Forex Signal For AUD/USD: Continuing Slow Progress Observed.
Forex Signal For AUD/USD: Continuing Slow Progress Observed.
Over $0.6486 is on the rise
The previous signal for
AUD/USD was not triggered last Monday as none of the key levels were reached that day, but the low was just a few pips above the nearest key support level set at $0,6404.
Today's AUD/USD Signals
- Risk 0,75%
- Transactions can only be entered on Thursday before 17h00 Tokyo time.
Sales Trade Tip
- Sell immediately after a bearish price reversal on the H1 time frame, with the next touch of $0,6579.
- Place the stop loss 1 pip above the local swing height.
- Set a 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: Continuing Slow Progress Observed.
Buying Trading Tips
- Go buy as soon as the bullish price action reverses on the H1 time frame on the next touch of $0,6486, $0,6404,0,6368 or $0,6350.
- Put the stop loss 1 pip below the local swing low.
- Set a 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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