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I am also using 0.9467 for my ‘bonus trade’ as it is extremely low risk and big profit potential

Summary of AUDUSD shorts on Sell Megatrend that is beginning: 0.9483 / 12:15 gmt the TOP! of the swing, then my 2nd entry at 0.9470 / 13:45 gmt TOP! of the 2nd swing now 0.9447 / 23:15 GMTwhich will be the TOP! of the 3rd swing.

Hi,

I read a few of your pages on this thread. Do you still have a Skype chat room where you provide most of your signals? I googled you and found ur website but it requires a pw…and do you still use zulutrade?

we have a new short now on AUDUSD at 0.9458 at 10:45 gmt

I recommend a stop loss of 0.9487 (28 pips) and the Target is 800 pips + or even 1000-15000 pips

next short on AUDUSD now at 0.9467 at 11:00 gmt stop loss 0.9487 TP 800+ pips

15 min close above 0.9456 with not gap up will signify another short on AUDUSD and possibly the last

I was a little late, but still got a good 20 pips on Aud/Usd. Thanks!

0.9449 at 18:45 was the next AUDUSD short just a moment ago

stoploss 0.9490

Hi Folks
additional trade coming up - like a ‘bonus’/extra add on trade to the trend
There was actually a signal at 0.9409 with stop loss 0.9450
so I will enter on the close of this candle most likely with this stoploss

ok even though there was a gap up I entered short with a small position with about 20 pips sl

and now the next at 0.9435 with same stop loss

so to recap:
trade 7 came at 0.9459 at 22:30 gmt last night with stop loss 0.9487 and then trade 8 came in at 0.9410 at 06:00 gmt with stop loss .09450 HOWEVER I did not take trade 8 BECAUSE firstly I was asleep and secondly because of unique distribution of daily technicals on my chart I knew there was going to be a continuation impulse above 0.9420 which is what we got with trade 9 which came in at 0.9435 at 08:30 gmt so I entered this trade with the STOPLOSS for trade 8 (therefore only 15 pips stop loss). Let’s hope this works out and once price drops to new lows we will be able to adjust all of your trades on audusd so far to this new stop loss of 0.9450

If AUDUSD 0.945 holds then 0.9445 at 14:00 has 5 minutes ago been a short with a stop loss of only 4 pips :slight_smile:

[10/10/2013 15:18:32] prosperityfxpro: OK so based on price behaviour the lowest active sl is that belonging to Trade No. 3 = 0.9487
this is what I meant by we may only get 1 or two chances to reenter the trend
0.9475 is a possibility for a lower sl but I would rather not chance it
stick to what I am more confident in as a consequence to account for the fact that price has not crossed the 61.8% fibonacci retracement from the last swing - high of today to low of the day thus far, O have entered 2 small positions with sl 0.9487 and I am hoping to hold these until the trend ends.

I got in around 0.9457 for this last one

0.9468 a powerful short impulse to consider at 15:30 gmt on AUDUSD?

I will also watch a 5 min close above 0.94713

I think I may have finally sussed which reentries are the last one. It may be to do with the concept that once a retrace reentry is a confirmation of a previous one (i.e. instead of it being lower than the previous in a short trend it ends up higher - as in the example of TRADE 4 @ 0.9458 @ 10:45 gmt yesterday being a 15 min close above (ie. confirmation) TRADE 3 @ 0.9447 @ 23:15 gmt on 8.10.2013) So basically in this example from TRADE 4 we stop taking standard retrace entries and simply treat all price levels above the hits of TRADE 4 as entry points whenever we have a higher 5 min close and especially a 15 min close. Let’s see if this is what happens. This would mean than 0.9471 as the highest level price has reached since TRADE 4 wis the greatest point of resistance / supply level so far in the AUDUSD trend (of course all along this analysis assumes the trend being short). I expect I will explain visually in the form of a chart once trend is underway with more price development.