Thanks alot for your insight Sive! Coupled with the Aussy unemployment figures this week too, I expect a move downward, and the market is forming H&S on hourly right now (completing the right shoulder as I post), I'm just trying to figure out where it will stop and find support. Thanks again!
Hey Sive!
I've been following your analysis' for years and years... I have a request, could you please do an analysis of AUD/USD for the upcoming week? Before tomorrow hits if its not too much trouble? becausei want to make sure that i'm ready for the week ahead and I have a couple sticky...
You are a God among men Asif, excellent trading.
I have finalized half my TP's to 1.20250, and will be applying a similar strategy to yours rather than fully closing the trades. Thanks for your advice, even I am not making that much. :)
LOL
This is true, however.... I do have my SL's and TPs in place, but just not sure how the situation will unfold. Enlighten me as to where you would TP? I do regularly make money from this, more than my job! lol, but actually in my head i have a rough plan, I have never written it down, as it...
And down we go !! Very good. :) did not even reach the resistance... So expect strong move downward now in my opinion.. But I am not sure where it will stop, where to put my TPs.
I cannot decide whether to close my longs and start shorting now or to wait till 1.233, for sure it will slump down after hitting 1.233, but it does not look like it even has the power to reach that level based purely on price action, even these positive US news events making chaos on USDJPY has...
I suggest you guys to keep on sticking with the technicals, as Sive says, 1.2330 - 1.2360 should be perfect area to sell from, I have my buy stops at 1.23200 and will be selling a small bit from this level, then adding 2 more sells if it gets to 23300 / 23600. Sive also says its very common for...
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