AUDUSD finds resistance

FX:AUDUSD   Australian Dollar / U.S. Dollar
58 2
I'm going short after the sell signal.
AUDUSD found resistance at a previous swing low.
Trade closed: stop reached: the set up on another day could have worked. Just going to be patient and wait for the next one now
what do you think the best value to put a sell in is going to be?
iamnev paulymat
my initial long idea on AUDUSD looks like the best idea I had. I'm going to wait for DXY to get back up to resistance and see how low AUDUSD has got to at NFP.
Then if both DXY and AUDUSD are at good levels, i'll look to trade AUDUSD in the opposite direction to DXY
I'm kicking myself a little for being scared out of holding the AUDUSD long but I trade what I See and Feel, and AUDUSD did gove me a signal to short at major resistance , so this time I just need to accept this loss and wait for the next set up.
On my currency strength chart, USD is still on a Daily looking the most likely to drop and the AUD is looking the most likely to rise.
I was biased out of my long from another trader I know. Going to have to stop looking at other peoples charts in 2017 :)
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out