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Is it time now? AUDUSD….

by Gav Leave a Comment

I am always looking at AUDUSD. Partly because I need to manage my USD exposure in my trading account. Anyway, I see AUDUSD  trading in a tight range and potentially moving to 0.68-ish level. I am watching. On the other hand, I do not ignore the possibility of breaking down, and back to 0.63…AGAIN.

Here is the …..CHART!  (click to view full chart)

audusd-4hr_14mar2009

Some statistics:
audusd_trendscore

About this tool

Filed Under: Trading Journal Tagged With: AUDUSD, FX, Trading Journal

Reader Interactions

Comments

  1. AtticManTrader says

    at 10:04 pm

    AUDUSD made some great gains today (off the back of the FOMC meeting) – I’m looking at a double top right now around 0.67, with a channel between 0.67 & 0.62 – Breakout or channel play – Would normally fade a double top but can see this one going higher

    Reply
  2. AtticManTrader says

    at 9:04 am

    AUDUSD made some great gains today (off the back of the FOMC meeting) – I’m looking at a double top right now around 0.67, with a channel between 0.67 & 0.62 – Breakout or channel play – Would normally fade a double top but can see this one going higher

    Reply
  3. HDB Windows says

    at 6:48 pm

    You were right Gav, how did it go for you? Have you take profit yet?

    Reply
  4. HDB Windows says

    at 5:48 am

    You were right Gav, how did it go for you? Have you take profit yet?

    Reply
  5. Gav says

    at 9:07 am

    @HDB I only use AUDUSD movement to manage my USD exposure.

    Reply
  6. Gav says

    at 8:07 pm

    @HDB I only use AUDUSD movement to manage my USD exposure.

    Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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