Loving the long side here.
End of day.
Folks want to trade this back up toward tomorrow's unseen daily pivot.
I'm long right here.
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Listen, I don't know what's gonna happen next with this pair. But I am loving the idea of a break below the lows. Classic flag pattern. Classic delicious pips on the way.
Love the heck outta you.
This doesn't seem like much. Just a small upward move. But the pair hit R3 and I love, love, love (3 loves lol) to see divergence when that happens. So I'm going short and holding on for an intraday trade, halfway to the daily pivot.
I love fading the AUD pairs after news. I love it when they spike. Just saying.
Here's an episode of the podcast where I talked about trading the news.
Nothing to buy, just something to share.
This freight train left the station before the beginning of the month and it's out of control.
Crash and burn - that's the story here.
But finally it seems like we might have found some support. And it's a perfect time of the month (2nd half) for a reversal. So I'm starting to build a buy position here, target 1.6801.
I'm already short this pair, and looking to add to it. I know it's been in a wild, savage upward trend, but it has begun to miss daily pivots - with today's being the most recent. It looks like the pair will close today below the daily pivot, and that's bearish for me. If we can then get bearish Knoxville Divergence or a bearish reversal tab, or just a solid break...
This is a trade with the Knoxville indicator on tradingview. It shows divergence last week leading into a bit of a pop this week. We're long from .8952 and would like to get to .9200.
We took a long trade on AUD last week and I feel like we are Linus waiting in the pumpkin patch for the Great Pumpkin. Today we got a little boost and that make me happy.
Call me crazy but I'm going to go ahead and take my first buy trade on AUD/USD, in a play to get in on a reversal of the trend, at .8951. Multiple Knoxville Divergences and Reversal Tabs, and the new month.