Audusd might go for a ......sideway moves...looking at how things goes...play the range, then the breakout...
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Forex-aud
AUDUSD is consolidating currently,for scalp traders: oppurtunityAUDUSD currently unsure of where price is heading towards on the 4h chart . A good thing to note is the pair has finally broken out of a huge buy movement and started to consolidate as we see now. Not really showing signs of a sell or buy trend overall on the daily/weekly. When price breaks out of the structure, we'll look to trade in that direction
Nice level to watch on Audchf...Do take note this level. If AUD weakens then some reversal should be possible from here for AUDCHF
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
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Audusd is heading...Rate news is coming in a few hours time,
Aud if weaken should see if test and break the 0.7330 level...
Watching it...other pairs of aud worth noting to short i AUD weakens are AUDJPY and AUDSGD
#shadowingthebigboys
#trading
#forex
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
AUDJPY 4hour Analysis November 22nd, 2020AUDJPY Short idea
Weekly Trend: Bullish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Price action continues with this bearish channel and forms another bearish leg. Look to enter short after a strong reversal from the current resistance level at 76.000. Look to target lower toward key support at 75.000 & our -61% fib level.
Trade scenario 2: Price action breaks trend and goes bullish. Only look to enter long after we have confirmed a higher lower above 76.000 & above this channel. Target higher toward key resistance around 76.500.
AudNzd.....might be heading.....Audnzd rejecting a level and seems like it might reverse to go lower...Let's see ..
#shadowingthebigboys
#trading
#forex
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Tradingview Disclaimer
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EURAUD - SWING - 29. SEPT. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Bearish break and closure below main sr level.
4 HOUR
Overall bullish market about to turn bearish..
DAILY
Good short entries, market about to drop!
-
FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.64340
SL @ 1.65720
TP @ 1.62380
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
4% ACCOUNT GAIN banked on the BUY... SELL open +80 pips!BUY closed on AUDCAD banking 110 pips, achieving a 4% account gain. SELL still open, currently running +80 pips
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
AUDCAD also running well.. +130 pipsAUD stength from last week has pushed all our AUDXXX pairs into nice running profit. This one now running +130 pips
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
AUDCHF: Important Breakout
Confirmed violation of a major falling trend line on AUDCHF.
on 1H the price has also broken above the horizontal resistance of the ascending triangle.
now bullish continuation is highly probable.
goals:
0.656
0.657
do not enter aggressively, it is way better to catch this long on a retest.
AUDUSD Sell - Breakout AUD Fundy 930PM ESTDownwards channel formation. Watch Australia unemployment fundamentals shortly here. Expectation AUD weakness.
I am only in sells in AUDUSD. If it retraces up I will sell at 0.7230 (resistance)
Entry: Sell stop 10 pips below channel
TP @ 0.7090 area (bottom of channel)
Good luck trading! Please help like my free analysis ideas so it can benefit more people.
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
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