Long AUD/USD at .7735, looking for a reversal. I believe it has carved out a bottom at these prices.
Posted by permanentjaun on :
Never know. It could also have formed a head and shoulders pattern, check out a 4 hour chart. Will be interesting to see how it goes.
Posted by Squire38 on :
That would be a sweet reversal. Look to be a little resistance at 0.7740 on the 15 min & hourly charts. GL. If it breaks 0.7740 I'm in long.
Posted by NYSE Trader on :
Yea I am pretty certain this will rally. But I think I called it a little too early. May take a few more hours to "break-out"
Posted by NYSE Trader on :
Took another small leg down...RSI looks great and were soon to get a Bullish MACD crossover.
Posted by Squire38 on :
I went long at 0.7704 this morning. Up 20 pips already!
Posted by NYSE Trader on :
I got a margin call...lol. Thank god its just a practice account. I suppose forex is a little tougher than I imagened. But I will continue to learn.
Posted by NYSE Trader on :
This trade is doing vell well!!!
Posted by Squire38 on :
quote:Originally posted by Squire38: I went long at 0.7704 this morning. Up 20 pips already!