Monday 23 July 2012

AUD/USD 23 JULY 2012


AUD/USD - follow me on twitter @fxdailyforecast and stocktwits.com/fxg
Price retraced to the 382 of the AB swing thus far.

FOR TODAY:
We now have to wait for a retracement down to the 618/786 of this swing.

If we don’t get the setup we are looking for then we don’t trade.

SHORT: Will be going short only IF:
No trade set-up for a short.

If we don’t get the setup we are looking for then we don’t trade.

LONG: Will be going long today only IF:
We need a retracement down to the 618/786 of this swing for a long trade setup.

If we don’t get the setup we are looking for then we don’t trade.

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