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Current AUD Trading Plans

Discussion in 'Commercial Trade Journals' started by Mark Mc Donnell, Apr 17, 2012.

  1. Mark Mc Donnell

    Mark Mc Donnell Forex Early Warning Representative

    Jan 20, 2010
    Likes Received:
    AUD strength is indicated on most pairs, check these two trends and look for buy signals in the main session

    AUD/USD – the D1 uptrend is nearly formed, this pair is slightly choppy so make sure the heatmap signals are good quality for a buy in the main session, overall potential is back up to 1.0800, an exact price alarm could not be pinpointed.

    AUD/NZD – the D1 trend is now crossed to the upside, look for a buy signal in the main session, an exact alarm point is unknown but it has little near term resistance and could cycle up for several days.

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

    Good Trading
    Mark Mc Donnell
    Spot Forex Trading Plans Across 28 Currency Pairs
: aud/usd, aud/nzd

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