Please remember that target on GBP/USD is a daily close below 1.4876. It is highly likely I will be taking profits on the hour close below it - anything lower I will treat as a bonus
There may be opportunities to scalp short on AUD/USD on the next 1min close above 1.0237 and GBP/USD above 1.4891. These are not official trend signals but rather pointers for your own trading technique and an opportunity to watch and see what happens
So this is what I have just done:
Reshorted GBP/USD at 1.4894 and 1.4897 Stoploss 1.4930 and AUD/USD at 1.0239 and 1.0240 Stoploss 1.0276 (these are the scalping signals)
Short AUD/USD now with stoploss 1.0304
More AUD/USD shorts have shown up in the last hour
I believe the next likely shorts on AUD/USD will come at the 1 min close above 1.0315. This was a level created by price approx. 2 weeks ago. As a bare minimum I would place limit sell orders at this price with stoploss 1.0362. Better still if trading live I would like to use a stoploss 35 pips above the 1 min candle close that triggers the order. We are close - let’s wait and see. I hope this is the case
We have our shorts now at 1.03211 at 12.20 gmt
me too shorted from 1.03
I am seeing new sells on AUD/USD at 1.0332
[B]Next short on AUD/USD I see on a 1 Minute close above 1.0331[/B]
I have shorted AUD/USD again, for now I will be using sl 1.0391. I believe that the 1.0356 that was breached overnight was the price level price needed to react with before the bear trend continued 1 min closes above 1.0382 would be great shorting opportunities if they come along
I have treid on a EUR/USD short with sl 1.2992 - this is not an official trend signals but a work-in-progress type of trade that I am perfecting.
New aud.usd short now with sl 1.0391 that I have taken onboard in a similar style
seeing more aud/usd shorts now at 1.0355 with sl 1.0391:45:
15min closes above .0362 may signal powerful shorts on au
GBP/USD may be looking for a 15min clean close above 1.5110 for the next short
IMHO the best selling chance on AUD/USD today so far
QUICK UPDATE ON GBP/USD: IT MAY ACTUALLY FALL AFTER REACTING CLOSING ON 15MIN CHART ABOVE 1.5049. i advise taking both entries and using a disciplined stop of 30-40 pips on each trade
reshorting au with sl 1.0411
1.0423 is also showing to be the final SL for AUD/USD. Its been rough ride on AUD this week - let’s see if this is were the drop comes in