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Thread: My AUDUSD analysis and trades

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    TraderDTS is offline Help me, I'm new!
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    Default My AUDUSD analysis and trades

    My AUDUSD last week analysis:

    AUDUSD

    Based on the previous analysis of 240 min chart, the closest target along the trend was Т1-0.8925 (Fig. 1).

    Fig. 1 – 240

    The target was reached on Jan. 28, 2010, but the trade was not made due to a small estimated profit (Fig. 2).

    Fig. 2 – 240

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    TraderDTS is offline Help me, I'm new! I'm the thread starter :)
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    Default My AUDUSD forecast

    My AUDUSD forecast:

    AUDUSD

    Based on the weekly charts, the price moves upward, for the time being it has lingered near level 7/8, further rise is possible (Fig. 1).
    Fig. 1 - W1

    Reasoning from the daily charts, the closest target is Т1-1.0031 (Fig. 2).
    Fig. 2 – D1

    Reasoning from the 240 min chart analysis, the closest target along the trend is T1-0.8826 (Fig. 3).
    Fig. 3 – 240

    Reasoning from the hourly chart analysis, the closest target along the trend is 0.8734 (Fig. 4).

    Fig. 4 – 60

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    megamath is offline I'm a professional
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    Default

    Thank you for sharing the figures, I'm just starting out with the Forex trading thing, now I try to figure out how this can work best for me.

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    TraderDTS is offline Help me, I'm new! I'm the thread starter :)
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    Hello!

    I can't share the figures because forum doesn't allow to publish the pictures.

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    fxcbsar is offline Banned
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    Default

    Thank you for sharing the figures, I'm just starting out with the Forex trading thing, now I try to figure out how this can work best for me.

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