Living the currency lifestyle! ... so I need more sleep.
DislikedYep! Stopped me out for another loss...
Head and Shoulders on the Weekly so EUR/AUD should head up to 1.40 or so according to pattern. I was right with my initial bullish bias but got in a little early. Then I thought TL was broken only for price to shoot right back up before daily close which ended up closing out shorts for a loss.
Oh well, will sit this out for a little longer and will keep an eye on price action before jumping back in. EUR has been extremely bullish when looking at all majors as well as cross pairs....Ignored
The below are key figures that were determined from multiple layers of indicators at a price point. Bids are support, while offers are resistance:
1.3250 - (Offers) WR1, DR2, MR1
1.34 - (Offers) WR2, MM5
1.3530 - (Offers) Mr2, WM6
1.3060 - (Bids) WPV, MS1
1.2930 - (Bids) DS2, WS1, D9EMA
All of the below are measured in respect to the 1H9EMA:
DPV - Below
WPV - Above
MPV - Above
DislikedI think this pair can't go up so easily. It would be better to buy near 1.28/27.Ignored
Dislikedaus rba kept rates steady helps keep a lid on this pair for nowIgnored
DislikedDo You consider bad scenario? When is Your stop if you have any?Ignored
DislikedThank you SunnyBeach! I will start tracking all of my open positions in this thread for anybody to follow. Also, I'll be linking a demo account to my Trade Explorer which will mirror my live trades as best as possible.Ignored