Trading Under The Spotlight: My Open Analysis Odyssey #7
Hello again, TradingView comrades!
As the day progresses, the market keeps revealing more layers and I'm here to share yet another analysis of the day. For both newcomers and our dedicated followers, let’s quickly brush up on the foundational aspects of this series:
Transparency, Not a Tutorial: I’m giving you an overview of the setups I come across, but the in-depth strategy behind them remains close to my chest. This isn’t a step-by-step guide, but a window into my trading thought process.
Frequency & Execution: While each trading day unfurls a variety of potential setups, not every one of them makes it to my trading list. Consider these as a reflection of my trading mindset rather than clear-cut trading advice.
Purpose & Growth: The heartbeat of this series is my pursuit to sharpen my analysis skills, and to embrace the diverse viewpoints of this expansive community.
Diving into the next analysis of the day:
Instrument: AUDUSD
Bias: Short
Overall Trend: Short
Thoughts: From a fundamental standpoint, everything seems to seamlessly align with this setup. Should the market present the opportunity, I stand ready to engage in this trade right from the specific juncture I've highlighted. With both CPI and PPI reinforcing this bearish perspective, we’re likely to observe a sustained bearish trend in AUDUSD. Only notable shifts in economic data might signal a potential change in this ongoing trend.
Your active participation, be it as a spectator, contributor, or learner, truly amplifies this journey. Together, let's delve deeper into the market, unraveling its intricacies one setup at a time.
As the day progresses, the market keeps revealing more layers and I'm here to share yet another analysis of the day. For both newcomers and our dedicated followers, let’s quickly brush up on the foundational aspects of this series:
Transparency, Not a Tutorial: I’m giving you an overview of the setups I come across, but the in-depth strategy behind them remains close to my chest. This isn’t a step-by-step guide, but a window into my trading thought process.
Frequency & Execution: While each trading day unfurls a variety of potential setups, not every one of them makes it to my trading list. Consider these as a reflection of my trading mindset rather than clear-cut trading advice.
Purpose & Growth: The heartbeat of this series is my pursuit to sharpen my analysis skills, and to embrace the diverse viewpoints of this expansive community.
Diving into the next analysis of the day:
Instrument: AUDUSD
Bias: Short
Overall Trend: Short
Thoughts: From a fundamental standpoint, everything seems to seamlessly align with this setup. Should the market present the opportunity, I stand ready to engage in this trade right from the specific juncture I've highlighted. With both CPI and PPI reinforcing this bearish perspective, we’re likely to observe a sustained bearish trend in AUDUSD. Only notable shifts in economic data might signal a potential change in this ongoing trend.
Your active participation, be it as a spectator, contributor, or learner, truly amplifies this journey. Together, let's delve deeper into the market, unraveling its intricacies one setup at a time.
Seeking mentorship?
Join The Hyena Hut and learn exactly how I approach the charts. Contact me on Instagram if you have any questions :)
Join The Hyena Hut and learn exactly how I approach the charts. Contact me on Instagram if you have any questions :)
