mrfalvo

AUDUSD - Scalp short idea

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
I believe there a good likely hood that AUDUSD continues to the upside on the daily point of view. With this mind there is still a chance that AUDUSD can retrace even further down and break the daily local low. This scalp short as a prime risk reward ratio with clear first touch levels making it a trade that seems good. I don't expect this trade to work out a lot of the time but the times it will work out there is a lot of money to be made from very low risk.

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