Green Moon makes Wolfie Money EURJPYAwhoooooooooooooooooooooooooooo!
Are you ready for a trip to the Green moon? Yes?! Fantastic!
Slap on your calls and give yourself plenty of margin room for choppy water, this ride may be very bumpy!
However I firmly stick by my view and trade that i am holding long for the next couple of weeks here.
It's long until it isn't! ;)
Managedprofits
Get prepared to go "Down Under" AUDUSD stick a fork in itG'Day this is whats happening with AUDUSD right now. So take it and shove it up your bloomberg terminal ;)
We are going to lower and cross over the central fork line.
Then we are going to mess around in the lower green sector.
We will then move like a boring static snake slowly lower down into bottom purple fork territory.
Come and make some profit with me :)
Down under getting further down under AUDUSD THE analysisLong term outlook very bleak for the once relatively strong AUD.
It's been a tough two years on the Australian currency. With a very wobbly gold price dictating the nerves and a phenomenally crucial period of USD relative strength the AUD is suffering without a doubt.
Using a simple fib based regression trend analysis along with a modified pitchfork that ties into the fib I predict a lowering of price here over the course of the next few days and weeks.
Entry can be taken now but ideally I would suggest let it pop up just a bit further before taking it on for SHORT positions.
As for leverage, margin, size and duration I leave that all to you my trading buddy :)
Best of luck and stay safe. It's a dangerous place to be falling without a parachute ;)
#winningtrades #thatswhatwedo #changeyourlife
Perfect EURUSD SHORT set-up A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch.
End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes.
Best recommendation from me is to short and hold until we once more test 1.09600