Forex Signal For AUD/USD: Australia Looks Weak.

    Forex Signal For AUD/USD: Australia Looks Weak.   The 0,7350 area could be very important today. The AUD/USD signal last Thursday produced a losing short trade at 0,7384.  

Today's AUD/USD Signals

 

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

 

Sales Trade Tips

 

• On the next touch of 0,7375, 0,7393 or 0,7410, go short immediately after a bearish price reversal on the H1 time frame.
• 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: Australia Looks Weak.

Buying Trading Tips

 

• Next touch 0,7335, 0,7305 or 0,7297 and immediately watch for a bullish price action reversal on H1 time frame.
• Place 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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