how are you
date : 31 october 2013
chart: 30 min
I expect from this analyze that the price will go to down way
today I am giving one order
sell 0.01 at 0.9490
sl: 0.9600
tp: 0.9400
Printable View
how are you
date : 31 october 2013
chart: 30 min
I expect from this analyze that the price will go to down way
today I am giving one order
sell 0.01 at 0.9490
sl: 0.9600
tp: 0.9400
Todays trading analysis. AUDUSD shows flat or say no movement or sideway. In 4H chart it spikes from 1st support i.e., 0.94438 and a little up from pivot point i.e., 0.94789. It range between 0.94789 and 0.95174. If it breaks 0.95174 then you say that it strongly bullish and going towards 0.96295 or if it breaks 0.94438 then continue bullish as shown in 4H chart, here strong support 0.93351.
Pivot: 0.94789
Resistance levels
R1 0.95174
R2 0.95525
R3 0.95910
R4 0.96295
Support levels
S1 0.94438
S2 0.94053
S3 0.93702
S4 0.93351
Fibonacci pivot point result dayly 2013.10.31
Pair = AUDUSD
Resistance 3 = 0.9554
Resistance 2 = 0.9525
Resistance 1 = 0.9508
Pivot Point = 0.9480
Support 1 = 0.9451
Support 2 = 0.9434
Support 3 = 0.9406
Pair= AUDUSD
Result DeMark Pivot Point today 2013.10.31
S1= 0.9462 ,R1= 0.9536 ,O = 0.9482 ,H= 0.9515 ,L= 0.9441 ,C= 0.9483
The recent support of 55-day EMA suggests that some more upward gains should be taking place. At least today a move towards 95.40 to 95.60 resistance zone is expected but there is no good trade configuration considering the risk-reward ratio and hence no trade position is recommended.
the pair trade down the down trend in 1h chart
stochastic refers to down way
so the pair will continue to down way
so sell the pair and our target will 0.9435
stop loss will 0.9515
http://www8.0zz0.com/2013/10/31/09/114335808.png
Standart Pivot Point - Support - Resistance
Update: 30 Oct 2013 17:35
Time Frame : Daily
PAIR : AUDUSD
LOW : 0.9441
HIGH : 0.9515
CLOSE : 0.9483
S3 : 0.937
S2 : 0.9406
S1 : 0.9444
Pivot : 0.948
R1 : 0.9518
R2 : 0.9554
R3 : 0.9592
price has again bounced from daily lows and this sort of momentum is seen in countrend correction But I dont buy this I will sell the price after seeing how price reacts when it reached to test the swing high and if there is channel line or flag or wedge pattern breakout with candlestic patternQuote:
Originally Posted by saiansh23
regards
awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
down signal tp:30 pip
loss:20 pip
today i like to sell this pair @ 0.9492
my stop loss of the day @ 0.9527
half take profit for today @ 0.9470
and further half take profit @ 0.9455