Risk Warning: Trading Forex is inherently risky. This is not a
trade alert service and should not be taken as advice to enter or exit a
trade. It is simply a narrative of what Straight Talk Traders are
watching for, which may or may not happen. What is posted here may or
may not develop into legitimate setups on Straight Talk Trading's
Complete Response Trading System's specific entry and exit rules, which
are only accessible by STT clients.
The Trade: STT Shatterbounce AUDUSD 1H setup. Trade to be entered long on a bullish reversal divergence on the 1H chart provided that it is below the 1.0723 level marked and it fulfills the STT Shatterbounce momentum conditions.
Direction: Long
Reason: On multiple timeframes, price is at a level of either price
continuation of trend or a temporary trend breakdown.
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