SGDAUD trade ideas
Aud/Sgd Short idea in the making!We made a new low and started new trend!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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#AUDSGD [4H] Short if RISK-OFF to Kick in!SAXO:AUDSGD Might play out very well to the downside if RISK-OFF to kick in again, the pair has made a huge correction and might retrace from this level before this quarter ends. Watch out for the monthly retest to recent highs first before getting in...
#AHMEDMESBAH
LA SMA 200 ACTUANDO COMO RESISTENCIAUna resistencia se define como una zona de precios a partir de la cual la cotización del activo tiende a no seguir subiendo y tiene una ventaja estadística de que rebote y baje. Es lo que la Media Movil de 200 sesiones a precio de cierre está haciendo en estos momentos en el Par de Forex AUD/SGD.
A nivel Fundamental, a medida que China se recupere, resultado de retomar su producción veremos un vuelta a la calma a las divisas de Economías colindantes. No obstante calma, lo óptimo es que el precio se encuentre sobrecomprado y tengamos un estancamiento de precio por ejemplo en forma de Doji activando Escape Bajista.
AUDSGD Long Trade - Limit Entry 0.915Stop Loss = 0.90483 / Take Profit = 0.9455 > Coupled with a 1% risk and 3% reward.
Once the trade reaches a 1:1 point move SL in front of the entry to protect the downside.
If it takes you out we can always re enter at another opportunity.
As the trade progresses i will comment every change to show you how i make to maximize profits.
Remember Risk/Reward is the key, we will take losses along the way but overall profit in the long run.
If you enjoy follow and like my ideas and if you have questions message me.
Keep Chasing that Paper!!!
Australian Dollar Pairs Could Start Turning South (AUD/SGD)The monthly candles are going to print in a few days and so I'm going through all of the FX pairs to see how the current candles will print in relation to the last monthly candles.
Color Coding
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.)
#AUDSGD [MNC] Watch out for the EXPLOSIVE upside move soon!OANDA:AUDSGD
#AUDSGD is reaching a very important level where it hasnt managed so far to break it Q1 2019. I believe this is the last retest as the price already had a broke-out on Quarterly chart in Q4 2019. So, we are now basically retesting the broken trendline and anticipating a rejection and a move to the upside later on.
Follow for more important opportunities!
AUD|SGD - Short OpportunityThere is an opportunity to short the AUD|SGD on entry into the 0.90020
- Short entries may be initiated around 0.90020
- Stop Losses should be wide and above the swing high of corrective 0.90260 (Red Horizontal)
- Target Point A : 0.90013 (Green Horizontal)
All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (Yellow)