TomProTrader

#AUDJPY#SGDJPY#EURAUD#USDTRY- Currency basket #Forex

FX:AUDJPY   Australian Dollar / Japanese Yen
325 4 11
Traders,

Expecting some pushes and pulls whilst we wait for this to set up, as I doubt it will be instant. We want to see weakness from, or near the levels we're at now. This currency basket is one that could work out well soon. With bears dwindling around and hitting correctional levels in a few of these pairs, we may be nearing the "Prime time" to consider this basket.

Best of luck with all your trades,
Tom

Note: For personalised online or face to face trading tuition queries, message me here on Trading view, or, email me using the email address provided on my profile page.

Thanks,
Tom
Very nice Tom.
I was actually focusing on these pairs.
GBPAUD/EURAUD, USDTRY, AUDJPY, but I didn't count SGDJPY.
I've traded it before, it works smooth like butter.
Cheers!
+1 Reply
TomProTrader IvanLabrie
Yes SGDJPY is hot topic when we see weakness in AUDJPY and the others in this basket.

Yes, it's very easy to trade, and of course, we can trade the whole lot together, giving us offset risk. Could even offset it against CFD's for tax purposes.

Tom
Reply
IvanLabrie TomProTrader
Yep.

Mighty good idea.

Last time we had the flash crash, SGDJPY was my biggest win.
Reply
alex.a TomProTrader
Golden Basket, indeed ~
+1 Reply
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