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    En Audusd 20150828 A

    Uploaded by

    Luca Ridolfo
    This trading signal provides analysis and recommendations for the AUDUSD currency pair. It notes that the 60-minute chart shows an upwards trend that is strong but neutral, while the 240-minute and daily charts show downwards trends that are weak to strong. Support and resistance levels are identified for each time frame. A short position was entered at 0.7095 with a stop loss of 0.7250 and medium probability of reaching take profit targets of 0.6910 initially and 0.6699. The first take profit target has been reached, with half the position closed and the stop loss moved to lock in profits.

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    En Audusd 20150828 A

    Uploaded by

    Luca Ridolfo
    5 views1 page
    This trading signal provides analysis and recommendations for the AUDUSD currency pair. It notes that the 60-minute chart shows an upwards trend that is strong but neutral, while the 240-minute and daily charts show downwards trends that are weak to strong. Support and resistance levels are identified for each time frame. A short position was entered at 0.7095 with a stop loss of 0.7250 and medium probability of reaching take profit targets of 0.6910 initially and 0.6699. The first take profit target has been reached, with half the position closed and the stop loss moved to lock in profits.

    Original Description:

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    Original Title

    EN-AUDUSD-20150828-A

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    This trading signal provides analysis and recommendations for the AUDUSD currency pair. It notes that the 60-minute chart shows an upwards trend that is strong but neutral, while the 240-minute and daily charts show downwards trends that are weak to strong. Support and resistance levels are identified for each time frame. A short position was entered at 0.7095 with a stop loss of 0.7250 and medium probability of reaching take profit targets of 0.6910 initially and 0.6699. The first take profit target has been reached, with half the position closed and the stop loss moved to lock in profits.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    5 views1 page

    En Audusd 20150828 A

    Uploaded by

    Luca Ridolfo
    This trading signal provides analysis and recommendations for the AUDUSD currency pair. It notes that the 60-minute chart shows an upwards trend that is strong but neutral, while the 240-minute and daily charts show downwards trends that are weak to strong. Support and resistance levels are identified for each time frame. A short position was entered at 0.7095 with a stop loss of 0.7250 and medium probability of reaching take profit targets of 0.6910 initially and 0.6699. The first take profit target has been reached, with half the position closed and the stop loss moved to lock in profits.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Trading Signal - 28/08/2015 - 16:00 (GMT +3)

    Instrument: AUDUSD
    by: Chief Technical Strategist Avramis Despotis

    Previous Close

    0.7147

    Change

    -0.25 %

    Current

    0.7147

    52 Week High

    0.9378

    52 Week Low

    0.7044

    30 Days ATR

    0.0060

    40 Weeks ATR

    0.0135

    Time

    60min
    CHART

    Next 3
    Days

    240min
    CHART

    Next 3
    Weeks

    Daily
    CHART

    Next 3
    Months

    Trend & Condition

    Upwards Strong

    Neutral

    Downwards Weak

    Overbought 1

    Downwards Strong

    Oversold 1

    Support & Resistances

    0.7131

    0.7159

    0.7085

    0.7206

    0.7010

    0.7252

    0.7050

    0.7250

    0.6910

    0.7360

    0.6699

    0.7540

    0.7050

    0.7440

    0.6920

    0.7575

    0.6710

    0.7800

    Comments

    The market is testing support at


    0.7131. We are waiting to see
    reversal signals in order to
    reinstate LONG positions. Next
    important support the 0.7085
    level.

    A Medium probability, entry


    signal to go SHORT was given at
    0.7095 after the market found
    resistance at 0.7250. Only the
    upward break of 0.7250 would
    cancel the bearish scenario and
    take us LONG.

    The TP1 has been reached. We


    closed 50% of our position and
    have moved the Stop loss at the
    lock in profits level (0.7200).
    Provided the market conditions
    will remain the same the TP2 will
    be reached soon.

    Position & Trade Entry, Take Profit & Stop


    Probability
    Loss Levels
    Position

    Entry

    SL

    BUY

    Trade P.

    TP1

    TP2

    Position

    Entry

    SL

    SHORT

    0.7095

    0.7250

    Trade P.

    TP1

    TP2

    Medium

    0.6910

    0.6699

    Position

    Entry

    SL

    SHORT

    0.7200

    0.7200

    Trade P.

    TP1

    TP2

    Medium High

    0.7110

    0.6920

    Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of
    investment research.

    12, Richard & Verengaria Street Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus P.O.Box 50626, 3608 Limassol, Cyprus

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