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milftradingfx
Oct 20, 2015 7:57 PM

Possible Hedge for AUDUSD / NZDUSD SHORTS 

British Pound/Australian DollarFXCM

Description

If you are short the NZDUSD / AUDUSD pairs you can possible use the GBPAUD for directional confirmation. I would also consider using the GBPAUD as a hedge if price on the AUDUSD / NZDUSD rally to the moon. I prefer entering short with a close below the ray trend line below the purple channel.

Always stay one step ahead.
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