Tuesday 14 February 2012

Where's the Trade? Update AUDUSD 2.52 pm London 14/2/12

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. 

Based on Where's the Trade?: AUDUSD

AUDUSD failed to fulfill the final conditions for the ReBounce long before setting off. Nonetheless, it completed a Shatterbounce short on the 5M, 15M and 1H charts which was good for a bit more than 10 pips. This will not be counted as it was a short-term trade.

Net: No entry.

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