Tom_Killick
Short

AUDUSD: Expecting Downside, Intraday Trading More Favourable #FX

FX:AUDUSD   Australian Dollar/U.S. Dollar
861 11 15
Traders,

Looks like a nice area to short, to at least the previous bottom (0.6890's target)

----THIS IS MORE FAVOURABLE FOR INTRADAY TRADERS- This is because we are nearing target, and is more advisable to trade on a lower time frame to protect capital.----

There may be a pullback higher first (A very brief pullback) before we see the opportunity desired, to get in short. But it could plummet straight away, no way of knowing. Best to watch and let the chart tell you when to get in this properly.

Best of luck with your trading,
Tom

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snapshot


My target for it.
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IvanLabrie PRO IvanLabrie
Also, I bet house on gap down open.
Cheers.
+1 Reply
IvanLabrie PRO IvanLabrie
snapshot


Cha-ching.
+2 Reply
moorekapital IvanLabrie
Are you a magician?
+1 Reply
IvanLabrie PRO moorekapital
No, just checked the China news haha.
+1 Reply
moorekapital IvanLabrie
Good news for holders of AUD shorts then. However, GBPAUD might delay the fall in this wise ;)
Reply
IvanLabrie PRO moorekapital
Yes and no...which is weaker aud or gbp?
+1 Reply
I owe you my house, which one you want?

Lol joke.
Reply
IvanLabrie PRO Tom_Killick
Oil: Early entry into potential weekly trade


This...so much.

And AUDUSD; had a counter long after your take heed level.
Good, good.
Reply
I like pullbacks in exuberant shorting, it's literally free money.

Tom
+1 Reply
IvanLabrie PRO Tom_Killick
Yeah, it sure is!
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