DislikedOff we go, into the wild blue yonder.
Flying high, into the sun.
Regards,Ignored
Making an informed decision about the platform to go with 12 replies
AUDUSD Pattern 12 replies
25.000 AUDUSD position.. Value of roll over? 0 replies
AUDUSD 7 replies
DislikedOff we go, into the wild blue yonder.
Flying high, into the sun.
Regards,Ignored
Dislikedhmmm..... all the fundamentals are pushed aside, looks like all the aussie data aint helping at all.... bad up, good up too?! what the heck is going on! bloomberg, target that AU might reach 0500... what the duck?Ignored
DislikedAUD went up after the Home Loans m/m fell to -5.6% yesterday (while forecast was -2.6%). Today, CAD Ivey PMI is positive as 73.2. I thought that means AUD/CAD is going to fall. However, it is actually going up.
I am a newbie and scratching my head trying to understand the reasons behind it but couldn't figure it out. Could anyone please shed some lights on this? Thank you!Ignored
DislikedHad a short order @ 1.0500 that triggered.... 2 lots. Stops @ 1.0560. TP doubled @ 1.0380. We are in uncharted territory here. This is a pure momentum exhaustion play, so my reasoning is pretty thin. Good trades to all....
Regards,Ignored
DislikedHi all,
I suggest selling @ 1.0471 TP 1.0400 SL 50pips
We have horizontal resistance @ 1.4071 plus demand channel resistance around the same region. The 2-bar reversal pattern (inside bar) further strengthens my decision to sell.
Lets get a 3rd test of the demand trend line (thick white line) on 1hr tf before buying back with in anticipation of the BIG short @ 1.0524
Find chart attached.
Happy trading!
Meshach.Ignored