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.
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Getting long now at current price action zone.บันทึก
Also to NOTE: We have hit the level various time so you can take MED Risk.บันทึก
Further light DCA entries appropriate at labelled Long zone 2บันทึก
Mega news day tomorrow, keep watchful eye over long entries 1 and 2.บันทึก
.65 Ultimate DCA level with minor PA.บันทึก
Still maintaining long positions on early PA Lower TFsบันทึก
Out for long gains X2, relongs light .655บันทึก
Entered early light longs on re push lower TFs.บันทึก
Exit forLongs exists far higher up.
Lock in gains (trailing / ITM)
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Out for gains on trailing stop, re long nowบันทึก
KEY News coming out today. Keep eyes on AUDUSD. Exits come higher.บันทึก
Lock in Part gains on the upmove and leave remainder.บันทึก
Exit for full gains.บันทึก
Minor light shorts enteredบันทึก
Exit shorts for gains looking lightly long into Monday.Various gains taken throughout updates!
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Various resistance levels in the way of direct move to higher tf resistance. For this reason you may either HOLD or have various exits.
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So now comes managing the further move. Post to come so stay tuned.บันทึก
Oh and into Monday close out light shorts from impulse reboundบันทึก
Likely any natural market move will take some time via weekly. Only light entries long just taken.บันทึก
Market slow due to no sentiment. Await pickup as news moves in to the markets.บันทึก
Out of light longs.บันทึก
Very light re longs appropriate (with weak PA lower tf noted). Ease in carefullyบันทึก
very light due to Harsh downside PA. More reasonable longs come at further PA levels (again see new post that is coming)บันทึก
Exit any light longs and stay holding off. Lack of sentiment tomorrow so may rely on THURS market movesบันทึก
Watch for any CPI impulse moves. Very very light short entries applicableบันทึก
Out of shorts on impulse.บันทึก
Longs only lower than PREV low ( no local Pa)บันทึก
Very minor impulse via lower tfs. Awaiting lower drips.บันทึก
Light dips and light longs appropriate.บันทึก
Lock in gains.บันทึก
Maintaining long bias.
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.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน
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.
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน