AUDUSD M30 Trade Analysis

AUDUSD M30 Trade Analysis

31 December 2015, 13:48
Alexey
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AUDUSD M30 Trade analysis:

1.                  At the time of entry background was strong – it is wrong to be bearish in this place. Only weak background is a sign that imbalance between supply and demand is in favor of supply.

2.                  Strong signal before trend changed. In addition, there is no weak signal. This is also wrong for a short trade.

3.                  Entry was made when dynamic trend turned from green to red – ok.

4.                  The trade was not closed after strong signal appeared in the chart. You should close the trade immediately in this place. Reversal signal is supporting exit in this level.