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Genghis
18. Okt. 2016 14:12

AUDUSD Oct'16 - Coiled spring 

Australian Dollar/U.S. DollarFXCM

Beschreibung

Coiled spring. I favour selling into resistance at the moment but most important levels to me are 0.7715 and 0.744. See which we hit first.

Trade ist aktiv

Short at 0.768, SL 0.7713

Trade geschlossen: Stop wurde erreicht

Broke north. Decision appears to have been made

Kommentar

Missed the long buying opportunity at 0.757

But we're heading into 0.776 now

Kommentar

Hoping we get sub 757 to get long

Kommentar

AUD a mess and all over the place but this could be long opportunity

Kommentar

Correct chart

Kommentar

Dollar soldiers on...
Kommentare
Genghis
Longer term potential trajectory based on model
Genghis

Decision made
Genghis

If you think the dollar continues its rampage from here then short with tight stop could be useful
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