ok so a little update on EUR/AUD, previously i said i had a buy order in with i still have (around 100 pips negative right now).
My expectation for this pair now is, to open lower at market open before breaking the lows (line) before making an up move. i will be looking to come out with a bit of profit and potentially buying again if we do break the lows.
Overall though i will be keeping my sells order in place. if they don't get hit i will be looking for sell opportunities into any strength. looking for any divergence on the RSI :)
My expectation for this pair now is, to open lower at market open before breaking the lows (line) before making an up move. i will be looking to come out with a bit of profit and potentially buying again if we do break the lows.
Overall though i will be keeping my sells order in place. if they don't get hit i will be looking for sell opportunities into any strength. looking for any divergence on the RSI :)
Trade closed manually:
After some side ways movement, i entered another Buy @15676 and exited both my buys @1574 so negative 10 pips on my 1st entry but a decent 60 or so pips on my 2nd entry.
Will be looking for possible sells on the aussie news tonight.
Will be looking for possible sells on the aussie news tonight.
Trade closed: target reached:
Price dropped after aussie news as anticipated, i am expecting more downwards movement below 15626