Australian Dollar / U.S. Dollar forum
AUDUSD Structure is changing . We are making a LL . Target 0.68200. 4HR Chart.
AUDUSD looking like liquidity was taken up top on this move, this area is going to be really key to watch. She has the sell orders to push lower at this point after rejecting the 200 day EMA quite perfectly. Price can revisit the lows for another push upwards or break to revisit weekly demand near .64. What a crazy week of volatility. Have a good weekend everyone.
AUDUSD Long updateNote taking: Since we are up 20 pips with the risk of 4.6 . This has us up a little abouve a 4R . Which is considered great .Managing the trade coes in handy at a time like this .However this an area of scaling with half of the initial risk.
SL has been moved to inital entry price ,Making this trade a half risk of the intial risk but a 50 % reward added to the target . this here is how i manage my trades .
This is not finicial advise ,just sharing whats o n my mind on minds
AUDUSD LongHere is an update on the Risk however ,my entry is lower than were i show on the chart. giving me room to update my SL freely tradingview.com/x/b2GM0sFg/
AUDUSD Q3 Long "Let it all out ..." by TradingView
"According to todays opening price ,we are caught in yesterdays previous daily swing points . Making that high and low our draw on liguidty ,therefore those swing points are significant / important .They stand out and have purpose." -15 mins
AUDUSD I think we are going back down a bit today yesterday move was incredible but the climb with the Aussie is always slow
AUDUSD The 'rocket' had some serious launch problems, no doubt about it, but it seems like the flight has finally stabilized now!)))
AUDUSD Time to tank
AUDUSD London session pushes upNew York session corrects the movement
(Stalls for a while)
FOMC is released, liquifies pending regions
News fades out and price resumes its upward overall movement
THIS IS JUST THE WAY I SEE IT HAPPENING, I DON'T MOVE THE MARKET.
Be safe!
AUDUSD we might pull back a bit before going bull again