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Genghis
Oct 18, 2016 2:12 PM

AUDUSD Oct'16 - Coiled spring 

Australian Dollar/U.S. DollarFXCM

描述

Coiled spring. I favour selling into resistance at the moment but most important levels to me are 0.7715 and 0.744. See which we hit first.

交易开始

Short at 0.768, SL 0.7713

交易结束:到达止损

Broke north. Decision appears to have been made

评论

Missed the long buying opportunity at 0.757

But we're heading into 0.776 now

评论

Hoping we get sub 757 to get long

评论

AUD a mess and all over the place but this could be long opportunity

评论

Correct chart

评论

Dollar soldiers on...
评论
Genghis
Longer term potential trajectory based on model
Genghis

Decision made
Genghis

If you think the dollar continues its rampage from here then short with tight stop could be useful
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