AUD.NZD - Sell Stop Order
My basic Daily chart analysis on the AUD.NZD
I will be breaking this pair down on multiple other timeframes to give a better insight into what i am watching.
Have a good day!
I will be breaking this pair down on multiple other timeframes to give a better insight into what i am watching.
Have a good day!
Comment:
4h Chart setup.
Comment:
1hr EMA holding as support on multiple occasions, i am expecting a break and retest.
Comment:
The analysis behind the breakout.
Trade active
Comment:
Trailing stop loss now in place.
Comment:
Many have asked me if the position was taken or altered in any way due to news.
I run strictly on technicals so for me the news wasn't a consideration or a hindrance.
When backtesting my strategy i ran one with fundamentals and one without, taking news into consideration not only added subjectivity within my rules, minimised the amount of positions i took and the profit accumulated over a 5 year period.
I run strictly on technicals so for me the news wasn't a consideration or a hindrance.
When backtesting my strategy i ran one with fundamentals and one without, taking news into consideration not only added subjectivity within my rules, minimised the amount of positions i took and the profit accumulated over a 5 year period.
Trade closed: target reached
Comment:
Comment:
How i see AUD.NZD into next week.
