EURAUD Setting Up For A Long?

Sep 8, 2015Blog

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I just saw this chart of EURAUD this morning and thought it could be getting ready for an aggressive move up. This video explains why as well as what to look for. Remember once you have a setup which meets your rules, you need to have an entry technique to get you into a trade. This can vary from having a moving average cross, a particular price action sequence you wish to see or simply breaking of a swing high or swing low. We’ll see if this pair gives a convincing entry and take it if it does and leave it if it doesn’t. Enjoy!