Daily FX Training | Learn Forex with the Dynamic Traders

Dynamic Trader Blog - Forex Chart Pattern Signals

Wednesday, April 25, 2007

GBPAUD

Daily GBPAUD.  The GBPAUD chart has been showing a sell signal for a while. Although I am already short this cross, there maybe a possibility to take another short position. At present a signal has not shown up to add to my already short trade but I will be looking out for one should we continue the downtrend.
Chart courtesy of Equis Metastock. Data provided by Quote Center.

The GBPAUD chart has been showing a sell signal for a while. Although I am already short this cross, there maybe a possibility to take another short position. At present a signal has not shown up to add to my already short trade but I will be looking out for one should we continue the downtrend.

Well done to Kalam for making just short of £1000 on GBPUSD using the Metastock RMO strategy on the 60 minute time frame.

Good luck for Thursday.