EURAUD SHORT - Potential Great Trade

Hello all

After being proven wrong a few times last week, now that the uptrend has been broken, I think this retrace and bounce will now start to enable AUD to gain some strength and cycle lower.


It coincides with my AUDUSD long trade prediction, therefore trade wisely before doubling your risk on AUD correlated pairs.

I am in on the 4 hour candle bearish pin bar from earlier today - I do expect it to cycle sideways for a bit before dropping lower. I think the FOMC minutes could be the catalyst.

Thanks for looking

Duncanforex.com coming soon

Handel aktiv:

Hi All

trade is still live and stops are at entry point

Handel aktiv:

Trade is still live - watching the current retrace to ideally move my stops lower than entry point.

Handel aktiv:

hi all, stops are at the 1.6160 area, lets see if another leg lower happens.

Handel aktiv:

Trades still active, second entry taken on daily timeframe , stops still in same area as above

Trade stängt: Stopp nått:

hi all - stops hit this afternoon at 1.6130 - other trade is still open on daily timeframe trade