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tradingwizzard

Live Trading the Currency Markets

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Trade nr 1 Going LONG EURUSD here in 1.3674 with 1.3501 stop loss and 1.4040 take profit

 

the reason for that is, as you can see on the chart in the attachment, we have a B failure for this flat and I would like to think it is part of a second wave (even though this one will turn out to be a more complex one)......1.40 to come and there's a nice rr ratio for it

 

TW

STW15.thumb.png.b804dec398f23c500b7365f3cf81f848.png

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Trade nr. 2 Going LONG AUDUSD here in 0.8988 for 0.9756 take profit and 0.8817 stop loss

 

despite Gov. Stevens calling for 85 cents on the dollar for aussie, this is part of an irregular flat, the zigzag is completed to the downside for the B wave, and now the C wave should retrace completely the previous B wave.......so going long

 

TW

STW18.thumb.png.bf85e74740406c1efbb9959d79efbe39.png

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Trade nr. 2 Going LONG AUDUSD here in 0.8988 for 0.9756 take profit and 0.8817 stop loss

 

despite Gov. Stevens calling for 85 cents on the dollar for aussie, this is part of an irregular flat, the zigzag is completed to the downside for the B wave, and now the C wave should retrace completely the previous B wave.......so going long

 

TW

 

Im with u, Bullish at the moment...

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Trade nr. 3 Going LONG Eurgbp here in 0.8307 for 08488 take profit and 08250 stop loss

 

Double three running on the hourly chart calls for higher values to come and this contracting triangle looks poised to break higer.

 

In terms of fundamentals, CPI today in Europe may move the pair.

 

TW

STW22.thumb.png.75bbf68e818b8792211d03adcfdfb7c7.png

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I have a short on the Aud/Usd today and its looking pretty good at the moment, I was a little behind there for a while but it looks like they were stop loss grabbing so I'm not going to panic like I did yesterday and close out.

 

I think I'm going to let this one run for good or bad.

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I have a short on the Aud/Usd today and its looking pretty good at the moment, I was a little behind there for a while but it looks like they were stop loss grabbing so I'm not going to panic like I did yesterday and close out.

 

I think I'm going to let this one run for good or bad.

 

euraud flows today with the ECB to influence the pair

 

TW

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I have a short on the Aud/Usd today and its looking pretty good at the moment, I was a little behind there for a while but it looks like they were stop loss grabbing so I'm not going to panic like I did yesterday and close out.

 

I think I'm going to let this one run for good or bad.

 

As for me I am long on AUD/USD FROM 0.8894 STOP 0.8800 Target about 0.93 area. It is been in down trend for a wile time for pullback. We will see.:confused:

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As for me I am long on AUD/USD FROM 0.8894 STOP 0.8800 Target about 0.93 area. It is been in down trend for a wile time for pullback. We will see.:confused:

 

I like it to the upside too but flows are pouring out of aussie and euraud bullishness weigh on the pair as well...I am long too

 

TW

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As for me I am long on AUD/USD FROM 0.8894 STOP 0.8800 Target about 0.93 area. It is been in down trend for a wile time for pullback. We will see.:confused:

 

0.9005 will be the first level to watch for signs of a retracement or reversal unfortunantly for me i am short and will probably have to wait till some time next week for that to happen.

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I like it to the upside too but flows are pouring out of aussie and euraud bullishness weigh on the pair as well...I am long too

 

TW

 

Seems long atm gonna work out at the start of next week. i am keeping my fingers crossed as my short may prolong until any retracement.

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Seems long atm gonna work out at the start of next week. i am keeping my fingers crossed as my short may prolong until any retracement.

 

:)...employment data later in the week may be decisive...let's see if price manage to stay above 0.90 for the time being

 

TW

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Had limit buy from Friday at 0.8980 did not happen miss by 5 pips when opened charts was to late AUD/USD was above 0.9020 a bit to late, move my stop to 0.8933 about+40 pips if within 2-3 days it will pop up to 0.93 will take profit. Still have limit sell on EUR/USD AT 1.3759 will see.

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Had limit buy from Friday at 0.8980 did not happen miss by 5 pips when opened charts was to late AUD/USD was above 0.9020 a bit to late, move my stop to 0.8933 about+40 pips if within 2-3 days it will pop up to 0.93 will take profit. Still have limit sell on EUR/USD AT 1.3759 will see.

 

hi Youri,

 

Do you mind to share a chart on audusd (a bigger time frame if possible, like the 4h or daily chart? )

 

thanks

 

TW

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