AUD/USD

Looks like you're in a great position

The big boys did try to scare me away initially with a fake down move, however, since the moment I stopped using SLs and started relying on the charts and the forces that move them.... the big boys are not almighty and can do nothing about it. I still tend to enter before the best moment, as I did in this trade, but patience will come with age, I guess ;-). Wish you all more good pips today !

I entered a sell position at 67369. What do you think my best move is? based on current trends?

I am sorry, I am having a hard time seeing a significant move down from here. Maybe a slight chance that it gets down to 0.6745 (zone) in the next 2-4 hours.

How long do you think this uptrend will last

I'm holding my buy at least to there:

AUDUSD 4H:


Daily view:

setting up for a nice dump once US-China trade talks fail early next week.
this is 3 hour price chart.

What makes you think it will be bad?

AUDUSD worth an update, since there's some decent progress to deescalate US-China trade war, at least for a while.

Here's AU daily price chart. Noteworthy - Price/RSI11 bullish div into double bottom on daily.
If we get a nice kick start next week, possible target for bulls is 6900 within next 2-3 weeks.
Could be a decent swing trade setup.

Elsewhere, SSI data is also more or less decent with LONG/SHORT ratio @ 50/50, so upside is possible from here.

Good luck traders, and trade safely, don't forget to use SL with your trades!

PS: I got nothing on NU, out of two I'd definitely pick AU, since it's a better play.

3 hour price chart with a possible outcome (6900).

i think it might gap down on open - 6840 might be worth selling - if it doesnt drop below 6750 then long might be in play, otherwise down she goes

I think in AUDUSD actually a small short trade can bring abouth 20 Pips, if the daily candel close below the trendline.
A fibolevel is 20 pips below, which i think could be touch.

AUDUSD looks very very heavy. A dump is coming to this space probably today/tmrw.

Looking for a reversal around 6675 off an ETP2.

AUD will gain 50.0 pips. Buy AUD/CHF.
Buy AUD/CHF @ 0.6725. Analysis is coming soon.
USD/CHF will gain too, so I am buying AUD against CHF instead of buying against USD.

i am extremely bullish on audusd. not only the unemployment data for aud turned out to be surprisingly good, but also everything is prepared for a bullish rally for aud against usd. a trade deal has decreased the risk for asian markets, all the recent data from asian and european markets have turned out good while that of us was poor. and the last but not the least, the audusd has bottomed out and now is the time for at least a medium term correction in the prices. this can be seen from the technical point of view where a reverse head and shoulder has formed.

Short scalp to 0.675 SL 0.67889

#AUDUSD / H4

Closed AUD/CHF with +50.0 pips, target's complete.
CHF stayed neutral, USD moderately lost; however significant gain in AUD helped me reach target.

My view on CHF is still same and I am looking for trade against CHF, retracement in major USD pairs may help USD/CHF to make new high on D1. I will post in USD/CHF thread or other thread of CHF pair if I determine a trade setup against CHF.

AUD/USD short trade | Oct 17, 2019

After 3 drive, at least 30% downward retracement is more likely to take place. Upcoming event of RBA's Lowe may cause many traders and fund managers to close buy positions to book profit, which may help downward retracement.

Sell stop right blow low of H1 candle marked with.
Target 30% of whole 3 drive, that is 0.6785 (± 3.0 pips).
Setup fails if any H1 candle closes above latest high.