EUR / AUD
- Thread starter SLT
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TopFroxx said:long from 30, same entryneat H1 orderblock at OTE and 20 institutional level.
Am looking at this type of movement, though i dont like that we did not quite break below
"4" - 1.47670 is a critical level for me, price also just reacted to it, possibly heading down from here, if we can sit on top of that level, there might be a chance in my book...
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TopFroxx said:i need to move to australia, so i can trade the asia session
ea dipped just below yesterdays previous low into marked long area (ote and h1 order block) and then took off. should have set a limit order.
Yep! i should have left some room for it to, it hit BE stop.
There could be another chance to get in on this long, at a later time/date
good work anyway, a profit is better than a loss.
Id say it is going for the liquidity above the 2nd April high
Aussie CPI numbers today could be giving it reason to
Hey guys, hadn't charted EURAUD until yesterday and took another trade on this beauty today, I must say upon first glance that this pair certainly achieves good swings/ its character seems to go further than most other pairs that I have traded, I wondered why this pair seemed to go the extra mile so to speak? This pair seems to go twice the distance! Good trades!
Tauranga said:Hey guys, hadn't charted EURAUD until yesterday and took another trade on this beauty today, I must say upon first glance that this pair certainly achieves good swings/ its character seems to go further than most other pairs that I have traded, I wondered why this pair seemed to go the extra mile so to speak? This pair seems to go twice the distance! Good trades!
Late reply, but AUD had it's own thing going on around the same time, so the 'extra mile' is/was related to AUD rebounding since it's lows in Feb. That helps pressures EUR/AUD to the downside when the Euro gets sold off.
Of course, hindsight is 20/20... It's better to keep an eye on multiple cross pairs and just focus on clean setups, they'll have various reasons to go into (and out of) periods of awesome moves, but your focus on your strategy and setups shouldn't change (..it's just the outcome that benefits.)
Tauranga said:I must say upon first glance that this pair certainly achieves good swings/ its character seems to go further than most other pairs that I have traded
This pair seems to go twice the distance! Good trades!
This quantifies your observations.
| ADR => | __5_ | _240 |
| EURUSD | _60_ | __76 |
| AUDUSD | _47_ | __82 |
| EURAUD | _93_ | _133 |
Can't tell you why exactly. Just wanted to try the table tool.
)Thank you Doc for the Average Daily Range figures, yes the EURAUD certainly has been making some very nice travels of recent when compared to the Majors! ) Good Trades!
) Good Trades!AusDoc said:This quantifies your observations.
ADR => __5_ _240 EURUSD _60_ __76 AUDUSD _47_ __82 EURAUD _93_ _133
Can't tell you why exactly. Just wanted to try the table tool.
