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Aussiedollar

AUSSIE DOLLAR - LONG TRADE IDEA - AUDUSDIt appears that we have confirmation that Wave (B) has completed for this correction. I will be targeting at least double the length of the move since March 2020. Entry: At Market Stop: .71621 Target: .94 cents Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
5
Aussie Yields Exploding!· The prediction I made of Australian Yields needing rebalancing earlier in the year points to slightly above average AUD buying throughout 2021 finally came to fruition. · NZ and AU 10Y Yields bounced strongly first after the sweep of lows. The analysis of the starting position showed us that the control now exists on the bid; because we know that it is the path of least resistance, so the rule is; when the market is strong we are buyers and when weak, we are sellers. · Commodity shortages/outperformance means that the signal is strong to stay long AUD and reduce hedges, adding to domestic AUD exposure.
TVC:AU02Y
by ridethepig
5
AUS-USD (uptrend)Quick Trading Journal Entry: Uptrend expected, to the upper line on the orange rectangle-condensed trading zone (resistance at the blue horizontal line, 0.76417 ). Major resistance at red horizontal line (0.78422). Expected peak of the uptrend, around: October 31st , with the relative strength index peaking at the 80% marker. The R.S.I also broke out of a long downtrend (green line). Breaking above 0.78422 would be unlikely , since the R.S.I at the point would be overbought, above 80%. Divergence is a possibility, with a peak around November 10th. Trading is expected to stay within the purple parallel lines though, for both the Price chart and R.S.I Chart. The pink circle on the relative strength index could predict an "M" bearish pattern signifying a possible immediate downtrend.
Long
by marcosdaunte
Wait for retracement and buy signal with AUDUSDH4 time frame. Structure: The downtrend has been broken. Key level at 0.73200 was broken. Wait for the price retracement to confirm the uptrend on the 4-hour timeframe and then look for a buying opportunity with AUDUSD. The confluence between the 50-61 Fibonacci level and the 0.72400 and 0.72200 support levels is a potential price correction zone. The profit target is 0.74800 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx