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 love trades like this, a cheeky Head & Shoulders formation at the top of a potential Range. Nice big round number, very simple trade.
IN THIS VIDEO, WE TAKE A LOOK AT AUDCAD AND THE POTENTIAL FOR FURTHER DOWNSIDE. PRICE IS TRENDING LOWER ON THE WEEKLY, DAILY AND NOW THE 4HR CHART. COMBING THE TIMEFRAMES WE HIGHLIGHT AN AREA OF RESISTANCE WHERE PRICE COULD MOVE LOWER FROM MOVING INTO NEXT WEEKS TRADING.
IN THIS VIDEO, WE TAKE A LOOK AT AUDJPY. WHY WE TOOK A SHORT, HOW WE ARE MANAGING THE SHORT AND WHAT COULD HAPPEN NEXT. PRICE CAME INTO THE KEY RESISTANCE AND FORMED A BEARISH DOJI CANDLE, HIGHLIGHTING POTENTIAL DOWNSIDE. 4HR CHART HAS FORMED A HEAD AND SHOULDERS PATTERN SHOWING A CHANGE IN CYCLE.
This is a follow up. I'm watching some fall off in momentum on AUDCAD from daily down to 4H time frames. On the weekly time frame price has moved into an investor zone and is struggling. At this point in time I assess probability as greater for the south between 1D to 4H time frames. The markets may well prove me wrong. For every probability in one direction...
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.
There is probably a head and shoulders in there. Trend on 4H seems to be weakening. No recommendations. My entry point was based on other methodologies.
Going live every day Pre London with few good looking setups.
See previous screencast on AUDCAD I still see potential for a reversal and I explain why. Also see recent other setup on EURUSD using similar methodology.
Hey guys, going live for 5 minutes every day to go through my charts and potential setups. Feel free to reach out.
In today's video updated we look at a trading opportunity on AUDCAD 1hr chart. Currently the market has found resistance at the key weekly zone and looks to be forming a Daily double top pattern. If the market can pullback into the 1hr area of structure we will look for short opportunities into the neckline support.
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...