AUSTRALIAN DOLLAR FUTURES (MAR 2019), 1D, CMETrading Signal
Long Position (EP) : 0.7025
Stop Loss (SL) : 0.6991
Take Profit (TP) : 0.7093
Description
A6 formed Turtle Soup at 1d time frame. Trade setup with Buy Stop at 0.7025. Stop Loss at 0.6991. Take Profit at 0.7093
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.0001 = +-$10/std-contract
Commission fee = -$4.94/std-contract
EP to SL = $0 = -$340
Contract size to open = 8 standard contracts
EP to TP = $0.01 = +$680
Expected Result
Commission Fee = -$39.52
Loss = -$2,720
Gain = +$5,440
Risk/Reward Ratio = 1.97
6A1! trade ideas
Time GuesstimateWe are watching a bearish movement based on the drive of the time target. Next could be a probable uptrend.
AUD/USD Trading Opportunity (Long)Micro AUD/USD Long, Trendline break to the upside on the weekly chart, MACD crossing above the zero line, good risk to reward ratio.
Aussie Bullish Inverse Head and shoulder formationWe see an inverse head and shoulder formation. IMF estimates USD is overvalued by 8% to 16%. Trump wants a weaker dollar to be more competitive in trade. Aussie employment was very strong. we have aussie inflation data tonight. it might be the push higher if it comes in better than expected.
AUD Future SEP 2018 (1d)Trading Signal
Long Position (EP) : 0.7370
Stop Loss (SL) : 0.7349
Take Profit (TP) : 0.7457, 0.7530
Description
A6 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (0.7370) and place stop after 0.618 level (0.7349). Once the position was hit, place take profit before an agreement (0.7457) and 0.7530
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$0.0001 = +-$10 (Standard)
Commission fee = -$2.47/contract (Standard)
EP to SL = $0.0021 = -$210/contract (STD)
Contract size to open = 6 standard contracts
EP to TP#1 = $0.0087 = +$870 (STD)
EP to TP#2 = $0.0160 = +$1,600 (STD)
Expected Result
Commission Fee = -$29.64
Loss = -$1,260
Gain#1 = +$2,610
Gain#2 = +$4,800
Total Gain = +$7,410
Risk/Reward Ratio = 5.75
Loonie turning up on longer term chartsAs commodity brokers, we are no doubt always trying to ascertain what type of market we are currently in for Commodities; Bear, Sideways or Bull, in order to better assist our client base. One of the indicators we look at are a technical analysis of the often referred to "Commodity Currencies" the Aussie Dollar and the Canadian Dollar (the Loonie), A crossover of the more sensitive , shorter term moving average is about to occur from underneath the slower, longer term SMA, indicating a potential Bull market for the Commodity Sector.
Important: Trading commodity futures and options involves a substantial risk of loss.
The recommendations contained in this letter are of opinion only and do not guarantee any profits.
There is not an actual account trading these recommendations.
Past performances are not necessarily indicative of future results.
Aussie Price EqulibriumAfter one week bull still can't save Aussie from edge, will this week Aussie bull save it or let the Aussie done and turn SELL on Aussie ....
Can Bull save Aussie from Crashed ???The Aussie at Critical and edge level to survive, will Aussie survive ???
Long Term Outlook for Austrailian Dollar FuturesIts been very strong so far contrarian to what most analysts are expecting... so we will see. It will be very dependent on what US does with interest rates over the next year.
Australian dollar targetAustralian dollar target is 0.83. Strength in metals is supporting the aussie. Look for buying opportunities. Probability H.
