[May 01, 2019] Position - AUD/USD
Position
| Item | Description |
|---|---|
| Position | Long @ 0.7052(GoMarkets) |
| Status | Filled |
| Timeline | T2 |
| Confidence of the trade | 65% |
| Initial Target | 0.71 (55MA) |
Technical Analysis
Once again the all important 0.70 support was tested and successfully supported the price, for now. The ball is still in bear's court though, therefore if we're given a bounce back > 0.71 we very much should take it and run.
Disclaimer
While we believe in collaboration and working towards a common goal as good thing, it has in the past affected the way we trade so to keep this as consistent and drama free, we will not be replying to comments most of the time to keep this approach as streamlined as possible. You'll certainly see us making comments and upvoting other amazing posts though!
