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AUD/USD Short Triggered and EOS Gives a THIRD Chance to Add to Longs

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Hey guys,

Why do people hate Mondays? Markets are open, the sun comes out and the rats go to work in their race, leaving the beach for me:

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That’s the start of a Sydney winter. ❄️💨

Yep, Monday’s are okay by me!




Forex Markets

Starting off with some Monday morning, forex market bread and butter trade to go with my Vegemite toast. This is a @forexbrokr textbook setup that just seems to work over and over for me. Find these types of setups that work for you and you won’t be able to even glance at a chart without one jumping off the screen at you.

So remember at the end of last week we had some AUD/USD shorts unfolding around this higher time frame zone?

AUD/USD Daily

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Well it looks like they’ve unfolded nicely on the intraday chart and I’m ready to smash it:

AUD/USD Hourly

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There’s your short term retest on the hourly above. This is a little different to the level I was looking to trade off in Friday’s blog, but even if you took that then, there was no higher high made and you’re sitting pretty right now anyway.

Good level that 👌🏻. Smash it!




Cryptocurrency Markets

There’s just something about EOS, isn’t there. So come on tell me. Have you bought EOS on the pullback, just like we’ve been talking about?

EOS/USD Daily

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Well I sure have been! 😎 This was the hourly add in zone from our previous EOS buy entry and just look at how well it was respected AGAIN:

EOS/USD Hourly

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I talk about markets giving you 2nd and sometimes 3rd chances to get in if we’re patient and this is just another example of that.

In a sea of cryptocurrency red, we have a green EOS:

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Very nice 👍🏻.




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AUD/USD Short Triggered and EOS Gives a THIRD Chance to Add to Longs was published on and last updated on 07 May 2018.