Aussiedollar
AUDUSD - BULLISH CONTINUATION TRADE SETUP (SECOND ENTRY)I'm revisiting the AUDUSD bullish trend continuation trade setup. After the first setup I posted earlier shy few pips from our 1:4.1 TP zone, we had a slight pullback to the broken daily swing level. Since the price has made a decent retracement to our confluence level and gives us an excellent Counter Trend Line placement, we have the potential to see a further leg up after the proper break of our CTL.
Find the link to the previous analysis below.
Thanks for reading.
AUDUSD Long ideaWeekly T.F: Rompimiento de linea de tendencia semanal la cual predominaba para entradas en corto y confirmo salida para posibildad de ruptura de tendencia y nueva tendencia alcista + 78,6% de fibonacci el cual nos confirma retroceso alcista lento.
Daily T.F: Doble piso + emas alcistas con ema de 21 restando en zona de soporte 0.715 + 61,8% de fibonacci correlacionado y extension fibo en -61,8% cercano a monthly res 0.755
Orden:
Buy order in 0.71575
Sl: 0.70874
Tp: 0.7439
R.R: 1:4
AUDUSD short for next weekBat Pattern performed, price had been over acted though.
because of Fibo level, taking short here is quite hesitating.
2 options are possible for next week
1. wait for re-bound
2. wait for confirmation (price goes under previous candle's low)
1 has better RR ratio but larger stop loss
2 has smaller stop loss but smaller RR ratio.
TREND CONTINUATIONWe a significant break of the bearish trendline, and subsequent high momentum bearish leg, we are interested to go long here, however we must wait for bulls to run out of gas and give us a better price in a form of a bullish flag or ideally a bullback to the previous market structure.. We will engage into this pair only if we have a confirmation.
AUD/USD trend break-out (Massive Pip Potential)On this chart we can see a strong breakout of the trend line that has been in place since late January 2018 - moving the market sentiment into bullish territory. We can also see a re-test of this trend line on the 4 hour chart - this confirms the possibility for a long position.
The Australian Dollar has been boosted into a bullish bias as a result of hopes that China would be boosting its fiscal stimulus and rumours of a China-US trade deal - although these rumours were denied by a senior advisor close to Trump.
Losses can exceed initial deposits when trading market instruments. You can manage your losses by using smart risk management. Identify what your entry, Take Profit and Stop Loss levels will be before you enter a trade. Stick to your trading plan, no matter the market conditions.
If you stick by a smart trading plan you can substantially reduce your exposure to losses.
AUDNZD - SWING SETUP - 01. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!!
FREE VIP SWING SETUP
4 HOUR
Bearish reaction to 1.08750 and pullback toward previous H4 Support level.
DAILY
Bullish reaction after taking out 1.07580, Small H4 Pullback with good long entrys now!
WEEKLY
We need to take out 1.09250 and take out sellers before heading down!
LEVELS
BUY AUDNZD @ 1.08310
SL @ 1.07950 (35 Pips)
TP @ 1.09240 (90 Pips)
RR: 2.60
Be patient about our Swing Setups!
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AUDJPY BUYHi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the C wave and watch strong price action at the bottom of the pattern for buy. AUD is very strong so maybe this can be a good trade for this week.
Don’t take a trade if you don’t see clearly when big guys are in.
AUDUSD BUYHi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern. Currently price is forming the C wave. Wait for the price to hit the bottom of the patern and watch strong price action for buy.
Don’t take a trade if you don’t see clearly when big guys are in.
GBPAUD BUYHi there. On 1h time frame price is forming a continuation pattern to the upside, but at the bigger time frame price is still so strong to the downside. So, for short term there is a possible up move and for medium – longer term wait for the price to hit the top of the pattern, to complete the C wave and watch strong price action for sell. AUD is still very strong, so you have to consider that.
Don’t take a trade if you don’t see clearly when big guys are in.
Aussie dollar off to the moon Aussie dollar recently broke out of a 2 month long consolidation period and its just warming up on larger scale.
I will be looking to long any retrace back to the blue lines marked which are key Daily S/R levels and short term target would be the red line.
This should be a quick trade as Aussie dollar is not wasting time showing everyone whose the boss!!
Aussie dollar off to the moonAussie dollar recently broke out of a 2 month long consolidation period and its just warming up on larger scale.
I will be looking to long any retrace back to the blue lines marked which are key Daily S/R levels and short term target would be the red line.
This should be a quick trade as Aussie dollar is not wasting time showing everyone whose the boss!!
Original idea by Pheneck
Aussie Still Strong Versus US DollarAs you see on the chart above, there are Demand Zone strong on AUD USD....
OP1 AUD USD: Buy level 0.70800
SL1: 0.70450 – 35 pips – 350 points.
TP1: 0.71500 – 70 pips – 700 points.
OP2 AUD USD: Sell level 0.70200
SL2: 0.70550 – 35 pips – 350 points.
TP2: 0.69500 – 70 pips – 700 points.