price now: 0.9089
sell price @ 0.9478
profit in pips :389
stop loss :0.9265
Resistance 1: 0.9133
Resistance 2: 0.9148
support 1: 0.9005
support 2: 0.8990
Thread: Aud/Usd
price now: 0.9089
sell price @ 0.9478
profit in pips :389
stop loss :0.9265
Resistance 1: 0.9133
Resistance 2: 0.9148
support 1: 0.9005
support 2: 0.8990
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the trend is still down
if indicates the trend is still trade down from :0.9090
Recommendation: sell
Take profit1: 0.9020
take profit2:0.8968
Stop Loss :0.9150
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the pair price already touched daily support 1 level (0.9040) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (0.9130).
so buy now from 0.9088
the pivot point will be my target
stop loss will be down the support 1 level (0.9040)
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how are you
date : 9 December 2013
chart :30 min
I expect from this analyze that the price will go to up way
today I am giving one order
buy 0.01 at 0.9085
tp : 0.9130
sl : 0.9015
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Pair = AUDUSD
Camarilla pivot point
R4 = 0.9173
R3 = 0.9138
R2 = 0.9126
R1 = 0.9115
S1 = 0.9091
S2 = 0.908
S3 = 0.9068
S4 = 0.9033
Monday, December 09, 2013
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On the D1 chart we see a similar situation to the USDCHF currency pair. Again we have a head and shoulders formation and a followed bearish corridor, which the price moves in. The price has just bounced from the lower level of the corridor, forming something like a double bottom formation (H4, and now it is expected to return to the upper level of the corridor. Since the corridor is not that steep, it should not be that hard to trade the correction to the upper level. We will probably see the price on the upper level of the corridor until the end of the week. We might even see the bounce from the upper level.
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Analysis for today09/12/2013
Resistance4: 0.9156
Resistance3:0.9133
Resistance2:0.9117
Resistance1:0.9090
Pivot Point: 0.9078
Support 1: 0.9055
Support 2: 0.9039
Support 3: 0.9013
Support4: 0.8990
Good luck
Last edited by laila; 2013-12-09 at 08:41 PM.
hi all,
i have my sell position @ 0.9676
to be safe set my T/P @0.9610
Also have a pending order buy@ 0.9580
lets see what happens.
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.
in 1h chart
the pair trade down the up trend
my entry price is : 0.9078
i see the pair will go down to 1st tp : 0.9020
2nd tp : 0.8980
3rd tp : 0.8925
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.
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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