Monday, 15 December 2014

AUDusdFx

The Forex mechanics are trading short on AUDusd this morning. We place a buy stop on 0.82223 and take profit at 0.81811. AUDusd is a very slow moving currency sometimes we stay in this pair for as much as three days for us to take profit. Meanwhile it is one of the most reliable pairs for trend trading .This is about 40 pips we will lock profit at 20 pips
However we have taken some profit on EURusd this Morning and we are entering again now to make another 20 pips. See the trade below

See the new trade below.

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We are seeing you later with a powerful analysis on GBPusd .
Shalom

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