AUD Weekly and DailyOnce again the Weekly balance point is going to help define the trend next week, and any upside move would be towards the September 50% level.
Once the trend is defined, then the 5-day 50% level will help with some probability patterns during the week.
Last Week we can see the 3 probability patterns using 5-day 50% level reversals.Tuesday, Wednesday, and late on Thursday going into Friday.
Once price was trading above the 3-day filter on Friday the bias was to continue higher, so short trading was open to Risk.
Trading:- AUD was the best spread for me last week, even though most of my trades weren't always based on those same probability patterns, but instead using the spiral filters, which aligned with my timezones.
7 trades:- +30, +26, +23, +35+ 67+ 31 , -16 = 196 pips
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YEN/USD
The YEN looks like a'dogs' breakfast, but the amount of rotations that occur in the YEN often provide the opportuntity that a 'spiral-Trade' is going to take place.
If it alignes with a Spiral filter then there could be a number of trades taken, until it fails
It also helps that the YEN has been in a tight sideways pattern.
Last Week I made more trades on the YEN, even though the AUD made more....
YEN +33 +24 -11 -13 +16 +28 +17 +13 +35 –11 = 131 pips
