Tag Archive for: AUDUSD
The Monthly – September 2020
/by Peter BrandtThe Monthly – August 2020
/by Peter BrandtAussie Aussie Aussie Dollar
/by Peter BrandtThere are reasons to believe the Aussie Dollar has entered a prolonged bullish trend. The period from the Jan 2016 low to present is analogous to the period from Mar 2001 through Jan 2003. An idealized drawing of this pattern – called a “Horn” by Schabacker – is shown within the box on the top chart. [See Schabacker, Study VII.]
The chart shown below courtesy of Nautilus Capital exhibits a very strong cyclic pattern in the Aussie Dollar — and the cycles are calling for a low.
The daily chart of the Mar futures contract is also shown. Factor is currently flat and I have no desire to chase this current rally. But I will monitor the Australian Dollar chart for a measured-risk buying opportunity.
Factor Membership
.
Peter Brandt is a 40+ year veteran of trading. Through his Factor Service, members receive:
.
View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work. Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about. For more information watch my 30 minute webinar where we cover the Factor service in depth.
I hope you will consider joining the Factor community.
.