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piphunters
Jan 19, 2016 2:44 AM

AUDUSD: Sell the breakout and blame China! 做空

FX:AUDUSD240
Australian Dollar/U.S. DollarFXCM

描述

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I don't anticipate that we have a larger correction as of now, still more downside....this breakout should provide a good entry point for more shorts.
AUDUSDUSDaud
评论
Gwoog
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so get in around the .6825 area just below the wick or get in when the price action breaks your red trend line?
piphunters
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no, you should always wait for confirmation, it's not breaking down so if you jumped in without confirmation you would be in trouble now...
Arkateyah
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just curious, y blame china?lol
piphunters
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they will move it down and later you will see in forex news websites: AUDUSD falls xxx pips due to bad/weaker Chinese GDP which was released today earlier. You know what I mean eh?
Arkateyah
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i know China got a big economy so a bad news on China would affect other currencies as well. Anyways, i'll try to study about it.
Thanks, appreciate your explaination.
Piet.Hein
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China is the biggest Australia trade partner, most exporters from Australia go to China, so... you know the end of the history...
Ozayevable
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when china farts, you can smell it in australia.
piphunters
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right!
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