AUDUSD; My Price Action Secret For A Higher Hit Rate

2023年8月2日

Hey Traders,

The current trading setup we find ourselves at on the AUDUSD is one which displays many characteristics of a proper and professional trading plan.

You can see various times we have hit this levels and traders have formed a long bias. You can see therefore clearly that this area is preferred as a price to buy within the last 5 months.

This is what price action is all about; Seeing what has happened before and making a judgement for it on this basis.

You can repeat this if you DCA (Dollar Cost Average) further down on a price fall to key price action areas (long term longs).

Do this and you will find your hit rate rises.

Ask Qs below.

2023年8月2日

註釋

Getting long now at current price action zone.

2023年8月2日

註釋

Also to NOTE: We have hit the level various time so you can take MED Risk.

2023年8月2日

註釋

Further light DCA entries appropriate at labelled Long zone 2

2023年8月2日

註釋

Mega news day tomorrow, keep watchful eye over long entries 1 and 2.

2023年8月3日

註釋

.65 Ultimate DCA level with minor PA.

2023年8月3日

註釋

Still maintaining long positions on early PA Lower TFs

2023年8月3日

註釋

Out for long gains X2, relongs light .655

2023年8月3日

註釋

Entered early light longs on re push lower TFs.

2023年8月3日

註釋

Exit for
Longs exists far higher up.
Lock in gains (trailing / ITM)

2023年8月4日

註釋

Out for gains on trailing stop, re long now

2023年8月4日

註釋

KEY News coming out today. Keep eyes on AUDUSD. Exits come higher.

2023年8月4日

註釋

Lock in Part gains on the upmove and leave remainder.

2023年8月4日

註釋

Exit for full gains.

2023年8月4日

註釋

Minor light shorts entered

2023年8月4日

註釋

Exit shorts for gains looking lightly long into Monday.

Various gains taken throughout updates!

2023年8月5日

註釋

Various resistance levels in the way of direct move to higher tf resistance.

For this reason you may either HOLD or have various exits.

2023年8月6日

註釋

So now comes managing the further move. Post to come so stay tuned.

2023年8月6日

註釋

Oh and into Monday close out light shorts from impulse rebound

2023年8月7日

註釋

Likely any natural market move will take some time via weekly. Only light entries long just taken.

2023年8月7日

註釋

Market slow due to no sentiment. Await pickup as news moves in to the markets.

2023年8月7日

註釋

Out of light longs.

2023年8月8日

註釋

Very light re longs appropriate (with weak PA lower tf noted). Ease in carefully

2023年8月8日

註釋

very light due to Harsh downside PA. More reasonable longs come at further PA levels (again see new post that is coming)

2023年8月8日

註釋

Exit any light longs and stay holding off. Lack of sentiment tomorrow so may rely on THURS market moves

2023年8月10日

註釋

Watch for any CPI impulse moves. Very very light short entries applicable

2023年8月11日

註釋

Out of shorts on impulse.

2023年8月12日

註釋

Longs only lower than PREV low ( no local Pa)

2023年8月13日

註釋

Very minor impulse via lower tfs. Awaiting lower drips.

2023年8月14日

註釋

Light dips and light longs appropriate.

2023年8月14日

註釋

Lock in gains.

2023年8月16日

註釋

Maintaining long bias.