Get started

AUDUSD-TRADE

Trend trading opportunity on AUDUSD | UPDATE 22nd of June: "Last week we've had a clear downside move on AUDUSD. Right now it looks like this move will continue and we're looking for a possible entry. " Price reached the resistance zone and it bounced off. That looks like an appropriate moment to get into a short position. However, this move is still kind of weak and so we could see another pullback to the resistance zone. Every impulse and a breakout of previous lows will confirm this direction. Do not use big lot size when there is indecision in the market!
Short
by ForexTrendline
4
NZDUSD & AUDUSD OUTLOOK ANALYSIS & POTENTIAL TRADE SETUPSIn this video I have taken a look at NZDUSD & AUDUSD overall price movement and trend from Day timeframe all the way down to H4 & H1. Did a quick break down of key levels and current price structures and discussed potential trading setups and price movement in the coming week. Please give it a thumbs if you like my analysis or agree to it to certain extent and leave a comment and your analysis of Kiwi and Aussie against USD. Thank you
Long
by Trader_97
Win rate - its a myth & consequences to not following rules! A great example with these stats on AUDUSD.... So many times traders ask about 'win rate', in a strategy with the right expectancy it's simply not important. Win rate without understanding risk to reward is a useless KPI - here we see a strategy where only 30% of trades 'win' - yet the average win far outweighs the average loss to give the great net profit stats shown. Please also note the DD stat is maximal dd, so this is the total maximum losing run found within this testing period. Letting your winners run is key as we continue to say. We can actually play with the TP here on the exact same strategy to generate a much higher win rate, but the profit drops - thus proving further that win rate is vanity - it tricks you into thinking you are winning more than you are losing, which you are! BUT, you are making less money!! All we did was reduce the RR to 1:1. The picture will not upload - but the stats change to: 22% net profit (a tenth of the profit on the same trades!) / 56.22% win rate off the 217 trades - and again the only thing we changed is our exit price. Same entry, same strategy and same SL - just holding the trades until a reverse signal and thus riding the big market moves. Percentage gains are the only important factor in trading - but you have to get used to losing more than you win and being emotionless from the market. The challenge here is when you do get that winning trade not to close it early because of FOMO. Mindset and trading psychology are fascinating - learn to follow rules within your strategy! It would be far easier to teach complete newbies how to execute our strategy by simply instructing them to do x,y,z in order; they would make more money than some traders that think they know best and whom are emotionally tied to their trades - this affects decision making and their ability to stick to their plan. Here is a question for you? A heart surgeon, if he doesn't stick to the plan in an operation, whats the consequence? People die! Or the engineer cutting corners checking the plane, etc., etc, I could give numerous examples, yet most struggle to stick to their plan in trading - do you even have a plan is the first question! Regards Darren
by pow_removetheguesswork
BREAKOUT FROM ASCENDING CHANNEL IN AUDUSDHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair was in Ascending Channel and then it gave a breakout. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us. Ryan.R..Lopes
by Ryan_lopes
2
AUDUSD To the downside? Hello Traders, Here we're looking at AUDUSD on the 1 Hour looking for a possible sell coming. I would love your honest thoughts on this setup we might be forming currently. As you can see with the arrows I have two possibilities to look for, both ending up for a longer-term short on the pair. We could see the price move further up to hit that strong resistance and be rejected and see a move to the downside. What I could see happening is being rejected at its current level of 0.62418 and being sent into a small move to the downside to the range of 0.61201 and then making a move to the upside to get rejected on that strong zone around 0.62895. If we see this I expect to see a longer-term move to the downside. What do you guys think?
Short
by loganMullinix
1