the 7050 may be wrong and we could be headed higher on a consolidation day. However, I'm still biased to the downside for 7050 so keeping an eye. Maybe a scalp up before the blow-off to 7050?
AUD/USD was an FRD trade and was forecasted as a set-up for the day as explained in the video. These setups turn up time and time again. Nice way to start the week!
Putting into practice techniques learned, mastering on demo, managed to execute some timely traders in Gold and Oil at really nice entry and exit levels. These are definitely ones for the playbook for the future.
There are three days of longs in the market and little in the way of a shake-out, at least below Tuesday's US session lows of 0.5646. The price action took break-out traders up into the 0.5720 area only to be hit by strong sellers, resulting in a move into Day-2 longs from the Asian and the European session and in doing so, causing a vacuum of bids that resulted...
Aim looking for the Touch to the Asian Low with an reversal after the London Open. The Entry could be on the other side of the Channel as there is still a possibility for another reversal on the Asia High
