AUDNZD D1 Trade | Forex Factory

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AUDNZD D1 Trade

  • #1
  • First Post: Aug 3, 2023 6:06pm Aug 3, 2023 6:06pm
Hi Traders !
this mornings trade is...
AUDNZD SELL Trade @ 1.07786 SL= 1.08037 TP=1.07220

Have An Awesome Day..
Bob
  • #2
  • Aug 3, 2023 6:43pm Aug 3, 2023 6:43pm
Quoting bobhowson
Hi Traders ! this mornings trade is... AUDNZD SELL
//-----

hey bob..... any reason in particular.....h
to trade and code, keep both simple... no call to impress....h
  • #3
  • Aug 6, 2023 3:43am Aug 6, 2023 3:43am
Quoting hayseed
{quote} //----- hey bob..... any reason in particular.....h
The pair is trending below the 20 50 200 EMA, but in the end I got stopped out..
Also the news was putting me off so I stayed away from the main pairs.

Tomorrow morning I hoping the AUDUSD will continue trending down. I've already locked in some pip from the AUD.
Cheers Bob
  • #4
  • Aug 6, 2023 4:22am Aug 6, 2023 4:22am
Looking for a long entry to an obvious target.


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  • #5
  • Aug 6, 2023 9:04am Aug 6, 2023 9:04am
Quoting bobhowson
The pair is trending below the 20 50 200 EMA, Cheers Bob
//-----

thanks bob..... not wanting to interfere with your trade, so did not mention it then but noticed a bullish gartley pattern on the 240......

using your 3 ma's as a guide, have you ever noticed if combining them macd style, when they cross the 0 line it is a pretty good signal......

the standard macd view is difficult visually, so i transferred it to the price bars which is often better......

both the 240 and daily had existing sell signals using the 20, 50 and 200..... which fully agrees with your trade.....

obviously, the closer the entry is to the 0 cross, color change, the better...... which suggests the opposite also......

lower tf signals under the cover of higher tf signals are quite often worth 1 atr minimum.....

or more.....h
//-----

20, 50 and 200..... 240 and daily
//-----

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//----
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to trade and code, keep both simple... no call to impress....h
  • #6
  • Aug 7, 2023 5:33pm Aug 7, 2023 5:33pm
Quoting hayseed
{quote} //----- lower tf signals under the cover of higher tf signals are quite often worth 1 atr minimum..... or more.....h
When you say this and that a signal gets 1ATR… is that the ATR of whatever timeframe the signal comes from, or the higher timeframe?

so say you take a short signal in a 30 bband break under an ongoing short bband signal on the 240.

is that signal likely to give 1 30min ATR, or 1 240min ATR?

just trying to understand what you’re saying!
  • #7
  • Aug 7, 2023 6:08pm Aug 7, 2023 6:08pm
Quoting tradeChaser
{quote} When you say this and that a signal gets 1ATR… is that the ATR of whatever timeframe the signal comes from, or the higher timeframe? so say you take a short signal in a 30 bband break under an ongoing short bband signal on the 240. is that signal likely to give 1 30min ATR, or 1 240min ATR? just trying to understand what you’re saying!
//-----

yes, a 30 minute signal under the protection of the 240 and daily quite often is worth 1 thirty minute atr minimum ...... which is of course not much in terms of pips.....

that's one reason for selling the trailing 1 minute highs after the signal..... even a pip or two can increase the thirty minute signals return considerably.....

use descriptive comments so you can sort the orders.....

cream rises to the top......h
to trade and code, keep both simple... no call to impress....h
  • #8
  • Aug 7, 2023 7:00pm Aug 7, 2023 7:00pm
That is what I thought, thanks for the confirm!

Another question for you, but put on your search for minimum wage to not hijack this further!
  • #9
  • Aug 26, 2024 3:05am Aug 26, 2024 3:05am
Quoting bobhowson
Hi Traders ! this mornings trade is... AUDNZD SELL Trade @ 1.07786 SL= 1.08037 TP=1.07220 Have An Awesome Day.. Bob

Seeking a strategic entry point for a prolonged trade aimed at a clearly defined target.
  • #10
  • Sep 7, 2024 4:57pm Sep 7, 2024 4:57pm
On Friday, it closed without a wick on the support without any reaction. It did not reach below the support and take the liquidity. If it closes below the support on Monday and gives confirmation, I can make a short sale with a profit target of 70 pips for the 1.0725 target. If it becomes undecided at 1.0750, I will close.

If it does not continue down and turns up, I will wait for a long candle for a bullish view, if it turns up with short and weak candles, I will assume that there may be a stop and liquidity cleaning and wait for a selling opportunity at higher prices.
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  • #11
  • Last Post: Jan 4, 2025 12:21am Jan 4, 2025 12:21am
Quoting bobhowson
Hi Traders ! this mornings trade is... AUDNZD SELL Trade @ 1.07786 SL= 1.08037 TP=1.07220 Have An Awesome Day.. Bob
Looking for a well-timed entry point for a long-term trade, with a clear and specific target in mind. This approach focuses on identifying strategic opportunities that align with a defined goal, ensuring a more calculated and purposeful investment over time.
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