AdamFx42's Blog

Avatar

My AudUsd and NzdUsd longs stuck for now

My Aud and Nzd longs are not moving today

I seem to be stuck around 80K, after losing some in a GbpUsd long
that I closed quickly when it failed
I opened AudUsd and NzdUsd longs but these are stuck on significant levels
AudUsd around 0.75 and NzdUsd around 0.7
I will have to wait
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

Bit of drawdown but could be alright

I am currently suffering some drawdown due to my EurUsd long
I went long EurUsd around 1.045 - and that was a bit too high
I added a NzdUsd and a AudUsd long, and they are about break-even
I anticipated some drawdown - but I still see 1.04 area holding
Things looked good last night when we hit 1.05, but UsdJpy is stronger today,
bringing Eur down a bit
I will hold on to my long Eur, in anticipation of UsdJpy failiure above 1.18 again
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
oderum Kommentare zu hinterlassen
Avatar

AUDUsd pushing to break long term downtrend

AudUsd is looking to challenge long term downtrend
Looking at the weekly chart I see a long term downtrend:
Indicators (DiNapoli) and SMA's are pointing to bullish action, though
And a shorter term trendline seems to be leading the pair up to longer term downtrend upper border
On the daily chart it becomes more clear:
Here too, indicators are mostly bullish, and we can see price action playing out
I believe that longer term trendline will be tested and should hold at first
The daily trendline sh…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
AdamFx42 avatar
AdamFx42 5 Aug.

Pair is looking bullish now, after pushing above 0.76 (after RBA rate cut!) and staying above that level even after strong US data today - my target seems near now

AdamFx42 avatar
AdamFx42 15 Aug.

pair is slightly above target now - looking good

AdamFx42 avatar
AdamFx42 15 Aug.

Upper trendline has held the move up - as I predicted - probably a retest to come though, pair should be led slightly lower, as it is declining trendline, this means that 0.77 should be resistence now

AdamFx42 avatar
AdamFx42 21 Aug.

Price is holding just below target and above 0.76 support - I am happy

AdamFx42 avatar
AdamFx42 26 Aug.

Right on target now - nice

oderum Kommentare zu hinterlassen