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UnknownUnicorn300837
Jan 30, 2016 9:32 PM

Another aggressive opportunity Short

Australian Dollar/U.S. DollarFXCM

Description

This pair offers also another opportunity here. Been strongly bearish and would expect a retest of previous low. Current price is at previous strong (that was tested several times) and friday puts a good looking doji candle.

However shorting at that level gives an inverse risk to reward ratio. So will have orders placed a bit higher to get a risk to reward great than one (might miss the trades but I don't care, better to miss a trade than getting involved in one that has inverse risk to reward ratio)
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