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Current AUD Trading Plans

Discussion in 'Commercial Trade Journals' started by Mark Mc Donnell, Jan 11, 2011.

  1. Mark Mc Donnell

    Mark Mc Donnell Forex Early Warning Representative

    Jan 20, 2010
    Likes Received:
    All three listed AUD pairs in the plans have intermediate D1 downtrends in place. The AUD/CAD has a strong downtrend in place

    AUD/USD – set sell alarm at 0.9800, we expect it to drop down to as low as 0.9600, intermediate downtrend in place
    AUD/NZD – set sell alarm at 1.2920, should test support at 1.2650
    AUD/CAD – set sell alarm at 0.9700, this pair has excellent pip potential and could drop for months, strong downtrend looks fully formed

    When the price alarms hit verify any sell entries with The Forex Heatmap ™ and look for AUD weakness or cross currency strength or both.

    Good Trading
    Mark Mc Donnell
    Spot Forex Trading Plans Across 22 Currency Pairs
    Please tweet these plans or share on Facebook with your forex friends.

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