motleifaul

Time for a retracement

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
36 views
1
It is a falling knife and the danger is relatively high that the deal may fail but given that the downmove has a certain everage momentum that shall not be exceeded to much I think tat there may be some probability of a certain recovery now.

Comments

I decided to close the deal taking the little profit as I don't want to keep the deal open overnight. As I said: It's risky and a falling knife should not be tried to be cought usually.
Reply
ForceFollower motleifaul
You were right, as the aussie has been pretty bullish this morning.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out