Showing posts with label TRADE SETUP. Show all posts
Showing posts with label TRADE SETUP. Show all posts

Tuesday, March 8, 2016

AUDUSD - Trade Scalp for today 8th March, 2016

AUDUSD - Trade Scalp for today


Above is the 15 min chart

Hit support at 78.6 fib from yesterday low to high, which is confluence of the S1 daily pivot and also a expected level of support / supply demand area.
- I've drilled into a 5 min chart and even looked at a 1min chart to have a very good entry as I have setup an alert when price hits the 78.6 fib
Only risked 6 pips.

Will trail it once it hits 20pips+
Targetting around 30pips



Risk Level __


Tips -

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



Monday, March 7, 2016

AUDUSD - Trade setup for 7th March, 2016

AUDUSD - Trade setup for 7th March, 2016

15 Minute Chart





Outlook Trade opportunity
1) Short - counter trade so half your usual size risk. also only targetting 1:1 just to be safe

2) Long - Looking for price to go to .7370-80 and see what sort of pattern or price action we get for confirmation to long it for at least a 2:1 reward to risk

Risk Level High and Low


Tips -

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



Tuesday, October 6, 2015

AUDUSD & EURAUD FORECAST AND TRADE SETUP FOR WEEK ENDING 9TH OCTOBER 2015

AUDUSD & EURAUD FORECAST AND TRADE SETUP FOR WEEK ENDING 9TH OCTOBER 2015


Hourly Chart

  • AUDUSD H1 chart with Ichimoku 1hr and 4 hr on the same chart - both indicating on a bullish trend
  • Bullish on both - targetting 0.7140 on a 1:2 risk to reward trade (64pips reward)
  • HOwever, once reached 0.7140-50 - potential Bearish trade will be on the lookout as there are few confluences
    • 2 x FIB Extention 
    • 1 Fib Retracement level
    • S/R zone
    • Will zoom into a 1hr / 15 min for short opportunity 


  • EURAUD H1 Chart - Bearish outlook / H4 Chart shown below - Bearish as well
  • Bearish view, targets 1.563 - on a 1:2 Risk to reward trade (250pips reward)



Outlook Trade opportunity

AUDUSD and EURAUD - please see above bullet points
these trades have already been taken yesterday (monday)

Risk Level - LOW


Tips -

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