Thursday, April 21, 2011

AUDUSD 21.4.2011 FX-G7

People,
corridor play is in motion for the second day in a row. It keeps on moving up and down inside.

If we have up trend we should be very carefull when we short the pair against its superior trend.

1 - Narrow SLs!

2 - Quick exits!

Play it inside the corridor.

When we play positions in trend direction we can leave our winners roll.

Very usefull TIP from my mate Rick!

"Buy it inside previous Candles bodies and also close it inside the Price Action of the bodies. We do not need tops and bottoms!"

2 comments:

  1. Wow, you use a lot of MAs at your chart :)

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  2. hehe, yes. The important 1600/1920/3200 are not seen yet :) they are downthere cus of the nice trend movement in this pair! :) First resistance is on that levels thou.

    Will try to post MA congestion and then movement to one direction.

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