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tntsunrise
Jul 5, 2016 5:19 AM

Educational Study: Who are those people bought aud at 0.7540? 

Australian Dollar/U.S. DollarFXCM

Description

Educational Study:

We see a long Beairh Pin bar after RBA's int decision.

Ask yourself one question:
who are thoese people buying aud at 0.7540?
are they novice trader or institution trader?
and who are the people selling aud to them?

Don't Chase the Price
Always Buy Low, Sell High.

Comment

Comments
IAmAgainst
Are you still in? I added one more lot at 0.751 but I'm not so sure it bearish anymore..
IAmAgainst
And just sold another lot at 0.7536, I'll never learn..
Sidd
Jack have you revised your TP1 and TP2? 0.74200 on your new chart up here?
tntsunrise
for 1h chart.
Sidd
Great :)
Sidd
Stop loss Hit on this one..0.7550..I am sure there will be better trades again :)
emma2474u
hi, any idea on USDCHF, USDJPY, NZDUSD and EURJPY .....?
Please I need Idea on those pairs.
Thank you.
emma2474u
from Jack.....plz
tntsunrise
USDCHF similar to EURUSD, so i am short eurusd, u may long usdchf.
USDJPY i close my short, waiting to buy at 99.
nzdusd similar to AUD,
My advice: Don't trade too many pairs. trade 3 pairs good enough
emma2474u
ok...and thx for quick response.
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