ending last week with a breath of fresh air. AUD/USD has/is changing trend from bearish to bulish. the question is wil the bulls be strong enough to drive price up into the new trend.
i expect price to play around around (0.64554) before deciding on what it would want to do.
for me its a clear buy For the 4H but also not forgeting that the Daily is driving price...
The is a simple and free system put together based on the Nononsense approach to forex trading.
Risk & Money Managment
use max 1-2% per each trade
set your stop loss to 1.5 times the ATR (average true Range 14) Due to the limit of 3 indicators it is not added to the chart
Buy when price crossed above the Moving average and volume spiked above the Line on the...
Knowledge & Profits
We are officially in a sell for AUDCHF 22/09/19
This trade is based on the daily time frame and my personal trading algorithm design by the help of "Nononsense Forex".
We are trend traders therefore this trade is expected to be a new push back into a downtrend.
Let see if this is another win in the books...
