RlcTrading

Gbp/Aud (Gotta Be Careful)

Short
OANDA:GBPAUD   British Pound / Australian Dollar
This pair should fall. But It can move up 35 to 60 pips up before falling. No need to trade it big and Im not entering until London Session even if im watching it fall on early time frames. I would like to see at least 2 red 1 hour heiken ashi candles before I will consider the sell.

This tp area is a intra day tp. I think it will fall more over the long term. If i catch a entry and get in good enough profits , I will just take profit and try not to wait for the tp to hit because this pair is extremely volatile !!!!

Brexit news last night during london session made this thing nearly impissible to trade! It spiked up 100 pips and then down in seconds!

So please trade this VERY VERY SMALL. It moves fast enough!
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