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EUR/AUD

  • #2,401
  • May 9, 2018 3:10am May 9, 2018 3:10am
Quoting Expo33
{quote} Me too!! And there's enough pride on Forex Factory to fill up the Pacific Ocean. Target hit for 28.6 pips. In and out in 40 minutes. Sometimes it works out so easy, other times, meh, not so much. {image}
Is that pitchfork you are using? saw the swing points and the lines as ups and downs
  • #2,402
  • May 9, 2018 3:25am May 9, 2018 3:25am
Quoting Trade-G
{quote} Is that pitchfork you are using? saw the swing points and the lines as ups and downs
Yes pitchforks (median lines) with sliding parallels.
Pride always comes before destruction.... -Proverbs 16:18
  • #2,403
  • May 9, 2018 3:30am May 9, 2018 3:30am
Quoting Expo33
{quote} Yes pitchforks (median lines) with sliding parallels.
Looks good ! had some superficial knowledge when was introduced to Tim Morge's PF
  • #2,404
  • May 9, 2018 3:33am May 9, 2018 3:33am
Do you think the upwedge of this pair is going to work out?
  • #2,405
  • May 9, 2018 3:43am May 9, 2018 3:43am
Quoting Trade-G
Do you think the upwedge of this pair is going to work out?
I don't know. I just took a trade that fit into my plan. Price has since re-traced right back to the same level. I am flat now and on the sidelines.

Off to snooze land now.

Cheers.
Pride always comes before destruction.... -Proverbs 16:18
  • #2,406
  • May 9, 2018 10:06am May 9, 2018 10:06am
Quoting Trade-G
{quote} Looks good ! had some superficial knowledge when was introduced to Tim Morge's PF
Here you go ! breakout and it happens !
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 42 KB
  • #2,407
  • May 9, 2018 10:56am May 9, 2018 10:56am
Quoting redhotfx
I'm short on this pair, anybody else? {image}
I opened a short position after it bounced off from 1.5960. Next target will likely be at 1.5850.
  • #2,408
  • May 10, 2018 2:41am May 10, 2018 2:41am
Quoting redhotfx
I'm short on this pair, anybody else? {image}
Seems to have played out quite nicely,
  • #2,409
  • May 10, 2018 10:37am May 10, 2018 10:37am
The move to the downside continues, next target may be at 1.5800.
  • #2,410
  • May 11, 2018 12:04pm May 11, 2018 12:04pm
The pair bounced off from 1.5775, next target will likely be around 1.5900.
  • #2,411
  • May 14, 2018 10:07am May 14, 2018 10:07am
The pair bounced off from 1.5885 but the move to the upside may continue this week.
  • #2,412
  • May 18, 2018 11:34am May 18, 2018 11:34am
The move to the downside continues, next target will likely be at 1.5600.
  • #2,413
  • May 20, 2018 5:45am May 20, 2018 5:45am
ABC correction with a double bottom

cypher pattern present

downside becoming weak based on the lows not advancing much lower (denoted by purple lines)

price at demand level

ill be buying this
Attached Image (click to enlarge)
Click to Enlarge Name: 56BC59EA-FE7C-442E-8E40-747B03BC0320.png Size: 257 KB
  • #2,414
  • May 20, 2018 5:50am May 20, 2018 5:50am
I have such a view.
Attached Image (click to enlarge)
Click to Enlarge Name: sasadads.png Size: 33 KB
  • #2,415
  • May 21, 2018 12:27pm May 21, 2018 12:27pm
It broke out below 1.5600 and the move to the downside continues, it will likely continue falling towards 1.5500 or even towards 1.5400.
  • #2,416
  • May 22, 2018 11:48am May 22, 2018 11:48am
The pair reached 1.5500 and bounced off from it, but the trend remains very bearish and the move to the downside will likely continue.
  • #2,417
  • May 23, 2018 10:26am May 23, 2018 10:26am
The pair is testing the support at 1.5500 again, the question is whether it will form a double bottom or it will break out below that level.
  • #2,418
  • May 24, 2018 11:50am May 24, 2018 11:50am
It has broken out below 1.5500, the move to the downside will likely continue towards 1.5450.
  • #2,419
  • May 24, 2018 4:36pm May 24, 2018 4:36pm
what are your guys thoughts on this pair. Do you think its going to break below this 1.5450 level or will it reject and go back above to resistance like its done recently ?? I played the long from the recent rejection also played the short earlier today and im out now with +50 pips. Not sure about next move/
  • #2,420
  • May 25, 2018 12:19pm May 25, 2018 12:19pm
It's bouncing off from 1.5400 but next week it will likely continue moving to the downside.
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