Rsherman

Rsherman Updated 

Using 8x leverage max loss is two percent. Channel resistance and RSI oversold making this a high probability trade. Set the stop loss and sit back. Additional take profits are advised if using greater leverage though not really advisable to open oneself up to more than a 2-2.5% loss per trade. With my strategy of Resistance + RSI oversold using around 4:1 risk...

Rsherman Updated 

With four-five times leverage this would be a ten percent trade if correctly entered. Use the AO to determine the momentum. Agree if you agree. If you don't tell me down below in the comment section. I always appreciate the feedback.

Rsherman Updated 

Part of AUD short term swing. see AUDUSD and AUDJPY post for more. 10% profit possible on AUDUSD

Rsherman

Short term though. See my recent AUDUSD and AUDJPY posts for more information. the charts are all aligning with buy signals. Potential 10% profit on 5 times leverage for AUDUSD

Rsherman Updated 

Very similar setup. Retesting support. part of larger AUD upswing possibility to other correlated currency groups. Very good trade set up.

Rsherman Updated 

Pair headed towards resistance likely to hit around .236 fibonacci level of the greater sideways channel that coincides with the more short term downwards channel. RSI is also oversold. High probability with fibonacci, channel support, and common indicator RSI. Set stop loss at .5% and stand to gain 10% with five times leverage while keeping in line with the 2%...