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AUD/USD

AUDUSD 25-29/5/20
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Quoting Traderview
AUDUSD 25-29/5/20 {image}
So your prediction is on for now, lets see if this is a retest or another continuation uppwards.

Dow futures are today strong up but AUD is not following along today so strong this far.
It's about time.
Just observed some signs of the first daily correction of the recent up move on AUD pairs, except AUDCAD .
Don't neglect the possibility of the last spike/up move, before starting the correction as shown on the chart by narrower arrow.

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Please check out each idea on TradingView following the links below:
AUDUSD
AUDCHF
AUDJPY
AUDNZD
Or
Forexian Telegram channel

Don't neglect the possibility of the last spike/up move, before starting the correction as shown on the chart by narrower arrow.
We can't control the sea, but we can learn how to surf the waves.
Quoting krst8
{quote} So your prediction is on for now, lets see if this is a retest or another continuation uppwards. Dow futures are today strong up but AUD is not following along today so strong this far.
It is still on. Remember last friday, i mentioned it'll retest 0.6550, it did. It is crucial resistance. Even if it moves above 0.6550, there shouldn't be any 4hr closing above 0.6562 - 0.6570. It will hunt for the SL above 0.6550.

Definitely, 0.6488 is on the cards. Week will close below 0.65
Quoting Traderview
{quote} It is still on. Remember last friday, i mentioned it'll retest 0.6550, it did. It is crucial resistance. Even if it moves above 0.6550, there shouldn't be any 4hr closing above 0.6562 - 0.6570. It will hunt for the SL above 0.6550. Definitely, 0.6488 is on the cards. Week will close below 0.65
Do you think it can go down even further to the lower levels 60-63 or that is a no go zone?
Quoting krst8
{quote} Do you think it can go down even further to the lower levels 60-63 or that is a no go zone?
I think i have given you the projection already.

Here is the link: https://www.forexfactory.com/showthr...8#post12955038

0.6220 is my final call.
#AUDUSD / H4 & H1
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For shorts, wait for an hr candle close below 0.6570.
Quoting Traderview
For shorts, wait for an hr candle close below 0.6570.
Many retailers Long...
Time for "big Boys" to short at resistance around 0,67
Quoting renkotop
{quote} Many retailers Long... Time for "big Boys" to short at resistance around 0,67
The high, imo, is 0.6678. In my view, there are lot of shorts. It's just a SL hunting. if this 4hr closes below 0.6590, then the more downside.
Quoting Traderview
{quote} The high, imo, is 0.6678. In my view, there are lot of shorts. It's just a SL hunting. if this 4hr closes below 0.6590, then the more downside.
@Traderview, agree. How/where do you see, that there are a lot of Shorts. Do you have a tool for that?
Thanks for Reply,
Renko
wooo what happened was busy all day and missed AUD giving us an uppercut.. lucky i didn't sell 6570 on order but there was a scalp in it still

if we hold 6600 i think demand will go through the gap up to 6690, if we get to 6700 i will sell scalp for sure.
grist for the mill
Quoting aariapoor
It's about time. Just observed some signs of the first daily correction of the recent up move on AUD pairs, except AUDCAD . Don't neglect the possibility of the last spike/up move, before starting the correction as shown on the chart by narrower arrow. {image} Please check out each idea on TradingView following the links below: AUDUSD AUDCHF...
So the spike scenario played out.
Hopefully you are not as an aggressive trader as I am, listened to the advice, and took the risk of the mentioned spike into consideration.
We can't control the sea, but we can learn how to surf the waves.
Quoting aariapoor
{quote} So the spike scenario played out. Hopefully you are not as an aggressive trader as I am, listened to the advice, and took the risk of the mentioned spike into consideration.
yeah, did not take your advice and screw up my account on this short trade, margin call crap :-( first time here. But I wonder if it is really a spike, i cant see any uppside stop until 68. 3 level basically?
It is unstoppable
Anyway, waiting to see price action in area 0.6684/0.6725 for a sell entry
Isn't it hilarious while Gold tanking, Aud and Nzd strengthening!!

This BS market is totally fucked up!! Doesn't look like anything basic that was years ago!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
Quoting krst8
{quote} yeah, did not take your advice and screw up my account on this short trade, margin call crap :-( first time here. But I wonder if it is really a spike, i cant see any uppside stop until 68. 3 level basically?
what are you talking about?
my advice was this:
Quote
Don't neglect the possibility of the last spike/up move, before starting the correction as shown on the chart by narrower arrow.
We can't control the sea, but we can learn how to surf the waves.
Quoting aariapoor
{quote} what are you talking about? my advice was this: {quote}
Yes i agreed that i did not take your advice! Should closed with a small loss on friday...
Quoting ChiForex
Isn't it hilarious while Gold tanking, Aud and Nzd strengthening!! This BS market is totally fucked up!! Doesn't look like anything basic that was years ago!
it is just going along the us stock market these days. If SP500 up then AUD upp...
Just closed my long 114 pips
Master your mind. Master Trading.
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