D-AUD
AUD/JPY - Multi-Time Frame AnalysisHello Everyone,
This is Jordan with Conquer Trading & Investing providing simply the very best education and analysis on the internet. Here is the full analysis and outlook for this pair. If you have any questions or insights you would like to share feel free to share them in the comments below.
I will continue to sell AUD/JPY all opportunities but with the Bank of Australia rate decision tonight I am taking profits and getting on the sidelines waiting for a safer entry.
potential for AUD/USD TO VIST 0.68200Overall we are in a bearish downward trend and we shall see keep dumping to around 0.67500 which is a complete retest of the daily structure. plus more confirmation indicates that there is an anticipation of high liquidity in that zone. we broke head and shoulder pattern in the H4 that why we see price falling and approximately it will move based on the size of the head . lets keep a watch on AUD/USD . Thank you
Primed Watchlist: expecting strong EUR & DAX and 4 other tradesHey good morning from Limassol! Gorgoeus day ahead of us and we wish you the same!
So our watchlist consists of a few pairs, 4 to be exact but we do have 3 active trades...
Below are are the necessary details
WATCHLIST 23.1.2020
Big ECB day... big EUR moves?!
EURCHF: At key support
Price action slowly but surely heading down to a key trading level.... this is what we saw with XAGUSD and usually indicates weakness of the momentum holder, in this case the bears.
What this shows is a chance of a really strong bull push!
CADJPY: Possible bull contraction
Im not too keen on taking this but its worth being in the watch list as thats what the watchlist is for... find POSSIBLE trades... watch them, prepare and if they are valid go!
Here we have RSI very low... a possible bull contraction at a key support level.
AUDJPY: Possible bullish continuation
We have a breakout of a medium-term down trend trendline and a test of it happening now... and easy target would be the 120% as it lines up with a key resistance.
Really nice day trade (24 hour life value)
DAX30: Looking ready for the bulls!
A contraction leading to a key level supported with a reversal candle and RSI pretty low
AUD/JPY - POSSIBLE NEW TRADE - Multi-Time Frame AnalysisHello Everyone,
What’s going on? This is Jordan with Conquer Trading & Investing providing simply the very best education and analysis on the internet. Here is the full analysis and outlook for this pair. If you have any questions or insights you would like to share feel free to share them in the comments below.
Forex basket Trade the NEWS : 10:34 06-Sep-19.LOG
Forex basket Trade the NEWS : 10:34 06-Sep-19
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
Forex basket Trade the NEWS : 10:21 06-Sep-19 CAD closing.LOG
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
09:57 04-Sep-19
Forex basket Trade the NEWS : 10:01 05-Sep-19.LOG
Forex basket Trade the NEWS : 10:01 05-Sep-19
For most new traders, the biggest challenge is getting a profitable strategy that works
for the long term. Usually, trend-following systems are favored because they tend to have
a very good risk-to-reward ratio. Trading the currency market is essentially a numbers
game, basically traders look for strategies or systems that have a positive overall
yield. The profit factor of any strategy is also very essential, because a profitable
strategy should make more money or pips, than it loses. After some extensive research,
I have discovered one of such systems. This strategy is built on one of the oldest
trading adages around; “cut your losses early and let your profits run”
and “the trend is your friend”.
Basket trading involves opening a series of correlated or uncorrelated trades, and after
an adequate amount of time, closing the trades when the overall sum of the trades
is positive i.e. when the net value of all open trades is positive or close to our
targeted profit-value.
It is not 100% guarantee.
The Trading setup
The truth behind the Forex market is that currencies trend. This means that currencies have a tendency to keep gaining or diminishing over a long period of time. There are a lot of concepts about trading cycles and swings, but in reality if we were to zoom out of our charts we would notice a very obvious and unmistakable trend direction. Basket trading involves gauging the potential strength or weakness of a pair, and placing several trades that align with that analysis.
Key Reports/Factors that Move FX Markets
Any world events /news
Financial crises and elections create financial uncertainty and, in turn, impact value
of a country’s currency
Central Bank monetary policy announcements Will affect size/growth rate of a
nation’s money supply and, in turn, interest rates; can include key interest rate
changes, buying/selling government bonds, reserve requirements changes
FOMC (Federal Open Markets Committee)
Meets 8 times a year to set U.S. monetary policy and key interest rate changes;
impacts value of U.S. dollar, world’s reserve currency
U.S. Dollar Index
Measures the value of U.S. dollar relative to a basket of currencies for the
U.S.’s most significant trading partners
09:57 04-Sep-19
AUDCAD BUY OPPORTUNITY, STILL WAITING FOR ORDER BLOCK Waiting to JUMP THE CREEK off of the order block. Smart Money sold to buy and I am waiting for them to breakeven on the sell to push market up. Spread was WAY too big when the market opened yesterday, so I would like to see price come back to 0.94650 again give or take a few pips. Then we will jump in with the buy and ride it to the previous highs.
AUDUSD - Bearish Pin Bar SetupThe AUDUSD has formed a bearish pin bar setup that is very similar to the NZDUSD. The big difference is the bigger price action picture. The AUDUSD is the weaker of the two, and may end up providing more downside if price breaks down in a major way, but I think both charts have attractive setups worth considering.
VIDEO ANALYSIS: AUDUSD TO FIND SUPPORTIn this video update, we take a look at AUDUSD as we may see price return back to structure highs to find support.
Price has recently broken out of the daily trendline resistance and the previous structure highs. If we see the pullback
to the highs, we should see this act as support. If we see bullish price action look for the long opportunity into the 0.7200 resistance.
VIDEO ANALYSIS: AUDUSD TO 0.7200In this video update, we take a look at AUDUSD as we could see potential upside into the key weekly resistance
of 0.7200. The 4hr chart is making higher highs and we could expect price to retrace back to the key highs and find
support. If price forms bullish price action we could look for long trades into the key resistance.
VIDEO ANALYSIS: AUDUSD TO 0.7200In this video update, we take a look at the AUDUSD as it found support back at the key demand zone 0.7050.
Seasonally the value of the Australian Dollar increases through March and April significantly against its counterparts
and with price finding support currently, we can expect prices to continue to push higher in the short-term.
The 4hr chart currently looks to be forming an inverse head and shoulders pattern and if price can break the neckline
to form a higher high, we could look for long opportunities back at the neckline support. Short-term targets
will be back up towards the key 0.7150 trendline resistance.