AUD (Australian Dollar)

[mohsinqureshii]

Am I doing right ?

I am going to sell it at 0.9790 with stop of 0.9810 targeting 0.9680

[xx3xxx]

probably , you are correct, with your own belief

aussie come down from 1:1 par for quite some time, nothing seem that it will stop dropping

if there is a sign to go back up, people will buy again

so looking at the chart, it is consolidating now, before it decide which direction

so

--- will you buy, if it reach certain ceiling level ??

-- will you exit, if you are wrong /??

if it does not go up to your entry level, then it drop like a stone, what will you do ??/

[philt]

Audusd going up 0.9897

[philt]

Forgot to say we are long from 0.9720with stop few ticks below.

[philt]

Exited trade @ 0.9886 164 pips.

[philt]

Today's chart..Original target of 0.9897 hit.

[philt]

Next target is 0.9944 then 0.9967