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Signals last Thursday were not triggered because none of the key levels were reached that day
AUD / USD signals today [19659003] Risk 0.50%
Transactions can only be made between 8:00 am and New York 5:00 pm, Tokyo time, during the next 24 hour period
Long Trade
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Long entry following a bullish action on period H1 immediately after the next contact of 0.7362.
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Put the stop loss 1 pip below
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Move the stop loss to balance when the trade is 20 pips in profit
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Remove 50% of the position as profit when the trade makes 20 pips in profit and leaves the rest of the position
Short Trades
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Short entry following a bearish action on the H1 period immediately after the next key of 0.7453 or 0.7479.
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Place the stop loss 1 pip above the local swing. [19659007] Move the stop loss to the breakeven point as soon as the trade reaches 20 pips.
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Remove 50% o f position as profit when trade is 20 pips in profit and leave the rest of the position to go up.
The best method to identify a clbadic "price reversal" is for a time candle to close, such as a bar pin, a doji, an outside or even just a engulfing candle with a higher closure. You can exploit these levels or areas by observing the price action that occurs at given levels.
AUD / USD Analysis
This pair is trading in a wide range, which tends to give long and short opportunities to with patience, which are ready to fade twists at extreme price levels. Although the image looks bullish in the short term, there is nothing here to change the larger picture. This could change later when the minutes of the RBA meetings are released, as there is currently some uncertainty about Australian monetary policy. Until this release later, I doubt that there are any good opportunities coming here.
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