alphatrader
Short

clear sailing, open road ahead ......

FX:GBPAUD   British Pound / Australian Dollar
23 0 1
1. in line with trend line arrow

2. two daily inside bars with trend (coiling getting to spring)

3. check weekly chart - first trouble area is approx 400 pips away

4. no real support until that black line (check weekly chart)

5. I like this trade because of the open space provided should it break to the downside

6. remember it prob won't fall 400 pips in 1 day but manage it carefully over the coming days, week.
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