Australian Dollar Short-term Trends
AUS/USD: SHORT-TERM TRENDS
Following the Australian Dollar short-term:
The chart on the left is a slight continuation chart from a chart price prediction given earlier on this website in the member’s private section.
You can find the original post by going back to June 3rd of this year and taking a look for yourself.
On that original chart, prices were just going into the .9770 price area and into an anticipated high probability top area as determined by using the Excalibur Method.
What followed that anticipated top price area?
Observe the chart to the left where you’ll see that, indeed, prices for the Aud/Usd did top and start to decline from that very top price area.
These are short-term positions and evaluations for trends are also short-term oriented, but, the same process works for longer-term mega-trends which present much greater profit opportunities.
I’ve posted a copy of one of the charts from the June 3rd posting for your examination just below.
On this chart it’s clear what price area was attracting my attention.
It was the .9770 price area pointed out on the chart with a red horizontal arrow.
The top chart in this post shows just how precisely this worked.
What followed that top (and the current signals generated by the Excalibur Method approach to analysis) are visible on the chart below; but – only to members.
[private_Free Observers Level Membership] [private_Level 2 Elite Membership] WELCOME MEMBERS
Some AUS/USD Trend Progressions since June 3rd.
The chart to the left shows addition hypothetical Excalibur Method buy/sell points as well as another proposed top signal for the period from June 2nd to June 17th.
The present market as of the latest date is still in a downswing mode.
The upside resistance is located at .9625 and, if this resistance price is taken out, a strong move to the upside will be in order that could last 2-3 days.
The low side support price of .9500 will be important and if prices break this to the downside, then, we’ll have clear sailing downward to a strong support area of .9400 where prices should find pause. - George [/private_Free Observers Level Membership] [/private_Level 2 Elite Membership]
DISCLAIMER AND RISK DISCLOSURE
The content on this site and articles are provided as general information only and should not be taken as investment advice. All information on this site is given for educational purposes only.
The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.
NO MATERIAL HERE CONSTITUTES “INVESTMENT ADVICE” NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, BINARY OPTIONS, OPTIONS, FOREX, BONDS OR FUTURES.
WD Gann Lost Secrets.com & GR Harrison © 2013
U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures, Currency and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
All information on this website or any manual, course, module, e-book or software purchased from this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold www.money-tigers.com, the money tiger’s group and any authorized distributors of this information harmless in any and all ways. Any data and information is provided ‘as is’ solely for informational purposes, and is not intended for trading purposes or advice.