All posts tagged EURAUD

Forex Scalping Strategy | 2016-05-18 EURAUD +7

Categories: Live Forex Trades
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EURAUD +7 2016-05-18 | Orange to White

Orange to white, Single level on the 1min timeframe with 15 pips back to the 1min boxes.
Little protection above so traded with a tight stop without any adding zones. Trade worked out to give an initial +6 pips with +9 pips taken on the second half giving a net +7.

Further details and help regarding trading forex price action scalping, with the forex Fib Matrix TimeLanes trading software, can be found here

Previous recording Forex Price Action | 2016-05-16 GBPUSD +8

EURAUD +10 pips 2016-04-27 | Extended Reversal

After a move up, EUR/AUD has broken to the short side. The grid pattern shows an extended reversal pattern, where the 1 min boxes are above the the lowest 5 min box (see red arrow) creating a checkmark pattern for the arrangement of the boxes. The trade initially goes against us but there is the opportunity to add at the the two column support on the 5 and 15min time frames. The add allows us to closed out our initial entry when it gets back to break even then take half at +7 and the balance at +11 giving us a net +9,

For more details about trading forex price action, with the forex TimeLanes trading software, please click here

Previous recording Forex Price Action | GBPUSD +10 pips 2016-04-26

EURAUD +7 pips 2016-04-06 | Orange to White

This is an Orange to White trade. EUR/AUD has broken out to the downside and has reached a staggered support level across all four time frames. The initial entry is a little premature but there is an add opportunity at the support on the 60 min time frame which allows Kash to mark a couple of pips on the first entry and +7 on the add.

If you want to find out more about the TimeLanes forexx trading software click here, learnhow it can help you develop and trade forex price action strategies.

EURAUD +6 pips 2016-04-05 | Extended Reversal

EUR/AUD is just in an extended reversal setup. You can see this in the way the 1 min boxes are below the lead 5 min box and price is at a resistance level on the 1 min time frame.. Generally you would like to see a larger gap between the 1 min boxes and the lead 5 min box so the trade was taken with some caution in mind. +6 pips

You can discover more about the TimeLanes fx trading software indicator here, find out how it can help you develop and trade forex price action strategies.

Live Forex Trading Room Trades [Week Eleven 2016]

The TimeLanes provide numerous different trading strategies and a wealth of trading opportunities. In this selection of trades we look at we have chosen a variety of different set ups and explained the reasoning behind each trade that was taken. If you learn to understand the way that often price cycles through a variety of stages trading opportunities become much more apparent. The dynamic nature of the TimeLanes shows the various stages of the price cycle in the patterns that are formed on the grids making recognising the stage at which price is at easier.

GBPUSD +6 pips [2016-03-15]

GBPUSD +7 pips 60 min Bounce Trade

GBPUSD move down to its 60 min box which is around 14 pips from the 1 minute boxes. The R1 & 2 boxes on the 1min are crossing indicating a change in short term momentum. The boxes on the 1 min time frames are indications of stronger support or resistance and if the 1 min boxes are 15 or more pips away increasing the probability of price stalling and or retracing at the level.

EURAUD +7 pips [2016-03-15]

EURAUD +7 pips 1 min Pre-emptive Reversal

EURAUD is in a Pre-emptive reversal pattern on the 1 min time frame with the S1 and S2 crossing over and price retesting the R3. This type of trade happens after a swift move up meets substantial resistance. The trade is taken when the S1 and S2 boxes have crossed and when shorting and are below the R3

GBPUSD +8 pips [2016-03-17]

GBPUSD +8 pips 5 min Reversal Trade

GBPUSD is in a reversal pattern as it looks to retest its lows. With the 1 min boxes over 20 pips away this gives an opportunity to go long at the 5min box with supporting 1 min level. This produced +6 half and +10 on balance giving +8 average

GBPUSD +8 pips [2016-03-18]

GBPUSD +8 pips Orange To White

In this Orange to White trade GBPUSD has dropped sharply down to a 1 min level. Although the supporting level on the 1 min is 20 pips away from 1 min boxes it has an increased risk as there are no supporting levels on the other time frames thus the trade was taken with reduced risk.

The above trades represent some of the live Forex trading room trades for Week Ten of 2016. Various forex TimeLanes set ups are covered and we try to mix up the trades as much as possible to show you different types of trades and set ups taken.

Live Forex Trading Room Trades [Week Nine 2016]

GBPUSD +6 pips [2016-02-29]

GBPUSD +6 pips supreme combo

Cable has moved up in early London trading to make a session high before retracing back to a block of support on the 5 min, 15 min and 1HR time frames with the 1minute boxes over 15 pips away and the white zone had shrunk. The pattern shows the 1 min, boxes leading the 5 min boxes indicating the trend long is still strong. The trade produced +6 pips.

GBPUSD +9 pips [2016-03-01]

GBPUSD +9 pips 15 min Trend Trade

Cable retraced back down to the 15 min L2 after an early move up. This is a great example of a fifteen minute trend trade. the 1 min, 5 min, 15 min & 60 min boxes are all in the correct stepped alignment with the gap back to the 1 min boxes of 25 pips indicating a strong trend up existed. This proved to be the case with cable delivering +9 pips.

EURAUD +6 pips [2016-03-02]

EUR/AUD +7 pips Supreme Combo

EUR/AUD moved up sharply shortly after New York open making new highs before retracing back to major multi time frame term support on the 1 min (L7), 5 min (L3) and the 15 min (L1) (Supreme Combo Level ). In addition the 1 min boxes led the 5 min boxes indicating a strong trend up remained with a 20 pip gap from price back to the 1 min boxes.

GBP/USD +7 pips [2016-03-03]

GBPUSD +7 pips Multi Level Resistance

Cable had moved down and made new session lows before retracing back to the a block of significant resistance on three time frames the 1 min L7, 5 min L3 and 15 min L1. with the one minute boxes leading the 5 minute boxes. This pattern of multi level resistance and has a high probability of success. In this case the trade too much longer than usual but yielded +7 pips for the scalp.

GBPUSD +8 pips [2016-03-04]

GBP/USD +8 pips Orange To White

Early London trading saw GBP/USD fall quickly with morning flows giving us good orange to white opportunities. The price moved quickly down to a level on the 1 min time frame which was 20 pips away from the 1 minute boxes which presented a good opportunity for a retracement back producing +8 pips.

The above trades represent some of the live Forex trading room trades for Week Nine of 2016. Various forex TimeLanes set ups are covered in this selection with emphasis on multi level support and resistance on retacements from a trending market on 5 min, 15 min and 60 min time frames.

Forex Trade Room: In Wednesday’s New York session for a while the best price action was on EURAUD pair. Kash took advantage with a series of quick profitable trades. In this trade EURAUD is over extended and he takes it off the of AUDUSD (EURAUD is what is known as a cross pair so its price is driven by EURUSD and AUDUSD) band shades and makes +7 in short time.

Forex Trade Room [Forex Trading in 30 seconds] 2015-09-09 EURAUD +7 pips

Below, the 2015-09-09 EURAUD trade condensed into 30 seconds.

After a period of poor price action Thursday’s New York session sprung into life with Kash taking a #EURAUD long trade. It was a one minute trend trade determined by the crosses parental pairs EURUSD being at support and AUDUSD at resistance. The trade produced 6 pips.

Live forex trading room trades

[Forex Trading in 30 seconds] 2015-08-20 EURAUD +6

Below, the 2015-08-20 EURAUD condensed into 30 seconds.

 
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