Good morning all. Looks like some consolidation required on the Dollar after 3 big days. I am fanying a push down this morning with AUDUSD being my favoured pair for a 30 pip move to the north. Looking for the entry at 09140 targeting 09170
Based on your template ver. 3, I took a short position in cable at 1.6291. It was a bit risky as it had to make its way through nearly all the moving averages, but both the cci 4 and 21 was clearly overbought. So I took a try with support of DP, and it just dropped. Your template is very powerful when you have the cci 4 and 21 clearly overbought/-sold and you trade in the direction with the cci 200.
Based on your template ver. 3, I took a short position in cable at 1.6291. It was a bit risky as it had to make its way through nearly all the moving averages, but both the cci 4 and 21 was clearly overbought. So I took a try with support of DP, and it just dropped. Your template is very powerful when you have the cci 4 and 21 clearly overbought/-sold and you trade in the direction with the cci 200.
janerikchr 2 years ago