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Showing posts from April 19, 2020

AUDUSD SLOW WALKING

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I am not happy AUDUSD not moving at the pace expected from my trading desk. Its range bound in the H4 just like USDCARD but intraday trend suggest a bullish market Considering a bullish DSS in D1 and bullish dynamic cycle in H4, AUDUSD may be sweet for intraday BUY My position is below:

USDCAD May Head South

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THe H4 chart of the USDCAD may be showing some range bound price action but good enough to trade a sell here and the gap between the high and low of the range of about 480 pips can make room for intraday trading. THe daily short DSS is fresh brearish and that confirmed with the dynamic cycle indicator of H4 the M30 hit of price on the intraday resistance may mean a good time to sell. I am taking a SELL as seen below: