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Aud bull or bear?

Nina

By Nina,
in Foreign Exchange (FX)

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Caseynotes Honoured Contributor

Caseynotes

Posted
Posted
4 minutes ago, dmedin said:

Looks like I missed a great signal (PSAR and MACD in agreement beneath 200 SMA), reminds me that I need to get PRT set up to do scanning for me

yes, if your strategy only gives occasional signals then you need to compensate by increasing the number of charts to scan though if using the large time frames a 5 second peek once a day is usually enough. 

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majicktrader Occasional Contributor

majicktrader

Posted
Posted
On 03/07/2020 at 09:00, Nina said:

Our indicator is showing a raging BULL ..!

Which Aussie pair ?

AudCad a buy ?

This guy - Ivan Delgado from Global Prime, (there is no sales pitch) makes a daily video on youtube showing which currencies are strong and which are weak. AUD/CAD at the moment would not be good as both currencies are strong. AUD/JPY would be good and so would EUR/AUD (short) as the other's have mentioned GBP/AUD has been on a long term downward trend for several months.  Anyhow check out Ivan's daily video's they will give you a good sense of what pairs should you be trading on any day/week. 

 

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