Long

AUDNZD Round Two.... FIGHT!

Updated

Its that time, AUDNZD took a long kiss good night over the weekend and woke up to prince charming this sunday. If you see the price action on the 4 hour in riding in between the interest of all the timeframes. This is something new I have seen but Its mostly on forex.... It seems that who ever is the main mover of the market likes to use all the timeframes to buy and sell shares at. pretty interesting and actually kind of smart. Its different from traditional markets so its pretty intriguing to me. Use the interest of the buyers and sellers to dump your shares and resupply which would make the move a lot faster as your are using each area of interests to move you to the destination.

Anyways. Should be a decent move to the upside...not saying it can't run down a few more times.... I added a path from a previous move which it should align with.
by iCantw84it
09.03.23

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here is the Swing Traders Pro look at it with supply demand and momentum, Thanks to @MR.NodeitAll this guy knows his wedges like none other. Also this is an hour look at this to see some more recent oppurtunities. I am in here at 1.0595 which is right where it looks like its having a hard time getting through I will play this tight as if it drops its going to drop a decent amount to shake out some shares and get cheaper shares.... its rejected at this area for a while. Since Mid June this year.... this massive reaccumulation if there isn't any buying coming in at these levels after this move it will have to dump. there isnt much else it can do.
by iCantw84it
09.03.23

Prop trading demo right now 2nd day with $3200 Looking to trade this casually on my time off over the next month. I will post my trades and where i am at.

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Pls as always like and boost if you would like to see me keep this thread going or link it to my next trade if its different so you can get the notifications.

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Entering another trade now. Same area as first I already took profit on that move to the upside one for about $120 next two $50*2

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Pop! This trend says there is a pop here. I used the esvo lines ot match this move up to another move int he past with the same reaction in the lines... then cross ref the candles to find the move.

Also the fact that the priceaction has now passed the ESVO lines it is the condition that launches this move up... the pull back is needed to test support after passing the lines. The lines are the representations of all the different time frames buyers and sellers interest are focused.

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iCantw84it

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AUDNZD Just made its turn off the bottom.

by iCantw84it

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