Should AUDUSD break 0.7720 on momentum it is a LONG trade
38
Need to wait for PPI news to see price action and if it holds above it is a long with good R:R ratio. If USD news is above expectations avoid buying AUD versus USD.
Stop should be put to breakeven once trade is 25 pips in the money. No need to give money back on Friday. ;)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.