AUDUSD Multi Timeframe Trend Analysis (How To Do It)
Updated
Lots of Traders often get confused about about trends on several different timeframes conflicting each other.
The answer to this is very simple, wait for your bias to line up.
1) Identify Technical areas across your highest and lowest timeframes.
2) Understand the long and short term sentiment.
3) Wait for correlation for entry.
We will also cover AUDUSD post news last night.
The answer to this is very simple, wait for your bias to line up.
1) Identify Technical areas across your highest and lowest timeframes.
2) Understand the long and short term sentiment.
3) Wait for correlation for entry.
We will also cover AUDUSD post news last night.
Comment
Scaling in light short (careful of sentiment pushing you up).Comment
Lock in some gains.Comment
Take full exits.Comment
Longs (lightly) ideal. Awaiting PCE.Comment
Exit longs for clear gains.Comment
Shorts largely preferred back into this area.Comment
Out for gains (again) on shorts above.Looking long again now,
Comment
Comment
Out AGAIN for long side gains:
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Posts Not financial advice.
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