FX:AUDUSD   Australian Dollar / U.S. Dollar
6880 26 113
Today Is NFP

Plan 1:
If NFP data is good, dollar up, we want to sell any rally
Pay attention to 0.7600 (broken structure)
or the recent support ( 0.7560), Target 0.7480
Plan 2:
if NFP data is bad, dollar weak, we want to buy the
breakout+pull back to 0.7600 and aim for 0.7640

Comment: Very Nice Fall, we short from 0.7600-0.7620
now we have good gain
Comment: NOW IS 0.7560
Comment: Now is 0.7509
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Live Trading Results from this AUD SHORT PLAN.
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Thanks Jack, is your TP 0.7480 and how did you set that value?

tntsunrise chartmaster
chartmaster tntsunrise
What do you refer to as structure, can you pls give an example?
tntsunrise chartmaster
I will teach my students in my course, but I can still give u a hint
chartmaster tntsunrise
Thanks for that and I was considering attending one of your courses...

Btw, I was thinking you were referring to "wave structure". So you are using technical levels.

What is your rationale then for a 1.0637 stop in your EURUSD idea? Technical supports kicks in around 1.085 already?

i thought the data was bad, so why are you still shorting? someone pls educate me on this
+1 Reply
mythrir r3flex
data is bad but we consider remaining cross pairs audusd mainly depending on commodities...so audusd is raising means usd is not negative...gold or oil etc is increasing....when trading au we consider all commodity pairs
The answer is simple:
I short this coz it can give me good profit.
and I earn money.

A lot of times, the data will cheat thoese novice trader who only can refer the news.
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