Trading With Linorth
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#EURAUD - 2H - Buttom of the channel, if it holds the support here, it can move up towards its first target (first resistance) which is 100 pips.
Trading With Linorth
#EURAUD - 2H - Buttom of the channel, if it holds the support here, it can move up towards its first target (first resistance) which is 100 pips.
#EURAUD - H1 - #update - #EURAUD - H1 - last time I shared it I expected it to go up for 100 pips, it went up for 70 pips and reversed back down and now as you can see it has formed a triangle pattern
#EURAUD - broke out of the triangle - going for a 80 pips target
#EURAUD - since putting targets in pip amounts can be confusing, I'm going to put up flashes on my chart so even if you see the analysis late, you can see where was my target for the trade.
Trading With Linorth
#EURAUD - since putting targets in pip amounts can be confusing, I'm going to put up flashes on my chart so even if you see the analysis late, you can see where was my target for the trade.
#EURAUD - #Update - I'm still in with my buy orders, I think its creating a pullback to the top line of the pattern so I have a buy limit there (at 1.51505)

but I have lowered my target a bit (to about 65 pips from the 1.51505 order) so it can have a better chance of getting hit. and after this trade on this pair, I will look for a good opportunity to sell it since I expect it to create another swing high and then dive down.
Trading With Linorth
#EURAUD - since putting targets in pip amounts can be confusing, I'm going to put up flashes on my chart so even if you see the analysis late, you can see where was my target for the trade.
#EURAUD - #Update - even tho I closed my own order a bit sooner in 40 pip of profit It still hit the target we had on it. So congratulations to those of you who took the trade with me 😉
ok so here is our end of the week count, I will do a monthly count as well every four weeks, so we can keep track of our progress.


results of this weeks trades:


#EURNZD +280 pips
#AUDNZD -8 pips
#AUDJPY -15 pips
#EURAUD +150 pips
#AUDUSD -15 pips
#USDJPY -30 pips
___________________
total +360 pips of profit.



not as good as the past 2 weeks but still a good record.
#EURAUD - H8 - its in a very interesting place, if it holds the support here it can jump back up to that red area I have highlighted on top, but if not, it could move down towards the other red area.
#EURAUD - Daily
from a purely supply/demand view its in a very interesting area!

I think a small sell order at 1.61380 with a stop behind 1.62050 and take profit on 1.59600 wouldn't be a bad idea!