Gemeinschaft
Blog
AdamFx42's Blog

AdamFx42's Blog

Avatar

Sell entry hit in GBP/AUD

AdamFx42 Veröffentlicht 3 Aug.  in #Trader's blog #GBP/AUD #Short
I am short Gbp/Aud after my sell entry was hit
Yesterday evening I put in sell entries Gbp and Eur - Nzd and Aud crosses
as I feel like these crosses has risen too high lately
and retracement would seem in order
I put in four sell entries in Gbp/Aud, Gbp/Nzd, Eur/Aud and Eur/Nzd near previous highs
on the daily charts
This morning I found that my sell entry Gbp/Aud @ 2.1455 had been hit and I was up around 60 pips,
the pair has already retraced back to around opening level, though,
and I still a…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

Kommentar hinterlassen
oderum Kommentare zu hinterlassen
Avatar

GBP/AUD to break out of bearish channel

AdamFx42 Posted 13 Oct. as Analysis on GBP/AUD, Target: 1.9055, Date: 1 von December, 12:00 GMT  in #Technical analysis #GBP/AUD #Fibonacci Expansion #Bearish Channel #Bullish Indicators #Hammer Candle
Gbp/Aud is looking strong and ready for a next leg higher
This next leg will bring it above the upper border of a bearish channel
as we can see on the weekly chart:
Gbp/Aud weekly chart
The last weekly candle is a hammer - which is a bullish candle pattern,
the MACD signal is bullish, and the RSI is bullish, too
The 61.8% fibonacci expansion target of last weekly move lies above the upper border
of the weekly bearish channel that the pair is currently in
On the daily chart I have drawn out my pr…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

1 Kommentar
AdamFx42 avatar
AdamFx42 5 Nov.

The pair is finally testing the upper border of the weekly bearish channel,
a breakout could trigger a stronger move up

oderum Kommentare zu hinterlassen
Avatar

GBP/AUD closed in a bearish channel

AdamFx42 Posted 18 Aug. as Analysis on GBP/AUD, Target: 1.7641, Date: 1 von October, 12:00 GMT  in #Technical analysis #GBP/AUD #Fibonacci Retracement #Bearish Channel
Gbp/Aud is stuck in a weekly bearish channel
and the most immediate target seems to be the breaking of 50% fibonacci retracement
of the last move up, and down to 61.8% retracement line
On the weekly chart we see the bearish channel,
and we draw the fibonacci retracement of the last move up:
Gbp/Aud weekly chart
Zooming in within the weekly downward channel and on the daily chart
we can see that the 50% fibonacci retracement is being challenged
because the upper border of the channel will push th…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

6 Kommentar
ehr Kommentare anzeigen
AdamFx42 avatar
AdamFx42 29 Aug.

50% fibonacci should act as resistance now - and after some retracement up we should test 61.8%

AdamFx42 avatar
AdamFx42 3 Sep.

Price holding above 61.8% weekly retracement around my predicted target,
this was an excellent call on my part - but it went so quick;
I do not know if price will remain bouncing between 50% and 61.8% for long

AdamFx42 avatar
AdamFx42 6 Sep.

Strong move down has broken 61.8% support
looking for retracement back up to test support - now resistance

AdamFx42 avatar
AdamFx42 10 Sep.

Well, what happened is that the lower border of the weekly trendline has held, and price has bounced back up - broken back above the daily 61.8% retracement level, and is holding on my target
That all in a couple of days:    wow!

AdamFx42 avatar
AdamFx42 11 Sep.

Now higher border of the weekly channel is being tested again - it's a roller-coaster ride!

oderum Kommentare zu hinterlassen
Avatar

Looking for a good entry

AdamFx42 Veröffentlicht 1 May  in #Trader's blog #GBP/AUD #EUR/AUD #Looking For Entry #GBP Strength?
A mistake that I made last month was trusting Gbp strength too much,
and blindly buying all pound crosses - while retracement down was due first
This month I will be looking at a good entry point on 1 trade first:
Gbp/Aud (that or either Eur/Aud) depending on which hits a good entry level first
The key here is Aud weakness and a stronger move back down in Aud/Usd
while either Gbp and /or Euro are due for a move up
While data is weaker for Aud, and Aud/Usd should retrace back down to 0.9225 level…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

Kommentar hinterlassen
oderum Kommentare zu hinterlassen
Avatar

Another move back up

AdamFx42 Posted 25 Apr. as Analysis on GBP/AUD, Target: 1.838, Date: 2 von June, 12:00 GMT  in #Technical analysis #GBP/AUD #Fibonacci #Daily Stochastic Bullish Convergence
Technically Gbp/Aud seemes due for a move back up again
after putting ina low around 1.77 for now, and moving back up strongly to 1.81
Gbp is still a very strong currency and Gbp/Usd may still challenge 1.7 in the near-future
On the daily chart of Gbp/Aud we see the rejection of the lows and a bullish convergence
on the stochastic indicator:
If we draw a fibonacci retracement of the last move down on the daily chart
the 61.8% retracement, which would be a natural retracement in a bullish market …
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

3 Kommentar
AdamFx42 avatar
AdamFx42 10 May

With Gbp/Aud around 1.8 now, we will need to see a weaker Aud for a fast move up

AdamFx42 avatar
AdamFx42 17 May

very deep retracement seen down to 1.78 area - a break above 1.8 soon is my only hope to accomplish target area now

AdamFx42 avatar
AdamFx42 20 May

Aud weakness made the pair shoot up to 1.82 - still about 200 pips to target though

oderum Kommentare zu hinterlassen
Avatar

GBP/AUD heading back up again after retracement

AdamFx42 Posted 16 Feb. as Analysis on GBP/AUD, Target: 188.0011, Date: 1 von April, 12:00 GMT  in #Technical analysis #GBP/AUD #Fibonacci Expansion #Strong Recovery GBP/AUD #Daily Target
Gbp/Aud is back on its way up after a deep retracement, and upward momentum is strong
The daily target points to a level around 188
But first a look at the first weekly chart that shows us the channel the pair is moving in currently:
On the second weekly chart I have put the Fibonacci expansion of latest move up
and it points to an area of 197 - which is 61.8% expansion area
If we now move to the daily chart we can find that the weekly trendline can act as a support area
for the move up, and wit…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original

Da Sie nicht eingeloggt sind, kennen wir Ihre gesprochene Sprache nicht, nehmen jedoch an es ist Englische Sprache
Bitte loggen Sie sich ein oder wählen Sie eine andere zu übersetzende Sprache aus der Liste.

– oder –

Kommentar hinterlassen
oderum Kommentare zu hinterlassen