montreal day trading course UADNZD

Montreal Day Trading Course October 4-6

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Since this week there’s not much to trade, I decided to see what we could find in others pair.

So far I pick AUDNZD. I was waching this pair since last week, but this week, we should see an Short Entry.

my first 3 charts will have an old technical analys. But at the end it will be updated by a recent chart of AUDNZD pair.

 

 

AUDNZD BULLISH TREND: After creating bullish trend, in stead to wait a reply till down bullish trend line and take a long, I’m looking to short it, at about present level.

AUDNZD DOUBLE TOP: The reason of shorting this pair now, when it go against the market trend, is because I did like the double top. I also, like the fact we have a good range, for ROI% and protect have space to take good profits.

AUDNZD TARGETS: This is simply a chart, with 2 targets I have. Since there’s a probability we bounce on my 1st target, it will be important to sell more than 60 to 80% of my position for maximum profits, in case if this trade go against me.

14-08-05_15-46-04_AUDNZD
AUDNZD now
AUDNZD FOrex trading

The entry for should should be very soon.

Watching this pair, to get at the right price.

right now, we maid a retracement of 50% since last drop. Looking for short there.

PS: be ready to get out if don’t pass green trend line.

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