Euraudtrade
EURAUD Trade IdeaFX:EURAUD
Mario Draghi's comments earlier during the press conference for the ECB Monetary Policy were mostly negative in terms of outlook. This should affect the euro accordingly so I will begin to build euro exposure...
1. Up-trend line broken
2. Retest of the trend line from the underside (can be seen clearly on a line chart)
3. Bearish engulfing candle pattern completed
Enter @ market price 1.56942
TP lower @ previous support 1.55260
SL just above the recent high where I feel the setup would be deemed invalidated 1.57997
Don't bet the farm, always exercise good risk management
"EURAUD" Long Sell Entry| Analysis By Morshedul-MunnaHi! Traders_____
Please Follow Money Management & ricks your own Profit Margin.
Buy Opportunity on EURAUDPair: EURAUD
Prediction: BUY
Take Profit @ 38,2 %
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EURAUD - SELL TIME - YOU AGREE?EURAUD HAS NOW BROKEN THE SUPPORT LINE
AND AS I HAVE ANALYSED WE ARE NOW EXPECTING
THIS TO GO DOWN.
GO TO LOWER TIME FRAME AND CHECK IF A FLAG
IS FORMING. BUT THE REVERSAL AND THEN SELL
DOWN. WELL THAT IS IS YOU ARE SURE OF WHAT
YOU ARE DOING.
SUPPORT THE MOVEMENT WITH YOUR LIKES,
COMMENTS AND FOLLOW FOR MORE
EURAUD - BREAK OUT OR BOUNCE UPWE ARE NOW ENTERING ANOTHER BUY PHASE
I AM EXPECTING THIS TO BOUNCE BACK UP
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
EURAUD - PREDICTION AT IT'S FINESTHey folks,
Yup, you can see it on the chart... We predicted EURAUD perfectly!
What do we expect? Further down move of course :D
Let's see what the market makers bring us.
EURAUD Sell the correctionEURAUD broke out the support quite sharply, i am expecting the it to make an extended low to 1.58 handle, since the momentum is quite weaker across higher time frames and market is trading below my key MA. Watch out this market for sharp bearish moves.
Trade Safe!
EURAUD - UPDATEHey folks,
Same as the other 2 pairs, EURAUD shot up aswell!
This one went a little higher than expected but then again, look where it stopped... right at another ZONE FLIP.
On the H4 we're looking to see a big fat shift candle to the downside, if this happens we'll get into the trade at the CLOSE of the H4.
But then again, we're not stressed to take a trade. When they move, we move :)
*UPDATE* EURAUD - TREND REVERSALHey folks,
As you see, EURAUD turned out exactly how we expected it to.
Currently we're up around 50 pips, the entry wasn't the best but I'm ready to hold this for around 100-150 pips.
If this retraces (as it should in Level 1), we might add another good entry.
EURAUD - Analysis - ShortPrice reached the weekly resistance along with the retest of a previous broken long trend line. In the test of the weekly resistance the price broke, again, the long trend line and is now retesting it, but is already showing some rejection bearish candles. I`m waiting for a clear bearish price action to go short!
EURAUD - SWING TRADE ENTEREDHey folks,
We have now entered EA sell:
Price @1.62478
SL @1.63400
TP @1.60500
Nice 2/1 ratio.
I went in with 1% risk.
If this next 4H candle closes ABOVE 13 EMA I'm going to take a scratch and close!
Strict rules following these trades :)
EURAUD - TREND REVERSAL LOOKING TASTYHey everyone,
Last week we had our projection for EURAUD looking at a nice trend reversal.
As predicted for this week, the pair has come back to retest the recent highs.
As of now, I'm waiting for a second hit to the high, otherwise I will not take the trade from the top.
Let's wait and see what happens!
If they move, we move.
EURAUD short - pullback almost done after channel breakEURAUD broke the channel and retracing now.. it is advised to enter after green candles are finish.. it'll be a good short...
Please hit "LIKE" to support and follow for more ideas.
Vinny
EUR AUR SHORT 1.56700retracement bull 1.56700 61% fibonacci MA 50 H1 after short downtrend
and dont forget watching the news lot of new for EUR and AUD this week watch out
EUR/AUD - 200 Pips+ OpportunityEUR/AUD has broken down the 200 EMA and is currently in a bearish trend.
An opportunity has presented itself to enter the bearish trend. As the price breaks the current support (1.56 area) it may continue down for the rest of the month until it finds a strong support.
The long term bearish move is cancelled if the pair finds the strength to break the 1.57 area.
Happy trading! Follow your rules!
EUR/AUD - 350 Pips+ Short Opportunity - ReversalEUR/AUD has been in a consolidation area for about a week and seems to have taken the impact from the last uptrend.
As we can tell from our indicators, this pair does not seem to have the steam left to go further high. Thus, we can open a short position for the reversal of this pair back to 1.54.
Our Stop Loss needs to be higher than the last highs. Recommended at 1.59.
If the pair fails to break down and begins to show some sign of strenght, which I don't expect to, then open a long position. Until now, from the looks of it, this pair seems very week and the resistence has acted well.
The impact has been taken, and a reversal is imminent.
Happy trading!
