AUDUSD: Huge breakout, similar to copper and iron ore

2016年10月1日

We have a potential breakout of considerable scale in the Aussie dollar chart. I'd highly reccomend entering longs if not in, you can risk either 3 times the daily ATR for the long term, or use Friday's low as your stop, more aggressively.
The target is the 0.8350 handle, to be confirmed after the bi-weekly time at mode signal on chart confirms. For now, it's not yet confirmed, but highly likely, so we can get in early on. I'm adding a shorter term entry here, on a break of Friday's high, with stops under Friday's low, to complement my longer term position in this pair.

Check out my copper forecast in the related ideas, as well as the oil an commodity index charts. We're in the brink of a massive move, that if confirmed, can be ridiculously profitable for all of us if it pans out like I expect it to. This also ties nicely with China's inclusion in the SDR basket today, OPEC's deal, fears of Deutsche Bank's failure dissipated, and Australia's fundamentals overall.

Cheers,

Ivan Labrie.

2016年10月3日

注释

Looks good, new high.

2016年10月3日

注释

We might break out of the range here today, keep an eye on it.

2016年10月4日

交易手动结束

I don't like the erratic price action in eurusd and audusd. I'm out for now.
Holding USDJPY long, GBPUSD short, XAUUSD short, XAGUSD short, NGAS long, USOIL long, and equity/commodity trades.

2016年10月5日

交易开始

Covered NZDUSD short for 1% profit.

Reentered AUDUSD long:

2016年10月5日

注释

This pair might soar:

2016年10月6日

注释

Close half of the long position.

2016年10月7日

交易开始

Went long AUDUSD and Copper again today, right after NFP.

2016年10月8日

注释

AUDUSD stopped, have to reenter on a break of Monday's high.

2016年10月19日

注释

After a test of support, the breakout is now fully confirmed...if we have daily lows above 0.7719 soon, it'll soar.