Audusdlong
AUDUSD H1: Bearish outlook seen, reversal below 0.6850On the H1 time frame prices are approaching the resistance at 0.6850, in line with the 61.8% Fibonacci retracement level and descending channel’s resistance where a pullback to this zone presents an opportunity to play the drop to the support target at 0.6780. Prices are holding below the 20 EMA as well, indicating bearish bias.
AUDUSD - Daily Trade Idea - 15-Dec-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis of NZDCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue the retracement to fiil the imbalance lower and then to reject from bullish orderblock + institutional mid figure 0.67500.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it.
AUD CASH RATE is about to be released. And the USD has become STRONG in the short term. Therefore, STOCKS and COMMODITIES MARKETS are going up a bit now. It is heavily influenced by the Australian dollar. And the AUSTRALIA INFLATION DATA was very POSITIVE that day. Due to this, the RBA made a RATE HIKE.
- The FED MEETING is scheduled to be held today. So be careful while trading USD CROSS PAIRS.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to 0.7100 0EVEL. After that, if the MARKET RISK OFF, AUDUSD can SELL to the AUDUSD 0.6723 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start to fall further. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF. audusd
AUDUSD - Daily Trade Idea - 14-Dec-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD long (15 min)We got closer to sell zone but it's early to sell in my opinion.
Price touched previouse resistance zone and made new high (BoS)
Then I marked 50% and 75% of the candles wick, that touched resistance. This is my buy zone.
By toutching the buy zone ptice made two clear BoS.
From the first BoS I build 50% and 75% from high and low (2 purple circles) levels. That's my two entries.
I've noticied liquidiry price range, that is just near my key level (levels build by Fibonacci extension). So my tp is just near the key level.
Be careful with liquidity. Price can reach 75% of the wick.
Good luck;)
AUDUSD - Daily Trade Idea - 12-Dec-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD - Daily Trade Idea - 9-Dec-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
3 Steps to find your Value per Pip with Forex - 4 decimalsDo you know how much money you’ll risk every time you take a Forex trade?
To be an astute Forex trader, you’ll not only need to know your trading levels such as your entry, stop loss and take profit price, but you’ll also need to how much money to deposit into your trade to risk a certain portion of your portfolio.
We’ll go through a three step checklist, you’ll need to find your ‘value per pip’ which is also known as your ‘rands risked per pip’.
The ‘value per pip’ explained
The ‘value per pip’ is the amount of money in your portfolio that you’re willing to risk or gain for every one pip that moves in or against your favour.
If you choose a ‘value per pip’ of R5 and the market moves 20 pips away from your entry price, this means you’ll incur a R100 loss (R5 risk per pip X 20 pips movement).
Similarly, if the market moves in your favour of 20 pips, then you’ll be up with a gain of R100.
However, we all have different portfolio values and so the ‘value per pip’ will be different for each of us.
That’s why you’ll need a checklist to follow in order to find your ‘value per pip’.
3 Steps to find your ‘Value Per Pip’
Here are the specifics for the trade
Portfolio value: R50,000
2% Max risk per Forex trade: R1,000
Trade type: Buy (go long)
Currency pair: AUD/USD
Entry price: 0.7010
Stop loss price: 0.6970
Next, you’ll need to follow three steps:
Step 1:
Calculate the portfolio risk per trade
Before each trade you take, you’ll need to know exactly how much money you’re prepared to risk.
If you’re a risk averse trader, like me, you’ll risk 2% per trade.
If you’re an aggressive trader, maybe you’ll risk 5% of your portfolio per trade.
For this example, let’s stick to 2% risk.
You’ll then multiply your current portfolio amount by the risk percentage you’re willing to lose in the trade.
Here’s the calculation.
Risk per trade
= (Portfolio size X Max percentage risk per trade)
= (R50,000 X 2%)
= R1,000
R1,000 is all you are prepared to risk per trade, when your portfolio value is R50,000.
Step 2:
Calculate pips risked in trade
The next step is to calculate how many pips you’re prepared to lose between the entry price and your stop loss price.
As each pip movement is four decimal places on each currency, you’ll multiply the difference between the entry and your stop loss price by 10,000.
Here’s the calculation:
Trade risk in pips
= (Entry – Stop loss) X 10,000
= (0.7010 – 0.6970) X 10,000
= 40 pips
This means, you are prepared for the market to move 40 pips away from your entry before you’ll be taken out of your trade for a loss.
Step 3:
Find your ‘value per pip’
You now have all of the variables you’ll need, to calculate the ‘value per pip’ with your Forex trade.
Here’s the calculation.
‘Value per pip’
= (Portfolio risked per trade ÷ Pips risked in trade)
= (R1,000 ÷ 40 pips)
= R25
This means, on your trading platform you’ll type in, R25 for where it says ‘Rands risked per pip’, ‘Pip value’ or ‘Volume’, place your entry price at 0.7010 and your stop loss price at 0.6970 in order to risk R1,000 of your portfolio.
You have the three step checklist to find your ‘value per pip’ for every Forex currency that has decimals 4 points to the right.
Trade well, live free.
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Timon
MATI Trader
AUD/USD:BUY From Support Area For a LONG Setup The AUD/USD appears to be within a bullish bias, as described yesterday after the price rebounded on the support level in confluence with the dynamic trendline. After yesterday's strong bullish impulse, the price appears to be regaining strength today. The stochastic is still in an oversold area with the current divergence. Last but not least, the price appears to have reversed into a Head and Shoulders pattern, and our forecast remains bullish.
AUDUSD - Daily Trade Idea - 8-Dec-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD - Sell off started ✅Hello traders!
‼️ This is my analysis on AUDUSD .
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect the continuation of bearish price action as price filled the imbalance and rejected from bearish orderblock.
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