We are in the bullish channel

FX:GBPAUD   British Pound / Australian Dollar
145 7 3
We are in the bottom of the ascending channel + bullish divergence on stohastic is showing that a trand will go one. Good risk reward .

what's the macd look-alike indicator?
mango DerekUweri71
You can find all about this indicator here :
Its very helpful indicator
Thanks Mango, i'll have a look. I don't use indicators at the moment.
DerekUweri71 DerekUweri71
£aud very bullish today, did you take a position on it??
DerekUweri71 DerekUweri71
The weekend starts for me now. I'm based in the UK, where are you?
mango DerekUweri71
Yes I see.shere some ideas.. i took the trade yesterday. it hit my stop on 2.0851 so i am out now. And it is better to close positions before this weekend! . I am from Slo.
good call, my method of trading.
+1 Reply
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