Monday 30 July 2012

AUD/USD 30 JULY 2012


AUD/USD - follow me on twitter @fxdailyforecast and stocktwits.com/fxg
Price broke the B high giving us a new AB swing.

FOR TODAY:
We now need a retracement down to the 618/786 of this swing for a long entry.

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

SHORT: Will be going short only IF:
No shorts are considered during the retracement.

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 are looking for a retracement down to the 618/786 of this swing for a long entry.

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

No comments:

Post a Comment