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carrytrade
Feb 23, 2014 10:04 PM

Aussie Strategy 4th Week of February Long

Australian Dollar/U.S. DollarFXCM

Description

Smart grid low risk strategy.

Buying 1 lot at market open, 1 lot near 8900 and 3 lots near 8830

Look to the monthly time frame. Its indicating a likely breakout soon, to the 9600 level.
If we can clear the 9750, it should see 1.0150.

Also will buy an additional 0.1 lot every 20 pips the market increases past 9100, until we reach target of 9600.
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