GBPAUD is a very volatile pair; to trade this, one must have a mental preparation that market can still reverse against you after riding on a 100pips+ profit.
Now this present as a third-chance entry to engage this trade of the countertrend trading. You might be asking, "Hey then, why is this trade still in your list?" Well, the volatility of this that attracted me. Be prepared to get stung out multiple times before being rewarded.
As long as the market didn't gap up or gap down too much, I will still be looking for a shorting opportunity.
Now this present as a third-chance entry to engage this trade of the countertrend trading. You might be asking, "Hey then, why is this trade still in your list?" Well, the volatility of this that attracted me. Be prepared to get stung out multiple times before being rewarded.
As long as the market didn't gap up or gap down too much, I will still be looking for a shorting opportunity.
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim