today i like to buy this pair @ 1.0310
my stop loss of the day @ 1.0270
half take profit @ 1.0345
and half @ 1.0367
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today i like to buy this pair @ 1.0310
my stop loss of the day @ 1.0270
half take profit @ 1.0345
and half @ 1.0367
AUD / USD now provides an excellent entry point for sale, the pair is in the north of the correctional stage and is currently testing for resistance 200 Rolling, near her full stop and visible signs of the presence of bears (long upper wick), I expect a reduction in area-week low - 0300 figure.
You need to play on aud / usd on the southern continuation of decline, the pair strayed from the blue alligator moving and formed the top 3 fractal, Stochastic divergence and formed a sell signal was broken and short-term support for 0360, I think to continue to reduce at least to the lower area of the fractal 0300 - there raised its profit.
though the AUDUSD has decreased tajampada day yesterday, and in the show in the picture I included the price has returned the sell zone, but I advise you to make a buy stop order or pending order at the price of 1.0395, the short term is the pair in conditions for longterm bearish but still in a strong uptrend so it still has the potential for a reversal again
elliott elongated flat correction down 1.0205 market should not go lower than 1.0215 after this move down it should go up to 1.0461 area
suport and resistances
res2 1.0609
res1 1.0461
pivot 1.0376
sup1 1.0228
sup2 1.0143
Here is my daily analysis for 17 april, using simple method, based open price
buy stop 1.0410 tp 1.0430 sl 1.0350
sell stop 1.0370 tp 1.0350 sl 1.0430
happy enjoy trading!!!
profit that you make about the same as my profit target on every order, and for the AUDUSD currency pair I recommend to do the buy order is currently at 1.0380 with a target price of 1.0400 profit. AUDUSD if possible will be able to move up towards 1.0439 and even 1.0467 as the image I showQuote:
Originally Posted by eenendha
From 01:21 17-Apr-2013 GMT
Till 05:21 17-Apr-2013 GMT
Buy
Buy at 1.0364
Take profit* at 1.0408
Stop loss at 1.0328
AUD/USD
(Last Price: 1.0369)
SELL, Entry = 1.0373, SL = 1.0413, TP = 1.0333
if wrong then BUY, Entry = 1.0413, SL = 1.0373, TP = 1.0453
AUD / USD Struggling Below 1.0400
One hour from Westpac Leading Index 00:30 GMT, AUD / USD last at 1.0391, still capped below 1.04, as long as the session is in a position to buy NY. Australian dollar along with a Kiwi, 2 weakest currency among the major currencies for the last 2 days of trading, recovering from 1-month lows at 1.0290 yesterday. The pair is down -1.12% for the week.
Hourly chart shows indicators heading higher in positive territory, and prices stabilized above 20 SMA bullish, "notes Valeria, he then added:" However, in the 4 hours chart indicators nearly correcting extreme oversold readings, while the SMA 20 SMA heading with a strong south around 1.0440 offers strong resistance on the rise. While the continued downside looks limited and buyers are still reported around 1.0300, higher path seems a bit difficult now, and further technical confirmation is needed to support a bullish recovery
Support: 1.0381, 1.0375, 1.0368
Resistance: 1.0407, 1.0401, 1.0394