Aussiedollar
AUDUSD - SUPPLY & DEMAND ZONE ANALYSISHi traders.
Whenever you are looking at a technical level, always ask yourself the following:
- Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones)
- Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit)
- What are the underlying fundamental/sentiment drivers that should push price in my favour? (interest rates, business cycle, risk on/risk off)
If all 3 are in your favour, take the trade, manage your risk and go for more than you've risked.
Always remember this trade is only 1 trade in the next thousand you're going to take.
Process over outcome!
AUD USD BUY (AUSTRALIAN DOLLAR – US DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
AUD/USD LONG (time to short the dollar)Okay guys - my previous AUD/USD idea was only a short-term (short) scalp of the market.
My technical analysis consists of a combination between descending trend-line (which has been re-tested at the 0.716 level of support/resistance).
Now I will be looking for a re-entry on my long position to ride this potential up-trend continuation - after seeing weakness in the US stock market and the dollar index. However, I will be using a narrow Stop Loss.
Disclaimer - Losses can exceed initial deposits when trading market instruments. You can manage your losses by using smart risk management. Identify what your entry, Take Profit and Stop Loss levels will be before you enter a trade. Stick to your trading plan, no matter the market conditions.
AUDUSD Long SetupSeems like AUDUSD is going to Bounce from trendline with double bottom setup.
If you find this setup useful then like and comment :)
The US Midterm elections to drive the "Aussie"Trade Set up - In theory, tactically shorting the ‘Aussie’ around 0.7100, targeting the psychological level of 0.7000 level would make sense for technical trades, given the entry would be aligned to a strong underlying trend. That said, the big picture and set-up on the daily makes us cautious to take that trade, in fact, we would look to initiate a long entry if we see a daily close above 0.7160 level.
Why we like it - The ‘Aussie’ has been trading a bearish trend on a technical basis since the beginning of the year and this trend appears to be very mature. We can see bullish divergence between price and (slow) stochastic momentum, suggesting a potential reversal could be in play. A close through 0.7160 would go someway to confirming this.
The US Midterm elections next week could cause volatility in the market, and we see the risk to the USD skewed to the downside, which would support AUDUSD on its way higher. The Democrats appear to be ahead of Republicans to control the House and while this is likely in the price we could see FX speculators fad US exposures into this event risk. Large players might start closing profitable short AUDUSD positions ahead of the risk event, and this short covering fuels our bullish case for AUDUSD.
For this trade to play out we need to see a daily candle close above 0.71600 level where buyers might step it, and our potentially bullish stance heightened on a close through the 55-day moving average. Traders should approach this trade tactically and way for the market to provide an opportunity for a long entry above 0.71600. Given the CPI data due on Wednesday traders should consider keeping their positions to a minimum.
We have also explained the US Midterm election in this video
Disclaimer
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation
AUDUSD - BULLISH CONTINUATION TRADE SETUP (SECOND ENTRY)I'm revisiting the AUDUSD bullish trend continuation trade setup. After the first setup I posted earlier shy few pips from our 1:4.1 TP zone, we had a slight pullback to the broken daily swing level. Since the price has made a decent retracement to our confluence level and gives us an excellent Counter Trend Line placement, we have the potential to see a further leg up after the proper break of our CTL.
Find the link to the previous analysis below.
Thanks for reading.
AUD/USD short for 200+pipsHey guys, this pairing has re-traced to a strong support line - keep an eye on this level to spot a potential short opportunity.
However, you should make good use of a tight Stop Loss as the DXY looks as if it could fall.
Short the pullback on Aussie dollarThis pattern looks like a classic quasimodo pattern, which is indicative of institutions flipping their positions to shorts...
Expecting a pullback to the blue line and eventually it should dump as US dollar index looks to rally hard
AUDUSD Long ideaWeekly T.F: Rompimiento de linea de tendencia semanal la cual predominaba para entradas en corto y confirmo salida para posibildad de ruptura de tendencia y nueva tendencia alcista + 78,6% de fibonacci el cual nos confirma retroceso alcista lento.
Daily T.F: Doble piso + emas alcistas con ema de 21 restando en zona de soporte 0.715 + 61,8% de fibonacci correlacionado y extension fibo en -61,8% cercano a monthly res 0.755
Orden:
Buy order in 0.71575
Sl: 0.70874
Tp: 0.7439
R.R: 1:4
AUDUSD short for next weekBat Pattern performed, price had been over acted though.
because of Fibo level, taking short here is quite hesitating.
2 options are possible for next week
1. wait for re-bound
2. wait for confirmation (price goes under previous candle's low)
1 has better RR ratio but larger stop loss
2 has smaller stop loss but smaller RR ratio.
AUD USD BUY (AUSTRALIAN DOLLAR – DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy. Next week probably dollar will fall and AUD gonna get strength. Perfect pair to trade.
EUR AUD SELL (EURO – AUSTRALIAN DOLLAR)Hi there. Wait for the price to complete the continuation pattern that it’s forming and watch strong price action for sell. AUD is driving this pair, so the more AUD go up this pair gonna fall.
GBP AUD SELL (POUND STERLING – AUSTRALIAN DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell. AUD is driving this pair, so the more AUD go up this pair gonna fall.
TREND CONTINUATIONWe a significant break of the bearish trendline, and subsequent high momentum bearish leg, we are interested to go long here, however we must wait for bulls to run out of gas and give us a better price in a form of a bullish flag or ideally a bullback to the previous market structure.. We will engage into this pair only if we have a confirmation.
AUD/USD trend break-out (Massive Pip Potential)On this chart we can see a strong breakout of the trend line that has been in place since late January 2018 - moving the market sentiment into bullish territory. We can also see a re-test of this trend line on the 4 hour chart - this confirms the possibility for a long position.
The Australian Dollar has been boosted into a bullish bias as a result of hopes that China would be boosting its fiscal stimulus and rumours of a China-US trade deal - although these rumours were denied by a senior advisor close to Trump.
Losses can exceed initial deposits when trading market instruments. You can manage your losses by using smart risk management. Identify what your entry, Take Profit and Stop Loss levels will be before you enter a trade. Stick to your trading plan, no matter the market conditions.
If you stick by a smart trading plan you can substantially reduce your exposure to losses.
AUDNZD - SWING SETUP - 01. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!!
FREE VIP SWING SETUP
4 HOUR
Bearish reaction to 1.08750 and pullback toward previous H4 Support level.
DAILY
Bullish reaction after taking out 1.07580, Small H4 Pullback with good long entrys now!
WEEKLY
We need to take out 1.09250 and take out sellers before heading down!
LEVELS
BUY AUDNZD @ 1.08310
SL @ 1.07950 (35 Pips)
TP @ 1.09240 (90 Pips)
RR: 2.60
Be patient about our Swing Setups!
Enjoy our limited Content and Setups,
leave us a like and Comment!!
AUDNZD SELLHi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the C wave and watch strong price action at the top of the pattern for sell.
Don’t take a trade if you don’t see clearly when big guys are in.
AUDJPY BUYHi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the C wave and watch strong price action at the bottom of the pattern for buy. AUD is very strong so maybe this can be a good trade for this week.
Don’t take a trade if you don’t see clearly when big guys are in.
AUDUSD BUYHi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern. Currently price is forming the C wave. Wait for the price to hit the bottom of the patern and watch strong price action for buy.
Don’t take a trade if you don’t see clearly when big guys are in.
AUDUSD long huntWe may be approaching trend change in Aussie currency. This may also indicate strengthening of GOLD.
I'll wait for a good entry , this is just as a reminder.
