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JCFRGNT
$AUDUSDAUDUSD SHORT FORECAST Q2 W18 D2 Y25

Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.

Let’s see what price action is telling us today!

💡Here are some trade confluences📝

✅Weekly 50 EMA
✅Intraday 15' order block
✅Tokyo ranges to be filled
✅Intraday 15' order block trading levels


🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.

📈The Xrest, we leave to the balance of probabilities.

💡Fail to plan. Plan to fail.
🏆It has always been that simple.

❤️Good luck with your trading journey, I shall see you at the very top.

🎯Trade consistent, FRGNT
Snapshot
ald90039
AUDUSD I've got incremental shorts added to my position all the way up to 0.655
Can't help but see liquidity building up above this bear channel.
ald90039
AUDUSD news tonight at 9:30pm est.
I don't know what this thing is waiting on. I could be wrong but all signs are pointing to a drop. Maybe I should prepare limit orders if it takes out upper liquidity around 0.645?
ald90039
DXY EURUSD AUDUSD
...still bullish dxy...for now.
next move is dxy shorts but when. I see dxy going to 102 at least, maybe 104 and I'd be surprised to see 106. I'm shorting EURUSD and AUDUSD until stopped out, with progressively tightening stops and watching momentum. My guess is that any risk on sentiment will compete with gold and jpy. I see EURUSD target at 1.11 and maybe 1.09, again depends on momentum. AUDUSD is being stubborn, I see a target at prior swing low of just below 0.60. imo global recession means less demand and commodity metals are dropping, demand from China should still be dropping, AUDUSD should still be pressured. Data this week was not necessarily good for USD but that didn't seem to matter. I think this is simply a counter trend trade against the htf trend. Some comments have dxy falling to 0.90 over the summer. we'll see. I follow the 3hr chart, macd and emas. The hardest part of trading is placing a stop and leaving it alone. Risk is the only thing I can control. I am a complete fool if I think that I won't ever lose. The best advice is to get used to losing, but spend more time in profit.