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Aussiedollarlong

AW Aussie Dollar Analysis - We Finally Have Confirmation...Now that we have a potential Wave 3 in progress, it is a good time to talk about the bigger picture including targets. Using AriasWave (Not Elliott Wave), I have an understanding of what comes next. The thing I always tell myself is; If you don't know when to get out of a trade, don't get in. Targets are very important and can only be confidently achieved if you understand how each wave operates. One question you may ask is: What if this Wave E subdivides into a Weak 5-Wave Move? The US Dollar indicates that once this move completes then it will be in a strong uptrend. This at least gives me a clue about nature of the kind of price action we will see. In saying that we will be tracking this very closely and looking for any potential signs of weakness along the way. Nothing is guaranteed but if you play your cards right, you can still pull a profit out of that situation if it happens. We are dealing with probabilities, not certainties. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
1
AW Aussie Dollar Analysis - Weekly Long Trade Wrap Up...A good question posted by a viewer leads the topic of conversation in this first weekly long trade wrap up video. I think moving forward things should become clearer. There is an old saying that finding the start of Wave 3 is the hardest thing to do. Of course, I do not believe that myself since creating AriasWave but I do think a lot of people still think it is true. I assert that it is not the start of Wave 3 that is difficult to find, rather it's any real understanding of the waves per se. If you back test every wave that has ever occurred, you will see AriasWave encoded in its DNA. Except you need to be bothered in the first place and most people are lazy and want to get rich quick. I was once guilty of this too and I decided to find out how Wave 3's begin and all surrounding waves every time. Once you see that these patterns exist everywhere all the time your whole view of markets change. You start to realize that it's not BS fluffed up fundamental data that drives the market. Instead, you begin to realize that its raw unadulterated herd psychology that is living and breathing in every wave and cannot be manipulated at its core. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
4
AW Aussie Dollar Analysis - Impulsive Price Action Has Begun...Price action is really starting to prove itself now on the back of my recent US Dollar analysis. I believe that the Aussie dollar will advance at a very significant pace during this move compared to other currencies. The plan for this trade will be purely for Wave 3 price action. The target will be the 2.618 extension of Wave 1 which is around 1.15. It's definitely a big trade and one that takes confidence to see out to the end. A good solid understanding of the waves is the reason I believe this Wave E can make it that far with only Wave 3 completed. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
1
AW Aussie Dollar Analysis - This Next Move is Important...One may assume that these patterns unfolding are just a bunch of zig-zags on the chart and nothing more. According to AriasWave these are not zig-zags and in this video I explain why. Zig-zag patterns from in a particular way which is not what is happening here. What we have been seeing here is corrections expanding making them look like zig-zags. This is the key to the understanding the whole setup. I do however see volatility increasing which indicates strength ahead once we break through the important levels. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
AW Aussie Dollar Analysis - Watch Out for These Levels...As the Aussie dollar continues to prove itself within the patterns, we should now anticipate a third-of-a-third wave. All of the 1-2 subdivisions appear to be in place for us to see the expected move higher. We just need to see a couple of levels surpassed before we have full confirmation. Through this time, we also need to see price move up in a very strong impulsive manner. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
3
AW Aussie Dollar Analysis - Quick Breakdown of This Trade...This video is a recap of the long trade setup that I alluded to a few days ago. So far price action at the small degree points to higher prices over the coming week and beyond. I will begin to focus on potential targets as we get confirmation with a strong break of .69 cents. My stop at this point remains at .66283 until we get that confirmation and then it can be moved to .67104. I like to highlight the level of detail you can drill down to at the smaller degree in order to build confidence in the trade. I also point out potential issues with the identification of the wave structure in order to add credence. See the previous related videos linked down below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
3