FX:AUDNZD   Australian Dollar / New Zealand Dollar
1699 12
The AUDNZD has finally broke out of down trend ,i'll wait for a corrective structure before I buy.
Trade with care.
HI Anilmangal - when you advise you will wait for a corrective structure first - do you tend to look for a retest of PRICE & a continuation of PRICE before you commit to a trade?....
a correction before i do , if you notice the CADUSD did not correct instead it reverse.
+1 Reply
Your suggestion to wait for a corrective structure is the best way Anil. Helps to buy low.
Hi Anil what kind of corrective structure should wait for? cant buy just break out.
great job Anil
wish that i known u earlier
have been with the AN flows months ago

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this is my view,
If are you looking for an entry point you might want to consider this .........what u think?
I Like!
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Sir, Could you elaborate on what kind of a ''corrective structures'' after the breakout - and more importantly the priceaction which will convince you to get in on this trade.

Managed to get in on a buy 29 Oct, so very pleased with the results.
Will be staying in for a while Anil.
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When the Elders have same view as you do, it breeds confidence ;) THANKS, ANIL
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