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EUR/AUD

  • #2,721
  • Mar 1, 2021 9:39am Mar 1, 2021 9:39am
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Probable it wants to test lows once more on MN. Long tick on candle retrace, but we have gap on MN, too. Lets see how it will proceed firstly. My SL for the last 3 positions is at 1.5435. I had moved down a little from the last time.
GL.
Multiple Position Trader
  • #2,722
  • Mar 9, 2021 6:26pm Mar 9, 2021 6:26pm
Quoting Lenart80
{image}Probable it wants to test lows once more on MN. Long tick on candle retrace, but we have gap on MN, too. Lets see how it will proceed firstly. My SL for the last 3 positions is at 1.5435. I had moved down a little from the last time. GL.
Still holding short now that the dxy movement has slowed for a second and the pair isn't trading in opposite correlation with eurusd so much? Looks like it might try and test the MN, but the push south isn't that strong on the 4hr.
  • #2,723
  • Mar 10, 2021 1:20am Mar 10, 2021 1:20am
Quoting I.Scorpion
{quote} Still holding short now that the dxy movement has slowed for a second and the pair isn't trading in opposite correlation with eurusd so much? Looks like it might try and test the MN, but the push south isn't that strong on the 4hr.
In opposite correlation with G/U not E/U. For now Im not trading this pair. Just watching. It doesnt have a clear direction and its just dancing in this area. Whats your entries?
Multiple Position Trader
  • #2,724
  • Mar 10, 2021 7:14am Mar 10, 2021 7:14am
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Selling pressure its still in focus and until I see a proper break of this channel, I will not buy. I'm expecting once more to see the previous lows and maybe we will have a double bottom.
Thats it for now. Lets see.
Multiple Position Trader
  • #2,725
  • Mar 10, 2021 7:18am Mar 10, 2021 7:18am
Attached Image (click to enlarge)
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And this is a MN chart...
Multiple Position Trader
  • #2,726
  • Mar 11, 2021 11:32am Mar 11, 2021 11:32am
Quoting Lenart80
{quote} In opposite correlation with G/U not E/U. For now Im not trading this pair. Just watching. It doesnt have a clear direction and its just dancing in this area. Whats your entries?
None right now. The daily range is too constrictrd to scalp as well since last week. I'm in your boat, watching.

Thank you for the correlation piece! Just started watchi g this oair over the past two weeks. Looks like it historically trends well when there's direction for longer term trading and some amount of intraday scalping.
  • #2,727
  • Mar 17, 2021 4:12am Mar 17, 2021 4:12am
We have about two weeks since this pair moves in a sideways trend. Neither ECB press conf or RBA conf was able to give this pair a new trend. What is your opinion? What are the chances to see a 1.57 price this week?
  • #2,728
  • Mar 17, 2021 4:47am Mar 17, 2021 4:47am
Quoting AndreiPutura
We have about two weeks since this pair moves in a sideways trend. Neither ECB press conf or RBA conf was able to give this pair a new trend. What is your opinion? What are the chances to see a 1.57 price this week?
you can't trade opinions

trade what you see

good luck
It takes a lot for me to IGNORE you, but you can try.
  • #2,729
  • Mar 17, 2021 4:55am Mar 17, 2021 4:55am
Quoting Erebus
{quote} you can't trade opinions trade what you see good luck
I already traded this pair and I'm stuck in a hedge . This pair needs to decide either go for the next support zone at 1.52500 or make a run for it at 1.57 like she did 3 weeks ago . Anyway, only wanted an opinion from someone with much more experience
  • #2,730
  • Mar 17, 2021 11:39am Mar 17, 2021 11:39am
EURAUD weekly candle opened below 1st support of 1.5535 to hit 2nd support of 1.5194 by God grace.
Attached Image
  • #2,731
  • Mar 17, 2021 9:39pm Mar 17, 2021 9:39pm
Quoting AndreiPutura
{quote} I already traded this pair and I'm stuck in a hedge . This pair needs to decide either go for the next support zone at 1.52500 or make a run for it at 1.57 like she did 3 weeks ago . Anyway, only wanted an opinion from someone with much more experience
It's well on the way to support now! Looking to enter long at support region.
  • #2,732
  • Mar 18, 2021 4:10am Mar 18, 2021 4:10am
Quoting I.Scorpion
{quote} It's well on the way to support now! Looking to enter long at support region.
So? Did you entered?
  • #2,733
  • Mar 24, 2021 3:03am Mar 24, 2021 3:03am
Hi all,

sorry wasn't online for some time. Yesterday I open some buys. We had a clear break on D1 trendline and I expect some serious pullback on E/A. I didn't open a long term positions, yet, just scalping for now. Will post all my new entries in a short time.
Multiple Position Trader
  • #2,734
  • Apr 26, 2021 8:32am Apr 26, 2021 8:32am
Anyone trades this pair? I entered a buy at 1.55, SL will be 1.54 and TP at 1.57. That will give us a comfortable 2:1 risk reward.
  • #2,735
  • Apr 28, 2021 4:42am Apr 28, 2021 4:42am
It looks like the price sets up a rising wedge, the price is about to break out. When price breaks out, the move could predict an interruption of an uptrend. EUR/AUD set to plunge towards 1.556 while lower than 1.558.
  • #2,736
  • May 14, 2021 12:21am May 14, 2021 12:21am
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Money moves the market, not an indicator.
  • #2,737
  • May 20, 2021 11:58pm May 20, 2021 11:58pm
Who's ITM on a Freaky Friday?

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It takes a lot for me to IGNORE you, but you can try.
  • #2,738
  • Jun 30, 2021 4:54am Jun 30, 2021 4:54am
eur / aud.
it is too early to comment on this pair because today’s d1 candle is not yet closed.
but based on today’s movement, so far I have to say that tomorrow will be a good short position for me.
  • #2,739
  • Sep 17, 2021 2:42pm Sep 17, 2021 2:42pm
Inserted Video
  • #2,740
  • Sep 27, 2021 10:49pm Sep 27, 2021 10:49pm
Right now the market is down from my entry from my analysis above.
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