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Audusdlong

AUDUSD - Daily Trade Idea - 12-Dec-22AUDUSD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
1
AUDUSD - Daily Trade Idea - 9-Dec-22AUDUSD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
1
3 Steps to find your Value per Pip with Forex - 4 decimalsDo you know how much money you’ll risk every time you take a Forex trade? To be an astute Forex trader, you’ll not only need to know your trading levels such as your entry, stop loss and take profit price, but you’ll also need to how much money to deposit into your trade to risk a certain portion of your portfolio. We’ll go through a three step checklist, you’ll need to find your ‘value per pip’ which is also known as your ‘rands risked per pip’. The ‘value per pip’ explained The ‘value per pip’ is the amount of money in your portfolio that you’re willing to risk or gain for every one pip that moves in or against your favour. If you choose a ‘value per pip’ of R5 and the market moves 20 pips away from your entry price, this means you’ll incur a R100 loss (R5 risk per pip X 20 pips movement). Similarly, if the market moves in your favour of 20 pips, then you’ll be up with a gain of R100. However, we all have different portfolio values and so the ‘value per pip’ will be different for each of us. That’s why you’ll need a checklist to follow in order to find your ‘value per pip’. 3 Steps to find your ‘Value Per Pip’ Here are the specifics for the trade Portfolio value: R50,000 2% Max risk per Forex trade: R1,000 Trade type: Buy (go long) Currency pair: AUD/USD Entry price: 0.7010 Stop loss price: 0.6970 Next, you’ll need to follow three steps: Step 1: Calculate the portfolio risk per trade Before each trade you take, you’ll need to know exactly how much money you’re prepared to risk. If you’re a risk averse trader, like me, you’ll risk 2% per trade. If you’re an aggressive trader, maybe you’ll risk 5% of your portfolio per trade. For this example, let’s stick to 2% risk. You’ll then multiply your current portfolio amount by the risk percentage you’re willing to lose in the trade. Here’s the calculation. Risk per trade = (Portfolio size X Max percentage risk per trade) = (R50,000 X 2%) = R1,000 R1,000 is all you are prepared to risk per trade, when your portfolio value is R50,000. Step 2: Calculate pips risked in trade The next step is to calculate how many pips you’re prepared to lose between the entry price and your stop loss price. As each pip movement is four decimal places on each currency, you’ll multiply the difference between the entry and your stop loss price by 10,000. Here’s the calculation: Trade risk in pips = (Entry – Stop loss) X 10,000 = (0.7010 – 0.6970) X 10,000 = 40 pips This means, you are prepared for the market to move 40 pips away from your entry before you’ll be taken out of your trade for a loss. Step 3: Find your ‘value per pip’ You now have all of the variables you’ll need, to calculate the ‘value per pip’ with your Forex trade. Here’s the calculation. ‘Value per pip’ = (Portfolio risked per trade ÷ Pips risked in trade) = (R1,000 ÷ 40 pips) = R25 This means, on your trading platform you’ll type in, R25 for where it says ‘Rands risked per pip’, ‘Pip value’ or ‘Volume’, place your entry price at 0.7010 and your stop loss price at 0.6970 in order to risk R1,000 of your portfolio. You have the three step checklist to find your ‘value per pip’ for every Forex currency that has decimals 4 points to the right. Trade well, live free. Follow for more daily Trading Tips and lessons I've gained over the last 20+ years. Timon MATI Trader
Education
by Timonrosso
1
AUD/USD:BUY From Support Area For a LONG Setup The AUD/USD appears to be within a bullish bias, as described yesterday after the price rebounded on the support level in confluence with the dynamic trendline. After yesterday's strong bullish impulse, the price appears to be regaining strength today. The stochastic is still in an oversold area with the current divergence. Last but not least, the price appears to have reversed into a Head and Shoulders pattern, and our forecast remains bullish. 
Long
by FOREXN1
24
AUDUSD - Daily Trade Idea - 8-Dec-22AUDUSD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
1
AUDUSD - Daily Trade Idea - 2-Dec-22AUDUSD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
AUDUSD- Not Afraid To Push Higher, A Buyers GuideHi traders! We have seen the buyers show AUD love this week on AUDUSD. For me, I've not traded this pair in a couple of months. My rules for my setup have not completed in awhile, but hopefully, that will change. Let's talk about why this could be such an amazing buying opportunity! 1) Price is trending up. If you are a trend trader this is the perfect setup for you. A trend trading system works well when price is creating higher highs and higher lows. This is the creation of an uptrend or development of increased prices. 2) We love discounts! When price is trending up the idea is to buy low or as stock traders say, buy the dip! In order for that to happen, we must wait for a pullback a.k.a. a retracement. A pullback is a discount in price before price increases again. You my friend want to profit when price makes it's way back up. For example, I'm going to sit on my hands to observe when price will decrease to my estimation zone. My estimation zone is a simple rectangle that highlights an area of exchange rates where I desire price to show me a buying opportunity in this uptrend. I'd love to know where you'd place you structure to buy😉 3)The risk to reward is amazing! I'm a FOREX MOM who loves to keep trading simple. So, i swing trade and keep my target profits simple. My goal here is to trade back to the high and up past the high to 0.69155(my personal target. It's ok if yours are different). My first RR is 1.65. My second RR is 2.37 A quick tip for you if you're a swing trader like me, prepare to hold the trade for a few days, maybe a week or so. This way, you do't over trade the pair. How to manage the trade? 1) Price may not pullback right away, but the entry and stop loss will stay the same. Unless price makes new highs and lows, this is the setup. 2. If all rules are met, it will be TRADE TIME!!! I'll personally move trail my stop loss when price reaches 75% of my TP. I'm interested to know how you'll manage your trades😊 Welp, thanks for reading my quick analysis and let's pray the trade goes well. Happy trading! Shaquan
Long
by ShaquanLopez
5
AUDUSD buying opportunity | 1 December 2022On the H4 timeframe, an ascending AUDUSD came to tap the 0.67500 resistance zone several times where a falling wedge can be seen and a slope of higher lows began forming after 21 November. By around 1 December supply became exhausted and gave in to growing demand, where price finally broke through the 0.67500 resistance-turned-support zone. Price was also fuelled by a shift to risk-on market sentiment following hints at a potential easing of Covid restrictions in China, while the Greenback nosedived after dovish FOMC statements further elevating AUDUSD. We expect price to come back and test the new 0.67500 support level where we forecast a subsequent bounce to the next resistance level at 0.68900. Stochastic RSI has dipped into oversold conditions, while an upswing above the Moving Average of the Bollinger band while currently staying within the upper bound indicates a bullish direction.
Long
by T3-Consultancy
AUDUSD - Daily Trade Idea - 1-Dec-22AUDUSD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
AudUsd could rise towards 0.7After breaking above 0.65 resistance, AudUsd accelerated its gains and reached a local top at 0.68 in mid-November. For the last 2 weeks, the pair was in correction and consolidation and has put a nice symmetrical triangle on our chart. As long as the price stays above the up-mentioned resistance/now support, bulls hold the upper hand, and odds are in favor of continuation to the upside. Buy dips against 0.65 could be a good strategy with a focus on R:R
Long
by Mihai_Iacob
2
AUDUSD H1: Bearish outlook seen, further downside below 0.6680On the H1 time frame, prices are facing bearish pressure from the resistance at 0.6680, in line with the descending channel, 23.6% Fibonacci retracement and M15 supply zone. A pullback to the resistance zone at 0.6680 presents an opportunity to play the drop to the next support target at 0.6630, which coincides with the graphical resistance-turned-support level and Fibonacci confluence levels. Ichimoku cloud is showing signs of bearish pressure as well, supporting the bearish bias.
Short
by T3-Consultancy
1
AUDUSD - Daily Trade Idea - 28-Nov-22AUDUSD (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
1