IvanLabrie
Long

AUDUSD: Bottom of the correction here

FX:AUDUSD   Australian Dollar / U.S. Dollar
$AUDUSD appears to have finally found support from long term buyers. I added a key level obtained from a signal in the $VIX chart, which I usually use with $SPY, $AUDUSD and $USDJPY             . This key level of support held, indicating strength of the long term buyers who stopped the decline in its tracks today. We can go long breaking Friday's high, with a tight stop under Friday's low, risk 0.25-1%.

Best of luck,

Ivan.
Trade active: Long active since we broke the last daily high.
Trade closed manually: I'd swap for gold longs here.
Trade active:

I'm long from here.
Hey Ivan, Why would you swap for gold longs here? I agree long gold is a great trade to enter here but I think the aud could be a great trade from here too?
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IvanLabrie oztrader22
@oztrader22, I don't want to have multiple correlated trades.
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