One simple trade sample

Here is one simple trade I have made today. Nothing fancy here.  In hourly chart of AUDUSD, a bearish candlestick reading was observed, and, in addition, previous swing high was taken out. These gave me a bearish view. Ignoring the hype of improving Aussie employment figures, and RBA rate hike news, these did not sound good to me. I went short.  And here is the chart.

AUDUSD_simple_trade

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  1. Trader Gav — Trackback
    One simple trade sample $AUDUSD | Gav's trading blog http://bit.ly/nxjaO
  2. Tactical Trading Academy
    Heard that Eastern Europe is buying EURUSD at 1.4945/50.
  3. Gav
    Thanks for stopping by! Have a good one.
  4. Dave
    Tekmnd over @ InformedTrades.com got me interested enough to stop by... glad I did! Great Blog and a smart trade. Chaulk another "bookmark" saved for Gav's site! Thanks!

    - DREBG
  5. Gav
    Thanks for stopping by! Have a good one.
  6. Dave
    Tekmnd over @ InformedTrades.com got me interested enough to stop by... glad I did! Great Blog and a smart trade. Chaulk another "bookmark" saved for Gav's site! Thanks!

    - DREBG