Thanks so much for that tip forexstrah
I checked out this mornings signal on on the site for NZDUSD and went long for a nice few pips so far!
Thread: Gbp/Aud
Thanks so much for that tip forexstrah
I checked out this mornings signal on on the site for NZDUSD and went long for a nice few pips so far!
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.
Just interested to know if anyone trades GBPNZD along with GBPAUD?
I kinda think that they have both have maybe got a long way to fall still? Maybe another 1000 pips - anyone agree?
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.
Hanif484 (2019-01-23), PAK (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
Hi Vladimir
I have emailed you - do hope you have time to reply.
Really great trading - pro trading in fact!
I think where I and possibly many small traders fall short is on the mental side - especially if you've had losses and you are trading high leverage - probably a fatal combination!
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.
Asif777 (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
I just saw this analysis through someone I follow on Twitter and this looks brilliant for a nice ride down. Any thoughts or critiques? Thanks to the original poster.....great chart!
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The string of news events as of late has done a wonderful job of hammering this pair down, if we close under 38.2% (1.556) then next target will be 50% (1.537)
while exposure is slightly greater for AUD than GBP on this pair, definitely locking some profit and keeping an eye for tonights GBP announcements. announcing another round of QE could weaken the pair and help bring down GBPAUD further
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Hanif484 (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
the swap for this pair makes it nice to sit on shorts
was able to move SL past entry before RBA announcement, and the expected cut rate seems to have helped
next target is 1.55614 (38.2%)
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Asif777 (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
Looks like we met resistance at the 23.6% level from the daily fibs
Still holding on to my shorts however, may close partial before today's AUD announcement depending on PA beforehand
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Interesting chart, I haven't heard of spectral systems before
The AUD news announcement was slightly positive, helped bring down this pair a little. It completed the head and shoulder and is now moving down again
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Hanif484 (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
Pound Sterling to Australian Dollar (GBP/AUD) Exchange Rate Recovery Limited as May Prepares Brexit ‘Plan B’
As anticipation mounts ahead of the unveiling of Theresa May’s Brexit ‘Plan B’ the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate has struggled to find any real traction.
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.
Asif777 (2019-01-23), Hanif484 (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
nice analysis, I've been shorting this pair as well
this latest retrace did test my nerves a little but now I see a nice H4 pinbar with stochs crossing over, on the H1 I see a head and shoulders forming.
there's still a gap from May 25-27 @ 1.60414, I'm not sure if the pinbar itself was an attempt to close the gap (17.5% closed) if not, there may be upward movement before dropping again
I'm monitoring carefully, but I think we're headed due south some more a break of 1.59150 would make me more confident, break of 1.5862 would strongly suggest more downtrend.
also keeping an eye on upcoming news announcement, hopefully something positive for the Kiwi and Aussie
haven't traded non USD pairs much, a little tricky figuring out how fundamentals play into the action. it feels a little uncomfortable holding onto a technically long AUD position when the fundamentals seem weak
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.
Asif777 (2019-01-23), PAK786 (2019-01-23), Tanveer333 (2019-01-23)
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