Euraudlong
EURAUD H1 ANALYSISPrice has shown some support and we see a nice jump to the upside.
Targeting a retest of old demand zone. Good signal to see that buyers have stepped in the market for a discount price and push it up high.
Still in a downtrend on H4. Have to see a good burst of buyers to possibly start a new trend to test some highs.
EURAUD Trade Idea on 2H timeframe**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
A short idea of EURAUD for the new weekRemember at this point that all contents shared here is just an ideal and as the trading view indicated to first look before leap. From my idea on the chart, it's a good entry point at 1.15035 and 1.15100, a good TP should be around 1.15456 and second TP shou;d be on an open positoin as the trends shows a bullish run this week. Just trade with caution as not to go against the market, the stop lost should not be set so faras a downtrend might make a less equity account damaged so please trade with caution and use a good lot size. If you feel you can add o this, I'm opened for any corrections. Thanks guys and a happy trading week
EUR/AUD Trying To Make Inverted Head &Shoulders , Scalping SetupThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURAUD ANALYSISEURAUD on a downtrend and approaching 2 supports, 1.57 and 1.56. 2 Important places where the downtrend could be broken.
-If both supports are broken potential short to 1.5445 for 150 pips.
-If a support does hold we need to wait for the break of the downtrend, when we have confirmation we enter on a long with 1.59/5.595 as the target.
EURAUD LONGAs we saw on Monday 4th October, EURAUD had formed a head and shoulders pattern on the daily Time Frame. The pair broker the neckline and tested the level listed on the charts,
We expecting the pair to retest the level listed on the chart.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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