Wednesday, March 28, 2012

AJ, AU & AC Update Wednesday 28th March 14:45hrs

Aussie / USD.
Aussie / CAD
Aussie / JPY

Unfortunately I have had to remove my orders.

These pairs were not willing to pull back enough for my orders to be triggered.

Price is 35 pips from my target on AU & 45 pips from my target on AC

My orders were in the white boxes shown on the charts.

You will also notice that the stochastic did not move up to the 75 level or overbought.

These pairs are just to weak to retrace to give us a good risk reward entry; before the big push down to support.

Charts Below

Aussie / USD



Aussie / CAD



Aussie / JPY



I am looking for another strategy trade, as soon as I find one I will post again.

Regards

Scott






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