maxw3st

EA trend following

maxw3st Uppdaterad   
FX:EURAUD   Euro / Australiensisk dollar
Currently short ea from 1.66808. Waiting for the pair to get back up to around that level to add. It is just under the 50% of the retrace of January's spike high.
Handel aktiv:
The pair has retraced to one of the points of support from the last leg up. It appears to have started the next leg. Given how heavily manipulated both underlying currencies are generally, it's difficult to project normal trading expectations here. It should proceed on another leg up of approximately 375—500 pips. This would get into the range for entering short to add. Otherwise I'll wait till it does. Looking for a minimum of 1.6456.
Handel aktiv:
EA is set up for a move higher into the zone to add short.
Handel aktiv:
200 to go for the bottom of the shorting zone. A couple more major 50% levels to go, two down.
Handel aktiv:
once past the reference 50% here, it could go for the Jan hi at 1.68. The measured move is to 1.6488.
Handel aktiv:
expecting a 2 day correction here and then continuation as noted above
Handel aktiv:
continuing to work at the 50s. We may well see progress this week coming up from a 2 day correction.
Handel aktiv:
Significant progress this week in moving up through all the 50% levels. Closing in on the target area now. Limit short set for 1.6576
Handel aktiv:
Added to my short at 1.6624. Will wait for next swing up to a high and look for topping action. 1 more to add once a top has formed.
Handel aktiv:
On the weekly or monthly this is in an uptrend. The current high makes a double top with the Jan2 '19 high. Will add to the short once a top has formed.
Handel aktiv:
Added a short and closed it for 350 pips after the recent high. Holding 1 and waiting for the next swing up to a high (like the 1.68 area) to add.
Handel aktiv:
Possible longer term time/price line.
Handel aktiv:
Currently waiting for this to complete its next move to a high. I have a short waiting at 1.7024, but they may be adjusted as the pair gets into the zone.
Handel aktiv:
Still climbing slowly. Waiting for the next swing high to enter short.

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