AUDCHF

[K_Robdog]

Howdy traders, one of my new years resolutions was to share more of my trades and analysis in order to help out some newbie traders and attract some good karma.
Taking a look at AUDCHF, it seems that we have bounced on the lower boundary of the equidistant channel and are currently on our way up towards the top. We have also had a large spike in buying volume (not displayed on chart).
Let me know what you think 🙂

 

[Leebax]

Looks like a decent buy that. i think AUD will be strong for a long time, good time to enter on this pullback

 

[georgequayle]

Howdy traders, one of my new years resolutions was to share more of my trades and analysis in order to help out some newbie traders and attract some good karma.
Taking a look at AUDCHF, it seems that we have bounced on the lower boundary of the equidistant channel and are currently on our way up towards the top. We have also had a large spike in buying volume (not displayed on chart).
Let me know what you think 🙂

I love reading everyones analysis, keep them coming

 

[DT77]

I'm not so sure this one is going up. Maybe short term but long term I see it falling...

 

[James_Burt]

Thanks for the analysis I’ll be checking back on this pair Monday.

 

[walpants]

nice, you should be in some nice profit now, wish i saw this earlier

 

[K_Robdog]

Price has come back to entry point and kissed the bottom line of the channel. I managed to take out some profit when I saw it turning and got stopped just above my entry on the remainder.
I'm looking to renter another long somewhere around 0.6625.
The one thing we need to really watch out for on this pair is the potential Australian central bank rate cut next month.... This could really make the price drop.
As always, make sure you have good risk management in place.

 

[DT77]

Good luck fella, still a risky buy imo

 

[K_Robdog]

There is still time to get into this one. Price is back near entry point, on the lower band of the channel. We are in positive swaps with this trade too, so very happy to be holding it. There has also recently been a huge spike in volume which appears to me to be bullish.
It's not going to be a straight line up to take profit, so should be plenty of opportunities for swagging some cash and re-entering the pullbacks along the way.

 

[Zack King]

Howdy traders, one of my new years resolutions was to share more of my trades and analysis in order to help out some newbie traders and attract some good karma.
Taking a look at AUDCHF, it seems that we have bounced on the lower boundary of the equidistant channel and are currently on our way up towards the top. We have also had a large spike in buying volume (not displayed on chart).
Let me know what you think 🙂

will defintiely appreciate that mate, thanks

 

[georgequayle]

This looks right to me

 

[sebking1986]

Safe havens are strong at the moment but can cleary see your thinking. Risky buy for me but good luck! Be watching with interest.

 

[pezza55]

Down Down Down we go where we stop knowone knows! I hate this pair massive move down and need to see a retrace soon!

 

[Alanmarshall]

You make good profits on this pair?

 

[REB_FX]

Risk that this pair could of entered completely uncharted territory but its faked out for now and looking long again.

 

[DT77]

That sinking feeling...….

 

[walpants]

looks like it sticking to its downward trend