AUDUSD Ready for Breakout ?

FX:AUDUSD   Australian Dollar / U.S. Dollar
Good morning traders,

It seems AUDUSD is ready for a bullish breakout ?

I´m long at current levels with SL 0.7650 on a daily close. The catalyst for reaction should be today´s US election. In any case cautious position, expect the unenexpected.

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade


Josep Pocalles


(I do like adding to losing positions, but I always start risking half to average my entry if still valid.)

I think this will trigger millions of stops and fly very soon too. Holding long term longs, and opened more longs today.
+1 Reply
Realisto_FX IvanLabrie
Thanks Ivan for your feedback ! it´s seems rally started
IvanLabrie Realisto_FX
Yes, great eye here, perfect timing my friend.
Good luck!