CloudVaping
Long

Interest Rate Decision Today...Should Be Interesting

FX:AUDUSD   Australian Dollar/U.S. Dollar
145 1 7
My thought is AU long; however, I am running a very tight SL (small account & can't risk too much).
For now price is above the cloud, tenken is above kijun, kijun is running a little flat but since it lags a bit I'm giving it more time, and chikou is in open space, and future cloud looks a little flat but still to the upside.

Interest rates get decided today so this will either make me a ton of money, or knock me out of the trade super quick (especially if they go SL hunting).

All in all, I'm anticipating long.
Update: rate decision was put on hold by aus govt; price rose for a 42pip gain from my entry. Trade was closed. Waiting for a good pull back to potentially long it again.
No further posts on this trade.
Cheers.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out