AUDUSD; My Price Action Secret For A Higher Hit Rate
Hey Traders,
The current trading setup we find ourselves at on the AUDUSD is one which displays many characteristics of a proper and professional trading plan.
You can see various times we have hit this levels and traders have formed a long bias. You can see therefore clearly that this area is preferred as a price to buy within the last 5 months.
This is what price action is all about; Seeing what has happened before and making a judgement for it on this basis.
You can repeat this if you DCA (Dollar Cost Average) further down on a price fall to key price action areas (long term longs).
Do this and you will find your hit rate rises.
Ask Qs below.
The current trading setup we find ourselves at on the AUDUSD is one which displays many characteristics of a proper and professional trading plan.
You can see various times we have hit this levels and traders have formed a long bias. You can see therefore clearly that this area is preferred as a price to buy within the last 5 months.
This is what price action is all about; Seeing what has happened before and making a judgement for it on this basis.
You can repeat this if you DCA (Dollar Cost Average) further down on a price fall to key price action areas (long term longs).
Do this and you will find your hit rate rises.
Ask Qs below.
Uwaga
Getting long now at current price action zone.Uwaga
Also to NOTE: We have hit the level various time so you can take MED Risk.Uwaga
Further light DCA entries appropriate at labelled Long zone 2Uwaga
Mega news day tomorrow, keep watchful eye over long entries 1 and 2.Uwaga
.65 Ultimate DCA level with minor PA.Uwaga
Still maintaining long positions on early PA Lower TFsUwaga
Out for long gains X2, relongs light .655Uwaga
Entered early light longs on re push lower TFs.Uwaga
Exit forLongs exists far higher up.
Lock in gains (trailing / ITM)
Uwaga
Out for gains on trailing stop, re long nowUwaga
KEY News coming out today. Keep eyes on AUDUSD. Exits come higher.Uwaga
Lock in Part gains on the upmove and leave remainder.Uwaga
Exit for full gains.Uwaga
Minor light shorts enteredUwaga
Exit shorts for gains looking lightly long into Monday.Various gains taken throughout updates!
Uwaga
Various resistance levels in the way of direct move to higher tf resistance. For this reason you may either HOLD or have various exits.
Uwaga
So now comes managing the further move. Post to come so stay tuned.Uwaga
Oh and into Monday close out light shorts from impulse reboundUwaga
Likely any natural market move will take some time via weekly. Only light entries long just taken.Uwaga
Market slow due to no sentiment. Await pickup as news moves in to the markets.Uwaga
Out of light longs.Uwaga
Very light re longs appropriate (with weak PA lower tf noted). Ease in carefullyUwaga
very light due to Harsh downside PA. More reasonable longs come at further PA levels (again see new post that is coming)Uwaga
Exit any light longs and stay holding off. Lack of sentiment tomorrow so may rely on THURS market movesUwaga
Watch for any CPI impulse moves. Very very light short entries applicableUwaga
Out of shorts on impulse.Uwaga
Longs only lower than PREV low ( no local Pa)Uwaga
Very minor impulse via lower tfs. Awaiting lower drips.Uwaga
Light dips and light longs appropriate.Uwaga
Lock in gains.Uwaga
Maintaining long bias.
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Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.