Aussie has me very confused on fundamentals
Being a ‘Techie’ I attempt to look look at things through different goggles. I noted yesterday that i wasn’t sure about the Morgan Stanley trade from a purely technical viewpoint. Ryan posted some great musings on a big level to watch out for here. I give you the chart I posted yesterday and value your comments. You can read my reluctance to follow the crowd here
AUDUSD-H1
Today’s updated chart ……
AUDUSD-H4 update 1
Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
Philosophy: "Trading rules.....it most certainly does"
Read how Horatio got into trading here
Latest posts by Horatio Dubsly (see all)
- Silver – This weeks shining star, as predicted by ForexFlow - July 19, 2019
- 新年快乐 财源滚滚 大吉大利 A Happy wealthy healthy New Year to all our Chinese friends - February 4, 2019
- Gold and Silver – Glittering prizes? - January 28, 2019
Reckon we gonna see a better test of that 7700-7750 area, clear out few longs, mess it up a bit. Personally Im trying shorts from current (7860) lvls with a 7905+ stop with target of 7800 and leave some shorts for a deeper drop.
Given the trend at the moment, those look like good levels. There’s good traffic from 0.7870 to 0.7900.
Indeed AC. Your levels are excellent. I like to play the ‘Forex rebel’ at times and get the conversation going. Your short is looking good !. No trade in Aussie from me . I might follow your lead on this one 🙂