Good for 150-200 pips I reckon !!!!!!!!!!!! (repost)
Okay so we got in post US NFP figs and have been riding it higher, got in @ 87.70 so were going to put a stop in @ 88.70 to lock in some profit of 100 pips, and i'm actually only doing this because we had the AUD/USD trade go against us 110 pips , when we were short @ 0.7840 so it levels out the books again ......
Anyway I said this will be good for 150 - 200 pips and with all the AUD bulls out there I believe this is still in play, we will be moving our stop loss gradually higher as this continues its journey towards our target levels
TP - 90.00 level
Happy trading people
Jul 14
Okay a good looking chart , its approaching the 0.618 fib line fast , In my opinion this has further to go, the AUD is creeping higher off the back of CNY 1.36% data, and the cross pair AUD/USD 0.22% is still creeping higher for now .
There are some factors in play here though :
1. We will not be entering until post USD CPI 0.11% data today @ 13.30
2. If the Greenback posts good figs, this will cause the USD bulls to get stirred up and the pair mentioned earlier will start to retreat off the back of profit taking , this could have an effect on our cross pair , but it could also play in our favour on the USD/JPY 0.05% cross rate . For this reason we will be watching to gauge the MKT reaction before we go long, as the 0.618 could act as support and not resistance.
3. If the Tier 1 data disappoints today then up we go for sure.
4. Monday, Tuesday and Wednesday next week are where its at for the AUD, so expect this to get thrown around a bit !! again all this could play in our favour .
5. Its a risk on tone right now, JPY outflows are taking place.
So long entry post US Data, will post all entry levels, stop loss and profit targets then ...
Stay tuned and happy trading and always remember its not all about work , Enjoy your weekend, I hope you have a good one where ever you are.
Anyway I said this will be good for 150 - 200 pips and with all the AUD bulls out there I believe this is still in play, we will be moving our stop loss gradually higher as this continues its journey towards our target levels
TP - 90.00 level
Happy trading people
Jul 14
Okay a good looking chart , its approaching the 0.618 fib line fast , In my opinion this has further to go, the AUD is creeping higher off the back of CNY 1.36% data, and the cross pair AUD/USD 0.22% is still creeping higher for now .
There are some factors in play here though :
1. We will not be entering until post USD CPI 0.11% data today @ 13.30
2. If the Greenback posts good figs, this will cause the USD bulls to get stirred up and the pair mentioned earlier will start to retreat off the back of profit taking , this could have an effect on our cross pair , but it could also play in our favour on the USD/JPY 0.05% cross rate . For this reason we will be watching to gauge the MKT reaction before we go long, as the 0.618 could act as support and not resistance.
3. If the Tier 1 data disappoints today then up we go for sure.
4. Monday, Tuesday and Wednesday next week are where its at for the AUD, so expect this to get thrown around a bit !! again all this could play in our favour .
5. Its a risk on tone right now, JPY outflows are taking place.
So long entry post US Data, will post all entry levels, stop loss and profit targets then ...
Stay tuned and happy trading and always remember its not all about work , Enjoy your weekend, I hope you have a good one where ever you are.
Trade chiuso: stop raggiunto
Okay we're out for 100 pipsNota
Guys if your still in this trade remember it might be safer to put a stop in place, as Asia session is going to be busy for this pair with AUD and JPY data due out , just an FYIhappy trading
Trade chiuso: obiettivo raggiunto
Right well this ended up being good for 140 pips until Gov Debelle flattened the moodhope you got in .......
Stay tuned
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.