200 Pips Profit Opportunity on AUD/USD


2018 Market Outlook

The Alpha Play 2018 Market Outlook report is ready for download.

In the report we share our analysis of the US economy, which in turn drives the overall global economy, what sector will likely to perform this year, the FX Outlook for 2018, why passive investing will be tough in the next 5 to 10 years, and the potential of a global deleveraging causing the next financial crisis.

Below is a recording video during one of our Traders Meetups where we shared the big opportunities we can profit from in 2018.

For more insights on how to trade and profit from the financial market this year, make sure you download and read through the Alpha Play 2018 Market Outlook.

200 Pips Profit Opportunity on AUD/USD

After the first official trading week of 2018, activities in the market are starting to pick up, and we are seeing volatility coming back.

We are seeing an ideal technical setup on AUD/USD.
In addition, we do have the US Core CPI and Core Retail Sales data coming in on Friday.
The release of these economic data might act as a potential catalyst to strengthen the US Dollar, potentially giving us a nice confluence for the short setup on AUD/USD.

On the AUD/USD H4 chart, price has been ‘crawling’ higher. This is a term that we use to describe price losing momentum as it continues to move higher.

We are also seeing a RSI divergence forming. Adding on to our technical confluence, price has also reached the key fibonacci area between the 100% to 123.6% extension.

All these gave us an ideal technical sell setup on the AUD/USD.

What we need is a potential catalyst to push price down impulsively; and we are expecting the catalyst to come from Friday’s US data.

Core CPI and Retail Sales are forecasted to come in at 0.2% and 0.4% respectively. Should the actual data come in higher than the forecast, we will have a strong reason to take the short trade on AUD/USD, potentially targeting 0.7641 – 0.7685 area.

Come join us for our next WEEKLY ‘PROFITABLE TRADES’ SHARING SESSION this coming Monday (15th Jan, from 7.30pm to 9.30pm) where we share with you trade opportunities that you can profit from for the week.

See you next week!



A free weekly meet-up where Alpha Play coaches share our outlook on the current market trends for currencies and how current affairs will affect the financial markets over the short and medium terms. This information is useful to Forex traders and even non traders curious about currencies trading.

*** Limited seats available so be sure to book yours fast! ***

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A self-taught trader, Kar Yong was once featured in Channel News Asia’s Money Mind Young Investor. He was also featured as a Social Guru on the eToro social trading platform where he led the path for more than a thousand traders in confusing market conditions by sharing his trading strategies through forums and blog posts. Today, he teaches his proprietary 4 Pillar Forex Trading Strategy to students from all over the world.