Haynes6EU's Blog

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Blog 12/10: Buy AUDUSD

Hi Traders,
AUDUSD has decreased for several weeks after hit the high level 0.81. Price bounced back at 0.773, it's also fibonacci 50% level. I think it's time for buy AUD again. I will wait better entry. Let's see the daily chart:
Good luck to all traders
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Blog 7/7: Buy AUDUSD at demand area

Hi Traders,
Long-term time frame chart of AUDUSD shows that the pair is changing from neutral to bullish. Price adjusted decreasing since last weekend, I saw that supply and demand quite balance in 0.756~0.76 level now, so I think that would be good chance to buy at balanced area in smaller time frame.
Good luck
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Blog 30/5: Nice trade of this week SHORT GBP/AUD

Hi Traders,
The weekly chart of GBP/AUD shows bearish direction. I decided to sell this pair. The next question is to choose entry and exit point. The H1 chart shows 1.726x could be good entry point, lets see the chart below:
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Blog 29/5: Buy AUD/USD at Fibonacci 50% level!

Hi Traders,
The AUD commodity dollar has risen for the last two weeks from low level 0.733 to 0.751x. Price decreased to fibonacci 50% level at 0.742x at last weekend. I expect price continue to increase again from demand area. Let's see H4 chart below:
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Blog 24/5: Sell GBPAUD to 1.71

Hi Traders,
The crossed pair GBP/AUD had rallied from 1.6 to 1.76 level for a short time. I expect it's time for bearish correction till ahead UK general election on 8th of June. My first target is 1.71 and second target is 1.68.
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Blog 3/5: A nice SHORT AUDUSD position

Hi Traders,
The weekly chart of AUDUSD shows potential for price redution, so I decided to sell this pair in this week. Go into smaller timeframe to choose entry point: H4 chart shows good entry may be around 0.754 ~ 0.756 area. Let's see the H4 chart below:
Good luck
Haynes6EU
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AUDUSD - a bearish month in May

Hi community members,
Background: this forecast base on balanced distribution (supply vs demand; price oscilator and median). Because the technical contest is to predict price on 1st of June, so I use weekly chart for trend and range forecast; daily chart for price point forecast.
Weekly chart: shows persistent supply above 0.77 level, price still is in small range on the weekly chart. But median price in smaller time-frame is decreasing. I expect sell power stable and price can break lower in t…
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Update 1: We have a very nice week for bear. Prices fall freely the same way with copper price. The next support level may be 0.733.

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Update 2: Prices was in a down-trend. Market is rebalancing after fall sharply last week with the same direction of commodity prices. I wait new bear power after rebalance process finish.

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Update 3: Prices fall quickly to my target at 0.733 and bounced back to 0.74 in a consolidate process. My strategy is sell on rally with medium-term target is 0.72 and long-term even below 0.7 level.

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GBPAUD - Simple trend line! Is it time to Long?

Hello community,
The crossed pair GBPAUD hit the rising trend line in weekly chart. Is it time to long? GU hit and bounce from support level 1.41; AU have a resistance level at 0.713x.
Good luck to all
Haynes
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EURAUD - bounced back as hit rising trend line in D1

Hello community,
My first entry and blog this month
The D1 chart of crossed pair EURAUD shows a good chance to buy at low level when hit the rising trend line. D1 candle show reversal signal follow price action. My simple chart as below:
Good luck and happy trading to all
Haynes
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EURAUD - Sell as double top in H1

Hello community,
The chart of crossed pair EURAUD shows double top patterm in H1 chart. This pair is rebalancing after strong move up on last black monday, price is consolidating around new value area. Look at my chart for detail:
Good luck to all
Haynes
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