MDSADI

MDSADI Jul 25, 2021

Super long here

MDSADI Jul 27, 2020

Good risk /reward, expecting FOMC or NFP to trigger this at any moment. Once retails are net long , the correction may begin

MDSADI Jul 16, 2020

Expecting a neutral employment data from australia

MDSADI Jun 30, 2020

Monitoring the weekly candlestick pattern to find possible reversal set up, the downward move can loose steam around 1.76xx area and hence not looking to add any more shorts at this levels

MDSADI Updated  Jun 23, 2020

Long bias to 1.85 area, now on the entry, i would be using RSI divergence . Looking for possible pullback to 1.794 creating double bottom , however if on a daily candle price close below 1.79 area then longs would have to bear more pain until 1.76 xx area. AUD strength is driving the pair, hence it might be wise to monitor a drop in both GU and AU for this long to take off

MDSADI Updated  Jun 18, 2020

Risk off sell anticipated on the coming days, US dollar is weak but AUD is vulnerable to any adverse news with CHINA. The price action showing .70xx level has been a psychological barrier, so keeping that as stop we can look for Drop near .68xxx. I would add to my sell once price breaks below cloud and retest , however if price breaks and close above the...

MDSADI Jun 16, 2020

Even though best place to long would be 1.65, i would go for sell stop if my stops for long is hit . The chart is self explanatory, anyone can make a guess from here

MDSADI Jun 13, 2020

VISM has been dumping forever and shareholders losing money consistently. Yet, i took a position on the long side recently. The company recently filed a 8K with SEC stating about its agreement about getting an exclusive right to market a cyber security technology called Cygraph . This is originally developed by an NFP named MITRE who created this framework with...

MDSADI Jun 13, 2020

I am long term bullish, but just can't find more catalyst now for the strong breakout above $1800. We already know rates are not going back up soon, we have more QE but no negative rates for sure. With all this facts, it should cross $1800 this month, if not then we should look for pullback sub $1600 to form the handle and then surge back up with fresh buying...

MDSADI Jun 13, 2020

Until 114 is taken out by a monthly candle close, it looks like cloud is offering resistance. We can aim for 105 swing trade as US election approaches before the end of the year. If price closes above 114 by end of June , then i would look to ride it to 118

MDSADI Updated  Jun 11, 2020

We are in uptrend , lets see if trend line resistance holds

MDSADI Updated  Jun 8, 2020

AUD is boosted as economy re opens amid all the positivity , though it seems they are priced in but the rally goes on squeezing shorts. So, i won't justify my trade based on current fundamentals rather would take it on a technical basis, my target is 1.89XX at least by July or get stopped out at 1.75XXX

MDSADI Jun 3, 2020

If you look closely, it might just look like sideways grind on weekly to break higher in next few weeks. As long as $1640 held on weekly basis, i would be careful with shorts. It might crash as many people are predicting, but i would just trade it on the long side as long as it keeps sideways within a range

MDSADI May 29, 2020

Technical : Looks like a back test of previously broken ascending channel, furthermore it can be viewed as descending channel has been broken, so a retest is due Fundamental : I guess gold already priced in an extreme response from trump on china, so when the announcement drops it would be a temporary spike to settle later with sell the facts Either way, if...

MDSADI Updated  May 27, 2020

With the absence of fundamental , taking this intraday short aiming for price below 1.21650. I would keep the stop loss tight during London session as GBP can do a wild run anytime

MDSADI Updated  May 27, 2020

NZD already tried twice to gain .62000 ground but it keeps on loosing steam, this is the third attempt so we can build short positions from .612-.61800 zone with stops little above .62xx

MDSADI Updated  May 26, 2020

Aud is getting a bid since we have risk on environment as economies are expected to re-open, however we have strong reversal zone ahead, unless price breeze through .66 on a daily closing basis, we can expect a re visit to .65

MDSADI Updated  May 12, 2020

Price failed to close below 1.079xxx on a daily candle and on 4 hr we have a double bottom, after some sideways choppy move it seems like price can head north and try the 1.09xx figure . Hence i would try a long around 1.082-1.083 area with a stop loss below 1.078xx on daily candle closing basis. I favor short in general , would switch to short when price attacks...