AUD/CAD looks like a Great Set-up to the Short Side
All I know about trading forex is that that the Ichimoku Cloud works very well. I am a trader, not an economist so I do not care about policies, global issues, all I care about is a supply vs demand curve. With that being said, the AUD/CAD looks like a Short Set-up using the 4 Hour Bar.
The Trade: Short the AUD/CAD at .995
STOP: .999
Target #1: .993
Target #2: .991
Target #3: .989
Target #4: .987
The Trade: Short the AUD/CAD at .995
STOP: .999
Target #1: .993
Target #2: .991
Target #3: .989
Target #4: .987