Part of my Base 1 trade... In correlation with Audusd and Nzdusd
Here we have a good opportunity for a big trade min 250 max 750 pip move due to the mute IV
Out look for AUD for the remainder of the week
Right now I got a very itchy trigger finger want to take out my next position if price heads to that top blue zone will be taking another short position We have a IVR ( red and black line ) going rising above 50 ( Bearish ) and a few fundamental factors Mainly with the US dollar sell off it is making every other currency strong AUD VS the EUR because EUR is a...
at that 75%-80% at quarter zone 0.725 and .7 If you have been paying attention this is a pivotal zone.... Mixed with a low IV rank we are looking to either see it blast through our hold if it goes down it shouldn't go below that blue area
The amount of times price gets interesting action at the 20-25% zones using fibs is amazing
Over the past year we have seen ComDoll currencies have seen massive gain's over the last 6 months as we have seen the price of goods based on the US dollars go up as oil has been one of the only com's that have gone nowhere near flat. Recently, we have seen the Core Commodity Index stall out leading to smaller volatility in the face of a possible realization of a...
So looking on the 15 min chart we are looking for a min 100 point profit from this trade KISS we are only using supply and demand lines with min. profit target placed at recent lows will be taking half off the table at that point
Are we looking at a false break on the Euro USD according to the Indicator we are trading along the top 1% of price movement at the 3 standard deviation meaning we could be looking at a quarter high with that we are also above 1.100 which was a key level to start looking for move in price action we may see parity which would have this pair fall to 1.00 before the...
So lets do a lil some different theirs a million different types of traders, lets get some input Whats your play on this pair and why
Encircled is the red eclipse is an area we should really be on the look out for technically. It's sitting on our quarterly 2 standard deviation line, this means 2 things either we can go in to a mean reversion play. If this is the prevailing outcome the mean of the pair sits at around 1.405, Now the 2nd out come, As prices fall in to a 2 standard deviation the...