6A1! trade ideas
6A1! in case ↘↘Depending on a lot of sign 6A1! going to be With a huge endurance decreased and it's the perfect time to sell.
6A1! in case ↘↘
Depending on a lot of sign 6A1! going to be With a huge endurance decreased and it's the perfect time to sell
Aussie Way Overdue for CorrectionWe're taking a shot on the short side of Aussie Dollar futures - for $AUDUSD to be this stretched is ridiculous and the RBA cannot be happy right now.
Rising wedge Australian dollar /United stase dollar future contract is trading in a Big Rising Wedge, I thinkit will be broken and price might fall.
We can clearly see a divergence between ON BALANCE VOLUME and PRICE.
Fundamentally AUD is going upthese days due to Optimism about a Covid-vaccine and a V -shape recovery in international indices. However there are still high risks related to USA-CHINA trade war and potential impacts on Australian economy (AU and China are commercial partners and if China exports will be damaged Australian economy will be influenced)
Open a short trade with target 0.63
6A analysisHi friends
market graph 6A shows that there is a very high probability that it will experience a downtrend up to the level of 0.6433
in the next few days
for more information please contact me on
youssef.lyazidi5@gmail.com
6A testing Support/Resistance + Trendline, 4Hr TF AnalysisMarket Structure:
- The strong trendline is broken, showing the uptrend is over, but doesn't means trend will reverse.
- In 4Hr timeframe, we can see after the trendline is broken, price retest R1 again but failed to move higher/breakout.
- It looks like moving in range between R1 and S1 in 4Hr TimeFrame, with Lower Highs (No lower Lows) forming a trendline within the range.
- Right now it is testing previous key Support/Resistance and inner trendline inside a range.
Strategy:
- I will keep this in my watchlist and monitor further
- If it break below S1, I will anticipate to go Short.
- If it break above inner trendline, I will waiting to Short near R1
Roller Coaster Update from tonights webinarI was explaining tonight why I wouldn't take a Roller Coaster short signal on our W5T Roller Coaster Smart List subscription that scans 21-22 symbols on 7 different timeframes for breakout trades. This is a follow up to that webinar showing it did drop to the channel and a little below as I thought it would. It needed to touch the bottom channel line first that is based on a 240 time frame on a 5 min chart.
Land down under in position to pop up higherThe daily chart is bullish and one hour chart is showing after pull back it could be ready for a pop up as a intra day trading I enter on one minute chart and Australian dollar just gain strenth over dollar so looking to long
AUS Futures 6AMO Short , potential Win rate 2,38 AUS FUTURES (6AM0)
Short potential Win RAte : 2,38
because net positions -33,455
according to Cftc Cot Legacy report 5/5/20
AUD. Long ; 23,541 Short ; 56,996
Net Positions ; -33,455
AUSTRALIAN Currency Supply And Demand AnalysisWith prices inside higher timeframe supply (weekly Supply) and we see price on the daily timeframe broke upward ML showing evidence of sellers coming in. Looking for shorts with price inside weekly/daily supply.
Revised E-Micro AUDUSDMy last e-micro audusd idea got invalidated. So, here's my next idea on it. Short, sl above, targeting lower.
6A1the market has broken the level 0.78 fibo so there will be a probability of going for level 1 fibo.
if you liked this idea or have your opinion on it, write in the comments.
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
M6A Looking for a ShortLooking on the short side given global economic conditions and Australia's first recession in a few decades.
AUSTRALIAN DOLLAR FUTURES (6A1!) Monthly, WeeklyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly and weekly arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
E-Micro AUD/USD Futures LevelsHere are the levels I have for this future:
A. Light Blue: Weekly Levels (W)
B. Green: Daily Levels (D)
C. Purple: Monthly Levels and above (MO)
D. Orange: 3 day levels. (3D).
E. Red: (12 hour levels and below.)
