✨ NEW: AUDUSD ✨ SCALPING(an aggressive scalping opportunity)
TP @ 0.6838 (at the previous Daily Open price)
BSO2 @ 0.6829, moderate ⏳
BSO1 @ 0.6822, aggressive ⏳
-SL @ 0.6805, aggressive 🚫
-SL @ 0.6788, moderate 🚫
Being that we have AUD News @ 18:30 PT / 21:30 ET, here's a potential setup for +9 to +25 pips of profit from scalping price action.
⚠️ Attached to this post is the BIG PICTURE Curve Analysis for this pair. It too reflects a UT.
Aussie
AUDCHF: Important Breakout & Bearish Continuation 🇦🇺🇨🇭
AUDCHF broke and closed below a major horizontal demand zone on a daily.
The broken structure turned into a resistance.
The market will most likely keep falling.
Next support - 0.575
For entries, consider an occasional retest of a broken structure.
❤️Please, support my work with like, thank you!❤️
AUDUSD H4 | Bullish reversal off pullback supportAUDUSD is approaching a key pullback support that aligns above the 38.2% Fibonacci retracement level. Price could hit the buy entry at 0.68045 and potentially reverse to bounce higher.
Take profit is at 0.68927 which is an overlap resistance.
Stop loss is at 0.67204 which is a pullback support that aligns above the 61.8% Fibonacci retracement level.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com): **
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
AUDUSD H4 | Bullish bounce off support?AUDUSD is approaching a key pullback support that aligns above the 38.2% Fibonacci retracement level. Price could hit the buy entry at 0.68045 and potentially reverse to bounce higher.
Take profit is at 0.68927 which is an overlap resistance.
Stop loss is at 0.67204 which is a pullback support that aligns above the 61.8% Fibonacci retracement level.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com): **
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
AUDCHF: Multiple Time Frame Analysis & Bearish Outlook 🇦🇺🇨🇭
AUDCHF has recently broken and closed below a major rising trend line.
We see its retest today.
The price formed a descending triangle formation on that.
The neckline of the pattern was broken.
It is an important indication of the strength of the sellers.
I expect a bearish continuation now.
Goal - 0.5872
❤️Please, support my work with like, thank you!❤️
AUDUSD H4 | Rising into resistance?AUDUSD is rising towards a key resistance. Price could hit the sell entry at 0.68858, which is a swing-high resistance, and potentially reverse from this level to drop lower. Take profit is at 0.67964 which is a pullback support. Stop loss is at 0.69360 which is a pullback resistance that aligns close to the 78.6% Fibonacci projection level.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com): **
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
AUDUSD H4 | Heading into resistance?AUDUSD is rising towards a key overlap resistance. Price could hit the sell entry at 0.68816, which is a swing-high resistance, and potentially reverse from this level to drop lower. Take profit is at 0.67939 which is a pullback support. Stop loss is at 0.69360 which is a pullback resistance that aligns close to the 78.6% Fibonacci projection level.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com): **
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
AUDUS H4 | Approaching resistance?AUDUSD is rising towards a key resistance and could potentially reverse from here. We could see price drop down to our take profit target.
Entry: 0.68830
Why we like it:
There is a swing-high resistance
Stop Loss: 0.69936
Why we like it:
There is an overlap resistance that aligns with the 127.2% Fibonacci extension level
Take Profit: 0.67931
Why we like it:
There is an overlap support
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
✨ NEW: NZDCHF ✨ LONG TERM SWING ✨SLO2 @ 0.6856 (conservative)
SLO1 @ 0.6706 (aggressive)
TP3 @ 0.6630
TP2 @ 0.6357
TP1 @ 0.5925
BSO4 @ 0.5664
BSO3 @ 0.5505
TP0 @ 0.5497 (@ Minor Resistance)
BSO2 @ 0.5452 (9m) ⏳
BSO1 @ 0.5447 (9m) ⏳
ADDITIONAL INFO:
— TP0 is our earliest TP for Day Trading
— shaving 25% from TP1/TP2
— closing ALL Buy Orders @ TP3
⚠️ Trading the All-Time Low on this pair is an extremely aggressive position to take and it increases our risk. Manage your trade accordingly. Be conservative.
BIG PICTURE ANALYSIS
AUDUSDThe tight space between important levels of Aussie makes it so hard for me to open medium-term trades.
I suggest if you are not into short-term trading avoid decision making before breaking of the two levels.
After breaking the stronger levels I'll expect an almost sharp move.
The United States CPI announcement could be a fuel to a level-breaker market move.
AUDUSD H4 | Falling to support?AUDUSD is falling towards a pullback support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 0.66129
Why we like it:
There is a pullback support at the recent swing-low
Stop Loss: 0.65801
Why we like it:
There is an overlap support
Take Profit: 0.67008
Why we like it:
There is a pullback resistance at the recent swing-high
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDJPY: Classic Bull Flag PatternI'm expecting further strength for the Aussie this week, and weakness from the Yen against it, so I'm looking for a long.
We may fall-back to the 38.2 fib but then I think we'll see a strong move upwards, breaking out of the bull flag.
We've seen this retracement as the pair became over-bought, but we now seem clear for a continuation upwards.
I'm keeping a close eye here for signals and confirmation using LTF's.
AUDUSD H8 - Long SignalUDUSD H8
Alerts set and ready to go here for AUDUSD, nice comfortable support zone which we have seen hold effect for the last 2/3 instances, with the exception with one fake-out. Likewise with resistance.
Nice measure of 8R from support price to our targeted resistance price.
AUDUSD H8 - Long SignalAUDUSD H8
Really closing in on that buy zone here on AUDUSD... this next LTF wave should see us pin into our anticipated support zone for longs up towards that major area of resistance again.
GBPUSD and XAUUSD also nearing areas of support, so from a pair comparison purpose. It makes sense too.
🔥 NEW: AUDUSD 🔥 POSITION TRADE 🔥SLO2 @ 0.7933 ⏳
SLO1 @ 0.7715 ⏳
TP3 @ 0.76 (closing ALL Buy Orders)
TP2 @ 0.7185 (shaving 25%)
TP1 @ 0.6925 (shaving 25%)
BLO1 @ 0.6645 📈
BLO2 @ 0.6550 ⏳
UNDERSTANDING POSITION TRADING
A position trade is a trading strategy where a trader holds a position for an extended period, usually months or years. Position traders are typically looking to profit from long-term market trends rather than short-term price movements.
Position traders typically have a longer investment horizon than other traders, such as day traders or swing traders. They are less concerned with short-term price movements and more focused on the long-term trend. This strategy means they are willing to tolerate more risk in their trading, as they are confident that their positions will eventually be profitable.
AUDJPY - Short-Term Bullish ExpectationThis is a combined chart using the Futures contract for the Aussie and the Yen
This expectation is a framework to look for a potential trading setup; I don't just execute based on these levels, I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- WYCKOFF
- ETC