ATTN:On 21st May The RBA Meeting Minutes Will Be On Hi am Lubosi Forex thats my nick name that I love to use when am teaching you about trading
I have this love-and-hate relationship with forex trading,
because unless you are really good at technical analysis
And understand risk management Forex trading is a very very hard skill to master
But with the rocket booster strategy you can easily see which forex pairs are the best to
trade.
Look at this chart for example the 50 MA is above the 200 MA
and the price is above both that in a nutshell is the rocket booster strategy
So what are the 3 things to remember about the rocket booster strategy:
50 SMA
200 SMA
Price above both SMA's
This RBA Meeting will be a catalyst to this price moving in a trend direction
Once you remember these 3 things then you will understand technical analysis better
To learn more Rocket Boost this content,
Disclaimer: Please learn risk management trading is very risky and you will lose money take this as a warning.
AUDINR trade ideas
AUDINRBearish triangle, might go down to take support of 48.7 if sustain it will come back soon for target of 52.4.
Chart looks promising but it just might take some time to reach 52.4 as it has to close above 49.6 and sustain for some time. next minor registance is placed at 50.15, if it breaks with huge volume, it will straight land on 51 and so..
Thanks,
Rohit