AUDCAD
Strong Sell - Return to Previous Level move
Interest rate stayed the same but it shot up any way it's supposed to be negative for the currency omg!
"if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish."
Has crossed point of control trend was down and has further to drop below on higher time frames, Aussie have 2 main cities locked down from Covid that can't be seen as a good thing for the economy that's what it's all about isn't it, Canada have Oil coming out the Ying Yang.
One has to be careful of fake breakouts of support that's why the entry is lower for some commitment hopefully, the hardest game in the world is forex trading no matter how many confluences you have on your side.
AUD Commodity Prices have happened but no numbers printed ?
Moscow has just opened they can sometimes make some big moves
Sentiment has changed from 94% Long this morning to 66% now so going short.
AUD 2nd on the Strength Metre CAD Bottom at the moment.
Lets See
Interest rate stayed the same but it shot up any way it's supposed to be negative for the currency omg!
"if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish."
Has crossed point of control trend was down and has further to drop below on higher time frames, Aussie have 2 main cities locked down from Covid that can't be seen as a good thing for the economy that's what it's all about isn't it, Canada have Oil coming out the Ying Yang.
One has to be careful of fake breakouts of support that's why the entry is lower for some commitment hopefully, the hardest game in the world is forex trading no matter how many confluences you have on your side.
AUD Commodity Prices have happened but no numbers printed ?
Moscow has just opened they can sometimes make some big moves
Sentiment has changed from 94% Long this morning to 66% now so going short.
AUD 2nd on the Strength Metre CAD Bottom at the moment.
Lets See
Trade fechado: stop atingido
Went on to Hit Target after hitting Stop Loss Suggest always use BE 10 pipettes buffer for Commission if it covers.
Set BE 30 pipettes take 30% profit there
Trail 10 pipettes after that
Aviso legal
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