Beginning of the week buy stop with the same 1:3 RR from last extension leg. Will take some time to develop but will continue to monitor
With postive news from NFP of last week, I am fairly long on US30 even though there is a decline in the DXY
Stayed out of the Market and waited until everything settled. Looking for a retest after the recent trend change
So taking a look at AU as requested, Overall looking for bearish moves with in the pair on lower time frames. I dont see any major news that may affect potential trading. After this extension look for new HL for an entry. Held monthly and looking for sells unless shown other wise. Also seen with other USD pairs due to FOMC and the interest rates staying the same
With ovverall bullish sentiment taking another position unless to the next week S/R. Previous support taken out and all trades marked up on the 1H time frame
Still over all Bull, shorts played well as we worked our way down to the week support. A further continuation is a possibility but as it stands still overall bullish
After Last weeks Fed Numbers we say a significant bullish push that had caused the immenent GU sells. At the moment the market seems to be consolidating at a level to make a new LH on the HTF. Chart Pos pre market open and still deciding true position as the week unfolds.
First week of the new month after a major correction in the US Stock Market. One can see uncertainty regarding the lowered volatility. At the moment very bearish bias to the monthly, Will be placing Limit orders in order to capitalize on the move. Clearly in a 38.2 PRZ and intend on riding the sell down
Right now EU is Stagnant, looking for it make new highs as the DXY weakens
We are continuing our short push. Extending this with two exits before the bullish continuation on the HTF