pbmalla77

Weekly stop run strategy.

Short
pbmalla77 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Good luck.
Comment:
Check list:
Weekly stop run strategy
Directional bias: short - moving lower ( lower lows, lower highs)
Confluence: Previous year low, Smart money dealing range (accumulation), cumulative volume( more selling)
Indicators: Moving averages, oscillators suggesting sell signal
Other majors paired up with Aud moving lower
Execution on 1 hour time frame
Target: Price to likely to move lower to fill thin move
Other things to consider news which adds volatility
Trade active:
Sold @ 0.65718
Stop @ 0.66870
Target @ 0.63063
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