AUD unknown

What kind of systems do you all use to trade AUD/USD? I am new...

  1. heliflyer
    88 Posts.
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    20/05/10
    11:48
    Post #: 6715741
    What kind of systems do you all use to trade AUD/USD? I am new to fx trading and have been day trading with a basic EMA moving average crossover on the 5 min chart, and a very tight SL, usually 8 to 10 pips. Results were mixed for awhile, came out pretty much even. But overall lately I've had a losing streak on the trades I took and my account is looking a bit unhealthy right now. Have stopped trading now as I think I obviously need a better system. Anyone willing to share some expertise, or provide a recommendation on good books to read specific to fx or web sites?
    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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