WEEKLY OUTLOOK AUSSIE DOLLAR

Hello traders i hope you are in great shape and everything is going on superb. Well everyone seems to be happy shooting me emails  about the Dollar Swiss trade. I would love to say thank you for your emails and i am passing through them. Okay so today on the table i have AUD/USD which is very well formed for shorts.

After the NFP news last Friday which rallied most of the dollar pairs south, we are looking forward for a continuous sell off. But to be smart you should wait for confirmation as i have labeled in the diagram. I am personally waiting for this trade and again don’t get mad when the TL is broken. Just know that the setup is Invalid and wait for the other one. Don’t let me down by panicking and taking the trade without completion of the setup.

Other than that i think that’s all for this week and hopefully we gonna make money. Stay patient and be disciplined.

 

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