Forex Signal For AUD/USD: Further Down Under 0,7200.

  Forex Signal For AUD/USD: Further Down Under 0,7200.   Price action remains volatile ahead of tomorrow's US CPI. Traders should be warned that although yesterday's previous AUD/USD signal resulted in a long-term trading loss from the bullish price action bouncing off the support level set at 0,7189, this level looks very unreliable.  

Today's AUD/USD Signals

 

• Risk 0,75%
• Transactions can only be received on Wednesday before 17h00 Tokyo time.

 

Sales Trade Tips

 

• Next touch 0,7223 or 0,7302 immediately after a bearish price reversal on the H1 time frame, go sell.
• Place the stop loss 1 pip above the local swing height.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For AUD/USD: Further Down Under 0,7200.

 

Buying Trading Tips

 

• With the next touch of 0,7177 or 0,7123, immediately follow the reversal of the bullish price action on the H1 time frame.
• Put the stoploss 1 pip below the local swing low.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

   

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