Wednesday, December 11, 2013

AUD/USD short

One of my favorite trades lately is the AUD/USD short. Can also go long EUR/AUD or GBP/AUD, this time EUR/AUD would have been the best due to EURO strength.

Anyway, another excellent set up here to go with the trend, good for almost 100 pips from when the sell set up went off at 9140.  H4 momentum overbought, price fails at CPP at 9130, and boom.


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