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Audusdshort

AUDUSD - Long from bullish orderblock ✅Hello traders! ‼️ This is my analysis of NZDCAD . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fiil the imbalance lower and then to reject from bullish orderblock + institutional mid figure 0.67500. ‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
2
AUDUSD - Daily Trade Idea - 13-Dec-22AUDUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
1
Selling AUDUSD into recent highs.AUDUSD - Intraday - We look to Sell at 0.6839 (stop at 0.6879) We are trading at overbought extremes. A lower correction is expected. Previous resistance located at 0.6850. Weekly pivot is at 0.6840. We look to sell rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 0.6739 and 0.6719 Resistance: 0.6910 / 0.7135 / 0.7400 Support: 0.6770 / 0.6655 / 0.6540 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
3 Steps to find your Value per Pip with Forex - 4 decimalsDo you know how much money you’ll risk every time you take a Forex trade? To be an astute Forex trader, you’ll not only need to know your trading levels such as your entry, stop loss and take profit price, but you’ll also need to how much money to deposit into your trade to risk a certain portion of your portfolio. We’ll go through a three step checklist, you’ll need to find your ‘value per pip’ which is also known as your ‘rands risked per pip’. The ‘value per pip’ explained The ‘value per pip’ is the amount of money in your portfolio that you’re willing to risk or gain for every one pip that moves in or against your favour. If you choose a ‘value per pip’ of R5 and the market moves 20 pips away from your entry price, this means you’ll incur a R100 loss (R5 risk per pip X 20 pips movement). Similarly, if the market moves in your favour of 20 pips, then you’ll be up with a gain of R100. However, we all have different portfolio values and so the ‘value per pip’ will be different for each of us. That’s why you’ll need a checklist to follow in order to find your ‘value per pip’. 3 Steps to find your ‘Value Per Pip’ Here are the specifics for the trade Portfolio value: R50,000 2% Max risk per Forex trade: R1,000 Trade type: Buy (go long) Currency pair: AUD/USD Entry price: 0.7010 Stop loss price: 0.6970 Next, you’ll need to follow three steps: Step 1: Calculate the portfolio risk per trade Before each trade you take, you’ll need to know exactly how much money you’re prepared to risk. If you’re a risk averse trader, like me, you’ll risk 2% per trade. If you’re an aggressive trader, maybe you’ll risk 5% of your portfolio per trade. For this example, let’s stick to 2% risk. You’ll then multiply your current portfolio amount by the risk percentage you’re willing to lose in the trade. Here’s the calculation. Risk per trade = (Portfolio size X Max percentage risk per trade) = (R50,000 X 2%) = R1,000 R1,000 is all you are prepared to risk per trade, when your portfolio value is R50,000. Step 2: Calculate pips risked in trade The next step is to calculate how many pips you’re prepared to lose between the entry price and your stop loss price. As each pip movement is four decimal places on each currency, you’ll multiply the difference between the entry and your stop loss price by 10,000. Here’s the calculation: Trade risk in pips = (Entry – Stop loss) X 10,000 = (0.7010 – 0.6970) X 10,000 = 40 pips This means, you are prepared for the market to move 40 pips away from your entry before you’ll be taken out of your trade for a loss. Step 3: Find your ‘value per pip’ You now have all of the variables you’ll need, to calculate the ‘value per pip’ with your Forex trade. Here’s the calculation. ‘Value per pip’ = (Portfolio risked per trade ÷ Pips risked in trade) = (R1,000 ÷ 40 pips) = R25 This means, on your trading platform you’ll type in, R25 for where it says ‘Rands risked per pip’, ‘Pip value’ or ‘Volume’, place your entry price at 0.7010 and your stop loss price at 0.6970 in order to risk R1,000 of your portfolio. You have the three step checklist to find your ‘value per pip’ for every Forex currency that has decimals 4 points to the right. Trade well, live free. Follow for more daily Trading Tips and lessons I've gained over the last 20+ years. Timon MATI Trader
Education
by Timonrosso
1
AUDUSD - Daily Trade Idea - 7-Dec-22AUDUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
AUDUSD - Daily Trade Idea - 6-Dec-22AUDUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
Is 0.68445 the New Resistance?What an eventful week we've just had. The AUDUSD pair did the three things we were expecting (anticipating) in the previous ideas. 1. Price closed above the 0.67700 level, finally. 2. Price tapped into that 0.68000 level and barely closed above it. 3. Price dropped massively on the second daily tap on that 0.68000 level and that can be seen on the hourly time-frame. We can thank the USD Non-Farm Employment Change and Unemployment Rate news release for that. Now, with these three points, what can we expect this coming week? Well, as the title of the idea entails - is 0.68445 the new resistance? I mean that being the case would be a great start. We already have enough evidence (confluences) that clearly show that price wants to drop lower. However, we need to get a resistance (supply level) for that to happen. By that I mean we want to see price continuing below the 0.68445 level; And when that happens, we will look for more setups to go short on the hourly time-frame. We still have to wait for the market to tell us when it wants to go and so, for now, we will just enjoy the weekend. Until next time, let me hear your thoughts and views below.
by MSQUAREDN