Long EURAUD

26 juil. 2017

Good morning traders,

It seems EURAUD is forming a bullish flag structure ? Impulse + Correction + Next impulse ?

Target is open and SL @ 1.462

From the fundamental perspective, Australia Inflation eases to 1.9 % so it supports the idea of a weaker AUD

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

27 juil. 2017

Trade fermée: ordre d’arrêt atteint

Scenario invalidated, I will re-attempt if it returns back above 60 MA :