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Nick_C_
Oct 13, 2015 2:08 AM

Trading AUDUSD this week  

Australian Dollar/U.S. DollarFXCM

Description

Analysis on chart
Comments
timwest
Nick - You've really got this down already! Very well done!
IvanLabrie
Nick_C_
My only thing with a retrace that low is that further sustainable rallys would become unrealistic?
IvanLabrie
This is a more discretionary type of setup...the target is just ideal, but not necessarily viable.
Rgmov is telling it's better to long a retrace, than to fade a target hit.
Nick_C_
Makes sense!
IvanLabrie
timwest
Excellent longer-term analysis Ivan
IvanLabrie
Should work well.
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