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i think that we should buy AUDUSD as we have a strong moving up trend on the daily chart and i predict that AUDUSD will move up and we will but a stop loss @1.032 and take profit @ out tp1 @100%.
Last edited by hazem ahmed mohamed; 2012-04-28 at 03:50 AM.
I like the big rally we saw today in equities as it really improves the risk/reward profile of a lot of potential trades. One of my favorite short 'risk' trades is the AUDUSD, as I think the US Dollar may have set an important bottom.Target could be 50 pips lower - minimum.
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today i think in this pair the aud going week against the united state dollar in my m15 time frame chart.
current trend in sideways but near in selling area
you can put your pretty order in buying and selling zone
thanks
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
The pair is moving down on a trending down channel as shown in the chart , the pair has just slightly broke this down channel but we can't ensure that it will go up , we have two probabilities to move up or down back to the channel , this pair now @ 1.0384 is becoming too close of the resistance level @ 1.0404 (61.8%) , so we have to wait and see if the pair will break this level or reverse its direction and go down , for the first case to completely break the channel then break the level then i think it will be great chance to buy the pair with target point @ 1.0862 (100.0%) , for the second case to reverse direction and go down back to the trending channel i think it will be great chance too to make profit and sell the pair with target point @ 1.0256 (50.0%) , so we will have a very good deal and chance to make profit only if we wait to see what will happen with the resistance level that is facing the pair now . Good Luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
aud kafi had tk week ho gya hai usd kay muqably main is liay main to isay sell krny ki suggestion don ga
or main sell b kr liay hai apny m15 time frame kay mutabiq
is waqt to sideways hai pr juld hi nichy ajay ga apny selling area main
thanks dear aal traders
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i think that we should buy AUDUSD as i predict that it will move up ward as we have a moving up trend and also we have a strong support level@1.0278 our tp1 will be @38.2% as we have a resistance level @this level.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
very good sharing by mfttrader sharing.his chart analysis is nice but not 100%
current trend in side ways and near buy area zone in audusd chart
thanks dear aal trader and happy pips
thanks again
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
trend is bearish after ppi and cpi data came out weaker than expected and raised the rate cut possibility by RBA at next meeting.we have a bulish crab pattern in 1 hour timeframe.the PRZ is 1.618 retracement of XA leg ,placed at 1.0085 area.look at the picture for more details.
What wins cool headed and ability to change as fast as the market changes
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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