Hello everyone, i am planning to short AUDUSD according to the image here and with a clean daily candle break. the objectives are quite clear and written here. Bullard pushed the markets today, if i am right we will bottom mid december and USD has one more leg up before coming down till end of year. We are playing our cards right for now and we await for new info. We have ADP on Wednesday, ISM Manufacturing on Thursday and NFP on Friday. Depending on the data we will hold the trades or cut them. Timing is everything because you can get round tripped quite fast in the market
There are some black swans that we need to be very aware: China giving up on 0 Covid policy(risk assets will rally quite aggressive) or the utopyan idea that CCP falls which i highly doubt. Too many interests at play. But for now the protests are not good for AUDUSD
Good luck and trade the plan!
There are some black swans that we need to be very aware: China giving up on 0 Covid policy(risk assets will rally quite aggressive) or the utopyan idea that CCP falls which i highly doubt. Too many interests at play. But for now the protests are not good for AUDUSD
Good luck and trade the plan!
Trade active:
Into the trade
Trade closed: stop reached:
Stopped by china hopium...