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Forex Trading 2018- TA/FA- Setups and discussion, page-1294

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specgoldbug

13,113 Posts.

392

23/02/18

14:18

Post #: 31292083
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Originally posted by RickM ↑

Hi Spec, looks like a good sell soon on the AUDNZD.

I have just closed a win 40 pip buy trade with this pair but it was just a M5 trade going with the small current trend but against the main trend.
Going by PASR, it’s a sell when the H4 turns down with my stop loss above the swing. Being Friday, I may wait for Monday unless the move was right at a trend line. If I do enter today, it’s half my trade size today with the other half on Monday to protect my equity against a major news event.

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good sell? you mean buy? Few longer term structural scenarios .......but either way short term this looks a beauty buy up to 1.088

Dont forget on Aussie - Nats leadership challenger for Barnaby Joyce this will have an impact imo......I think he will hold up....
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