The EURAUD is now at an interesting price level where the price have turned to the upside lately, but I am going to keep an eye on it and place a limit order should the Aussie manage to keep the Euro under pressure and possibly even break the 1.42 handle. if so I aim fo about 400 pips. Will take a few for this trade to trigger but worth the wait.
Since I only use the 240 TF for my trigger I am not concerned with the stochs reaching oversold area. The Daily and Weekly still show plenty of fuel.
Happy trading
Since I only use the 240 TF for my trigger I am not concerned with the stochs reaching oversold area. The Daily and Weekly still show plenty of fuel.
Happy trading
