Thread: AUD/USD

The starting price is under pivot 0.7777 signaling downtrend.
Support Level: 0.7741, 0.7718, 0.7682.
Resistance Level: 0.7800, 0.7836, 0.7859.
The MACD histogram is under the zero degree.
Parabolic SAR indior (measure 0.02, max 0.2) indies the price is heading down.

Trading recommendations: Sell.
TP: On the support level: 0.7741, 0.7718, 0.7682.
SL: One degree above the entry point.

Open buy place at 0.77540 tp open
Sl 0.77300. Hopefully it will hold at service area
Insert another buy limit at daily aid region 0.7746

Hey, I'm seeing what could become a major brief on the charts. My very own signals. It could possibly give a fake increase and collapse. Never understand. Stay sharp.

Green to all.

Trade safe.

Originally Posted by ;

Hey, I'm seeing what could become a major short on the charts. My very own signs. It might offer a increase and then collapse. Never understand. Stay sharp. Green all. Trade safe.

Just interested what you call major? eg 100 pips, 500?

Originally Posted by ;

Hey, I'm seeing what could turn into a major short on the charts. My own signals. It might possibly offer a increase and then fall. Never understand. Stay sharp. Green all. Trade safe.

Depends on what comes from 9:30 employment report (in about an hour), I anticipate big spike up
In any case, watch your stops

Originally Posted by ;

quote Just curious what you call major? eg 100 pips, 500?

I do not understand how many pips. By major, I mean a possible trend change. At times it will fast and short hard and bounce back up quickly. The market off, if it happen would be fast at 0.7780. Never understand.

For the time being, she looks to be bullish. I will wait until the dust settles after the news. I'm wanting to ride the trend. Just waiting for some confirmation.

Okay. I am in.

Nope. It regained the bad data is lost from by all and it's going up. Even this terrible data cannot bring this pair down.

My prior forecast stands. I remain bullish on AUD/USD. The first major goal is 0.825x

Good luck

Nope to what? It went right up and right down. I shorted at 0.7780 for a scalp. Afterward, it went back up, but it fits your egy and that is wonderful! I got to the bullish trend finally. woot

Originally Posted by ;

Open buy position at 0.77540 tp open Sl 0.77300. Hopefully this will hold at support place Add another buy limit at daily support region 0.7746 image

Closed trade 0.78095