Here is a Free/Fatal trading idea. I am looking at NZDUSD, and I am seeing opportunity to establish Long position soon at around 0.5685 zone. This is a swing trading idea 1st target is around 0.584-ish while final target is around 0.599-ish zone. It looks delicious to me. Let’s see how it works out later.
Here is the…..Chart!
This is to show you the chart of AUDUSD trade which I mentioned in Twitter yesterday. I would not disagree if you are considering taking some profit off the table. I see 0.73 is a good spot to unload some.
Here is the….CHART!
A busy week for me. Enough stress and frustrations at my work place. I am trying to keep my head cool, and ignore the nonsense after leaving office. Since I am not in good mental and physical states, I did not make short term trade this week. Instead, I have been watching AUDUSD for 2 weeks. Some of my favourite patterns are back. I would probably trade more next week.
A long Easter weekend. My family is visiting me in Melbourne. It is always great to see them around. But the departure later is always bad. That’s life.
Cold weather starts moving into Melbourne. I am loving it.
Just some quick update.
Happy Easter.
After briefly approached 0.71 vicinity, AUDUSD pulls back to 0.69 area. Is that a pull back, or we are again heading back to southern hemisphere? I have no idea. My take is , we have a chance to stay above 0.68 and looking at 0.72-ish level as next target. Play with care, that’s the plan. This is my two-cent worth analysis.
Here is the….CHART! (click to view full chart)
And here is some technical statistics
In addition, let’s have a look at Dollar Index chart.
Both trend score and new charting service are now available for free trial. I use it. I’d recommend you to give it a try. Here is a short video about the charting service.
I am not trading on Friday, so I thought to have a look at some charts. After watching Adam’s video from market club, I had a look at oil. I see oil coming. It is in the trading range, and with the sell off of USD , momentum is building up, chances are, we will be seeing a upside breakout. My dumb prediction? 70-ish as first target. Let’s see how it goes. And…what do you think it will affect the equity market?hmm…are you still holding Long positions?
Here is the ….CHART! (Click to view full chart)
Here are some technical statistics:
I am always looking at AUDUSD. Partly because I need to manage my USD exposure in my trading account. Anyway, I see AUDUSD trading in a tight range and potentially moving to 0.68-ish level. I am watching. On the other hand, I do not ignore the possibility of breaking down, and back to 0.63…AGAIN.
Here is the …..CHART! (click to view full chart)
Some statistics:
