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Eur-aud

EURAUD NEW BUY ALERT ! EURAUD start of a new up trend? Let's see ! OUR STRATEGY EXPLAINED: The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
Long
by RossTyler
1
Possible trend shift in EURAUD – going long The Tidal Shift Strategy has just bought EURAUD at 1.6557. The system recommends entering this trade at any price between 1.65286 and 1.65854. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.54743, which suggests that the EURAUD could be trending upwards.The 14-period Average True Range on a daily chart is 0.00228, so the stop loss has been set at 1.64432. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 73681 Time Issued: Thursday, 15 October 2020 09:00:16 GMT Status: open Entry: 1.65286 - 1.65854 Limit: N/A Stop Loss: 1.64432 vAny opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here. Past Performance is not an indicator of future results.
Long
by FXCM
EURAUD - WEEKLY OUTLOOKThis weird and wonderful pairing continues to consolidate and range in a 500 pip zone providing us with plenty of intra day opportunities. I favour sells underneath the 61.8% fib area to retest the absolute lows of the range, so sub 1.63 sees 1.61 in my opinion after the Double Top rejection of the channel and the sell off friday. Plus, the weekly chart shows us 2 strong full candles matching each other before last weeks doji! For buys, we need to get back above the 50% fib area - so we have around a 50 pip no trade zone between the 2!
by RealistFX
EURAUD - DAY TRADE VIEWEURAUD - Looking good on hourly candles trying to reverse back from the support zone. My approach will be a buy here at current price 1.63400 Maintain stop loss 1.63070 Potential upside target 1.63750 - 1.64020 Follow the levels as mentioned above. Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow this tradingview account ? Managed by top most renowned trader - Pulak Priyesh 10 + years of trading experience Professional Day trader Excellence award winning mentor Professional chart, clear chart without junks. Major S/R levels with inner insights Frequent Day & Swing trade levels All major and minor FX/INDICES covered Thanks !!
Long
by Professor_GS
EUR AUD possible short and longer term long trade, Welcome! What's up traders! Thanks for Jumping on my Analysis, 👨💻 Hit the thumbs up 👍 and support the work. Follow the trade plans and notes. Make up your own trade setup and make sure you meet with the required confirmations first, before you make your move! Traders Disclaimer: None of our analysis or trade setups which is shared here on the trading view is trading advice. if you have a better idea or analysis please do share with us. thank you
by Fazm
6
Short EURAUD - Fundamental and Technical AnalysisFundamentals: Europe is entering the winter season and fears of a second wave is on the horizon. Cases are steadily increasing. Australia is approaching the summer season after a relatively low number of covid AND flu cases in the winter season. Brexit talks this week with a gloomy outlook. Brexit shouldn't heavily affect the Euro, but it could, and the outlook seems bearish. Australia's economy hit rock bottom last month with the government announcing a budget deficit. All else equal, the budget deficit should boost the Australian economy and thus the AUD. China's economy is showing signs of a recovery. AUD is strongly positively correlated with the CNY. Conclusion: - Bearish EUR - Bullish AUD Technicals: Price was rejected at a key supply area 1.65558 Price is trading at a downtrend in the lower time frames (H1) Price is flirting with the 23.6% Fib level
Short
by Boatsnhoes
EURAUD appears oversold SELL 1.65291 - 1.65769 Signal ID: 73429 Time Issued: Thursday, 24 September 2020 05:00:05 GMT Status: open Entry: 1.65291 - 1.65769 Limit: N/A Stop Loss: 1.66487 The Congestion Opportunities Strategy has just sold EURAUD at 1.6553. The system recommends entering this trade at any price between 1.65291 and 1.65769. The signal was issued because the 28-hour Relative Strength Index indicates that the EURAUD may be oversold, while the Speculative Sentiment Index reading of -1.41791 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 0.00956, so the stop loss has been set at 1.66486. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Congestion Opportunities is a range trading strategy that aims to sell overbought currency pairs and to buy oversold currency pairs. The strategy will only trade when the Speculative Sentiment Index for that currency pair is between -1.5 and +1.5. Limiting range trading in this way has shown in the past to significantly raise the probability of successful range trades.
Short
by FXCM
2
Two buy opportunities on this chart for EURAUDMid-Term Forecast Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.635). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 1.6550 TP2= @ 1.6885 TP3= @ 1.7315 TP4= @ 1.7815 TP5= @ 1.8570 SL= Break below S3 --------------------------------------------------------------------------------------------------------------------- Short-Term Forecast Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6335). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 1.6480 TP2= @ 1.6550 TP3= @ 1.6760 TP4= @ 1.6890 TP5= @ 1.7020 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
27
Two buy opportunities on this chart for EURAUDMid-Term Forecast Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.635). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 60. Take Profits: TP1= @ 1.6550 TP2= @ 1.6885 TP3= @ 1.7315 TP4= @ 1.7815 TP5= @ 1.8570 SL= Break below S3 --------------------------------------------------------------------------------------------------------------------- Short-Term Forecast Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6335). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 1.6480 TP2= @ 1.6550 TP3= @ 1.6760 TP4= @ 1.6890 TP5= @ 1.7020 SL= Break below S3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
13