AUDUSD: CHANGE IN CHARACTER OF PRICE

H1=SX
PB Start & H1
Buy stop above Friday's high (2016-06-03)
Stoploss @ H1 low
Buy Closes of bears below and in PBs.
No Short term Target on( I have a Measured Move projection Target=Long term target in the neighbourhood of 0.88)
Use Trailing stop to bank gains.



In my much improved price charts reading, which I dubbed NEO-PA, ;) I would do less talking and less publications of different charts. I intend to do more updates to same charts, and also do live calls in @nmike's chatroom- www.tradingview.com/chat/

It is important for me to underscore here that, I do not inculcate News/Fundamental reasonings into my technical analysis, as I am not good at that exercise.
I also do not use any other indicator, apart from 20EMA(which I can do w/o, anyway ;) )
My analysis and calls are purely based on price action bar by bar analysis, based off the outcome of my obsession and immersion into charts over 8years of trading.

How can I finish off w/o saying this...........
I want to mention also that, I have borrowed one or two ideas from @timwest and @IvanLabrie , @jangseohee and @nmike and @Alexander_Nikitin .

I definitely cannot exhaust the list of people I have picked one or two great ideas from.
Thanks to everyone that taught me a thing or two


Im currently doing trading, full time for a living. And would like you to share in my private funds managment. If you have capital of not less than $50 000USD.
You can send me a mail to [e-mail] or PM me for a discussion today!


Updating.......

Komen:

News events are the fuel(oil) to our slow grinding machines. Lest I dont care bout ém.
RBA in roughly an hour time.
It might distor the otherwise orderly PA here.

Otherwise, I still see buy.
Depending.........
If negative news, we might get a better price, and a much improved R:R for this trade.

Eyes sticking out on this.

Komen:

AUDUSD_240: Counter trend short triggered
s3.amazonaws.com/tra...shots/i/iWiKu4hx.png

Komen:

AUDUSD_240: SMA(Sell Mode Activated) But massive supports below. Also, Blue Band= Daily PBZ(Possible Buy Zone) s3.amazonaws.com/tra...shots/d/DTFSCe2b.png

Komen:

Feel the bounce! s3.amazonaws.com/tra...shots/9/9uNHbzSR.png

Komen:

I'm buying on stop above MA . Very tight and SWEET definition for risk here ^_^

Komen:

Buy stop order helped to avoid unnecessary losses. Pricee is actually within buy zone, and needs to lift off, but I love to have market take me in on such setups.
I tend to do much and bar b y bar updates to my charts in NAKED TRADING ROOM =>
www.tradingview.com/chat/

Komen:

Price had no definite direction yet s3.amazonaws.com/tra...shots/y/y702ASry.png

Komen:

s3.amazonaws.com/tra...shots/e/EXU9snEV.png

AUDUSD: If we're going down indeed, then why does th organisation of a good down trend looks distorted...?
s3.amazonaws.com/tra...shots/p/pbUGBDhl.png