Trading Opportunity Tonight

AUD News Data

TRADING OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the AUD Retail Sales is released at 7:30pm EST.  Your focus should be on the AUD Retail Sales (MoM) figure, which is expected to be 0.6%. We have placed a safe trigger of 0.4% for this release.  We have historically seen moves of around…

Aud Target

Bank Flow

Aud sell orders 9105-9125 and much larger 30 pips above that so use those levels for your risk management on entries you take around 91 or wherever. As a position trade target of 87 is still valid, there will be volatility with rate announcement so be aware..

Trading Plan

Bank Flow

Been reading some of the posts and wanted to make some suggestions. Do not trade if you do not have your own risk management plan. Wait until you get one or get help in getting one. That should be tailored to your personality and profile. Especially for new traders protecting capital is essential so you shouldnt…

Update

Bank Flow1 Comment

Some posts from traders who didnt get out of aud last week on run down to 8817 from .9000 sell. This is for them. RBA int rate announcement later tonight right before midnight eastern time. A sell from here to around .91  is good as a position sell as an add or new entry, just…