Main » 2010 » September » 22 » Forex Signals - Intraday strategy for AUD / USD 22/09/10
16:51 Forex Signals - Intraday strategy for AUD / USD 22/09/10 | |
| A pair AUD / USD is trading within the downtrend on the hourly chart. It shows what course AUD / USD traded higher moving average 55 per hour schedule (level of 0.9500), which generally contributes to the prices in the short term. I recommend to open long positions after the breakdown of the results of hours of resistance at 0.9580 in order to increase the resistance level at 0.9621 in the case of the breakdown of 0.9664. Stoploss if this strategy can be placed at the level of 0.9520. I recommend to open short positions in case of breakdown of support at 0.9494 on the basis of hours, with the aim of reducing the support level at 0.9466 in the case of breakdown up to an hour for support at 0.9440-27. Stoploss if this strategy can be placed at the level of 0.9540. Given that the moving average and the location of boundaries of technical figures over time is moving, should be on the hourly chart to adjust their status. I also recommend the open positions on the basis of hours in order to avoid false breakouts. If a strong movement in the breakout technology figures, I would recommend to wait for correction. The level, which was the resistance should be strong support, and it was near this level should open position in the direction of the breakdown. Analyst "Forex Analytics" Alex Sedyshev
| |
|
| |
| Total comments: 0 | |
Moscow Time
New York Time
London Time
Tokyo Time