in regards to where the market price is currently at. If the price goes above 0.90490 then it will confirm upwards movement and signalling a buy for this current pair. Trading tip: Always insure your RRR is a minimum 2.1, Life's a bitch.. so always sleep with one eye open.
EURUSD price should drop to around 1.10587
price for EURAUD is coming off a daily support line therefore indicating upwards movement..