In this video update, we look at taking a lower risk trade on EURAUD. In the telegram channel we spoke of buying the daily high in anticipation of a breakout. With the short-term AUD strength price moved and formed a new daily low. However, that daily low comes in at a weekly 50% fib retracement where buyers may step back into the market.
Understand what you are trading and your strategy. Don't just take action because someone said so. Sink or Swim. Martin Long and Short Zones Martin Support and Resistance Martin Trend Meter Martin Stochast Trend Martin Momentum Lines Martin Drop Coming Martin Rise Coming setup: 1. add martin trend bars, add martin S/R, add martin L/S zones to...
Hey All, Hopefully Travis doesn't mind me dubbing this strategy in this fashion. I personally was AFK for awhile today and was not able to get out of the EURAUD short triggered earlier so I took about a 40 pip loss. Hopefully you were following the strategy and making sure that you got out at the most opportune time. Hopefully EURAUD shifts back to red next week....
EURAUD is seeing further selling pressure as the eurozone economic growth is slowing combined with advanced trade talks between China and US supporting AUD strength. Price is currently breaking through a key support zone, if price can hold below this level we can look for further downside.
Rought TA. Looking for a zone change red as the trend meter has flipped red.
I'm looking at a possible triple top on EURAUD on the 3D time frame. I do this because I'm looking for position and then to trail down on a lower time frame. There is some weakening of the 3D time frame trend and the critical zone at the peak probably creates a greater probability for the south.
Hi guys, I share some good knowledge here that you won't see anywhere else on trading views noobland. Hope you enjoy as much as I do doing these.
Going live every day Pre London with few good looking setups.
EURAUD is a pair that from my experience has many surprises. This is just based on long experience of understanding the 'personality' of this pair. I also know that there is a probable move south on stockmarkets which the Aussie tends to follow. The EURO took a beating last week, so punters are likely to try for a 'good deal'. So if both happen, EURAUD has some...
See the video for a more detailed description: 50% Pullback LH DT bear flag A big wedge and a smaller one within it. I have a short opened at 1.6230, Stop: 1.6286 TP: 1.61830
If you like what you see, please like and follow me BELOW! www.tradingview.com Feel free to leave your opinions on why you AGREE or DISAGREE with my trade analysis! Would love to know your perspectives! Trading is the hardest way to make easy money. ***Sorry if I sounded choppy as this is my first time doing a video analysis! Hope to receive more feedbacks...
Euro Forex Thoughts Going Into Next Week
AUDNZD Long term Buy setup EURAUD Long term Sell Setup
Use well the Trading Plan
First time publishing an idea using the video format directly via TradingView. If you like such format, do like this video and give me a comment below, and moving forward I will be sharing more of such videos. Reminder - always remember to manage your risk before taking any trades.
- GBPAUD previous Sell setup has reached TP1 with 200pips & now Price is heading towards our TP2 with around 600pips - Currently GBPAUD is about to form a bearish "Evening Doji Star" Price action candlestick confirmation sell signal on h4 chart. Sell only with clear confirmation reasons. -EURAUD sell only when price makes a pullback after breaking & closing...