AUD/USD Short Triggered and EOS Gives a THIRD Chance to Add to Longs
Hey guys,
Why do people hate Mondays? Markets are open, the sun comes out and the rats go to work in their race, leaving the beach for me:
That’s the start of a Sydney winter. ❄️💨
Yep, Monday’s are okay by me!
Forex Markets
Starting off with some Monday morning, forex market bread and butter trade to go with my Vegemite toast. This is a @forexbrokr textbook setup that just seems to work over and over for me. Find these types of setups that work for you and you won’t be able to even glance at a chart without one jumping off the screen at you.
So remember at the end of last week we had some AUD/USD shorts unfolding around this higher time frame zone?
AUD/USD Daily
Well it looks like they’ve unfolded nicely on the intraday chart and I’m ready to smash it:
AUD/USD Hourly
There’s your short term retest on the hourly above. This is a little different to the level I was looking to trade off in Friday’s blog, but even if you took that then, there was no higher high made and you’re sitting pretty right now anyway.
Good level that 👌🏻. Smash it!
Cryptocurrency Markets
There’s just something about EOS, isn’t there. So come on tell me. Have you bought EOS on the pullback, just like we’ve been talking about?
EOS/USD Daily
Well I sure have been! 😎 This was the hourly add in zone from our previous EOS buy entry and just look at how well it was respected AGAIN:
EOS/USD Hourly
I talk about markets giving you 2nd and sometimes 3rd chances to get in if we’re patient and this is just another example of that.
In a sea of cryptocurrency red, we have a green EOS:
Very nice 👍🏻.
@forexbrokr | Steemit Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr
Instagram: @forexbrokr
Just recently learned that there was a thing called forex trading and technical analysis, somewhat soon after my interest on criptocurrencies started. Great post!
Haha well welcome to the family! 😎
Thanks! Looking forward to keep learning 😉
I am looking for a suitable broker, please direct me@forexbrokr
Hey mate. Can you DM me on Twitter so we can talk about what you’re looking for? I’m @forexbrokr there too.
Saya tidak memakai Twitter saya menggunakan WhatsAPP dan facebook.
Nice set up on the AUDUSD. Where do you see the AUDUSD heading longer term.
As a relatively short term trader, I don’t like to make long term predictions... But so long as the USD keeps appreciating as it is, I expect AUD to continue down.
I see...watch out for the sell orders on the dollar at $93 and $94.50.
PS - I love Mondays too.
Educational, thank you for posting this information.
You’re welcome, you big serpent!
Ssssss 🐍.
Word! As a trader i have always anticipated Mondays :) Weekends are cool, but a
piratestrader's life for meArrr me harties!
Good call on AUDUSD!
Find good quality levels and trade them. You won’t go wrong long term.
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STOPCheers guys!
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