Wednesday, March 19, 2014

AUDUSD - What upcoming resistance do we have in play?

AUDUSD - What upcoming resistance do we have in play?


Daily Chart


  • Fib Ext 127.20 is a strong resistance, and if we do break there, the next major is the completion of the cypher pattern.
You will see i have a Sell Zone which starts beneath this potential cypher pattern. Stops will be above 0.94 if i were to trade this for a medium / long term trade

I'll have a detailed analysis later guys.

Cheers



Hourly Chart


Outlook Trade opportunity

xx

Risk Level __


Tips -

Always take note of any economical news event on our provided calender below



AUDUSD Will It break into the 0.915-0.92 ? Today?

AUDUSD Will It break into the 0.915-0.92 ? Today?


Just a quick chart.

Cheers

How to join a meeting using Teamviewer

How to join a meeting using Teamviewer


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AUDUSD Example of Scalp during Asian Session 19th March, 2014

AUDUSD Example of Scalp during Asian Session 19th March, 2014

Wanted to show you another example of an easy scalp
Did not wait for a confirmation entry / noble entry on this one because of the strong level of confluence and the strong bullish momentum from the previous day

There was also a 5min stochastics divergence, and other TF stoch is also showing similar indication.

I risked 5% on this trade and got return 10% gain 

Cheers