Multiple different confirmations for the Long lets roll it!This chart may look like its filled with alot of things but just look carefully. This is a strategy with different components from others added to make my own that once proven will apply for weekly holds to take out the emotional up and down. On my notes I have position to enter at market open and three other positions to enter at different spots shortly after, after more confirmations on the hourly chart.
Looking to make 1000 plus dollars on this move that will play out over the week with a $400 account risking initially around $250. but after all positions are set will have the entire account at risk if goes south. Looking to flip this account basically . Back tested this pair and strategy with this pair 15 times and scored the win 12 times 80%.
comment your ideas if see same things or different.
Forex_signals
AUD/USD LONG TRADEHI
NEWS:
-AUD/USD appears to be stuck in narrow range following the Reserve Bank of Australia (RBA) Minutes, but the exchange rate may exhibit a more bearish behavior over the coming days as the Relative Strength Index (RSI) snaps the upward trend carried over from the previous month
personal opinion:
-Depending on the demand, we expect another rise in the short term. However, if the rise can continue if the oil is accompanied by a decline, please deal with the stop loss and be careful.
Please follow my support and like my posts.
see you later
GOOD LUCK
AUD/USD TRADE HI
-The Australian Dollar turned lower after testing trend resistance guiding the currency downward against its US counterpart since the start of the year, as expected. Prices have now broken rising counter-trend support set from the March swing low. That suggests that the dominant bearish bias is set to be reasserted after a corrective recovery has run its course.
-Trader sentiment studies warning sellers to proceed with caution
-Price targets are specified in the chart
Follow me for support and like the posts.
see you later
GOOD LUCKY
MID-WEEK REVIEW USDCAD- TIME FOR ENTRY?!its March 24th, we haven't seen much of a bullish continuation yet this week but now is the time!
Seeing a reverse head and shoulders completion after today's close.
State of the Economy is relying on the USA
USD wins during times like these :-)
cheers!
Happy Trading !
The Trading Regime.