AUD unknown

trading systems for audusd, page-15

  1. 11,875 Posts.
    heliflyer

    if you are trading short term then the various triangle patterns and support and resistance lines would be best

    I have found on 1 and 5 min charts that you get smashed by where the currency is on larger time frames

    for example if the currency is outside the bollinger bands on the daily chart or hourly, the tendency is for it to move back inside no matter what is going on on the 1 or 5 minute chart

    also it can be good to watch what happens on the dow futures as they can lead the AUDUSD pair
 
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