mymentortv

aud usd analysis before the news

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Good morning everyone

I will be going through at least ten pairs today giving you my thoughts and analysis and why I feel the way I do on each analysis. Today looked at Aud usd from a friend of mine who pointed this one out. I can see this market going back into where the buyers were first dominant plus I like to buy stuff cheaper than retail price: so my if then statement is such:
if this market continues downward and pushes to the level I suggested where buyers are dominant and if the market reverses in that area showing me through price action, candles and other tools then I will be buying into this market , which I will post for everyone here. We do have news which can be a factor and can exaggerate the market so if positive this market may perhaps sky rocket to tp or if negative push a touch further down to that double bottom area on the left. Overall once this market hits my alarm for the area if it goes into then we will check back on it and see from their

your friend Kris
www.mymentortv.com
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