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Australian Dollar / U.S. Dollar

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AUDUSD Oh would you look at that

AUDUSD boom, one candle and tp is hit. shorting this rubbish pair is easy

DXY GBPUSD EURUSD USDX AUDUSD Trump just announced that the story about tariffs being limited is "false" and that he won't be cutting back on tariffs for anything.
Undoing all the gains made on the previous news that he was cutting back.

AUDUSD What the heck is going on, Washington post fooled us 😂😂?

AUDUSD Enjoy your profits guys, no long talks this year.

When we miss, we miss
When in profit, we profit!

AUDUSD We have also seemingly almost never had a big reversal where the monthly candle has next to no bottom wick, i.e, no liquidity grabbed to move.

Can see some in the middle of moves, but not at key decision points.

would exercise caution on holding for bigger targets, at least until the monthly reflips bearish for a bigger bottom wick, and a bullish reflip after.

Just my 2 cents, stay safe gang.
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AUDUSD Thread for discussion Aaron684

So why I've chosen to close my positions here is essentially more to do with liquidity and price structure.

Yes, the market could be front-running sentiment shift off trump going into court, totally possible but I would say that at this stage is speculation and we don't have much in the chart to back a proper reversal yet IMO.

I could see this weekly candle still getting wicked out and the next weeks candle taking the long stops resting below before ripping off from there similar to the Oct 2023 low.

Price could however totally reach your target before this happens, if it even does happen.

Until liquidity is manipulated below I'm just going to be looking to take in and out trades now I have the benefit of hindsight on the original entry @ 0.635.

Obviously trade was still a nice win so just going to be sensible till we have more candles printed.

Thoughts?
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AUDUSD All surprises should be enveloped here.
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USDX DXY AUDUSD EURUSD GBPUSD
Trump is looking to introduce universal tariffs on all countries, but only for critical resources only.
He's walking back his major tariff talk of 30% or 40% on other countries.
This is has caused a "sigh of relief" in the markets, as they had over priced major tariffs.

AUDUSD

1 Lot @ .619,

1 lot @ .622 & 0.25 @ .635

Called out it in advance, stated my analysis publicly, as usual... scam?

:)