Main concern would be the positive weekly 3SMA low, room to weekly ATR 52, and weak QM (due to marginal higher high).
Monday, 16 July 2012
Trade Idea AUDCAD - Short 1.0455
Not sure if I will take this. Reminds me of a loss I took shorting GBPAUD a while back http://modoforex.blogspot.com.au/2012/04/trade-closed-gbpaud-100-bps.html .
Main concern would be the positive weekly 3SMA low, room to weekly ATR 52, and weak QM (due to marginal higher high).
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Main concern would be the positive weekly 3SMA low, room to weekly ATR 52, and weak QM (due to marginal higher high).
