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Monday, April 30, 2012

AudUsd : 10mins chart

Using my trading methodology :
. 10 mins chart
. Prices goes under Moving averages crossover (1st point)
. Prices retest moving averages but fail to break. (2nd point)
. Prices break 1.0440 support on 10 mins chart.
. Prices tracking "water falling" moving averages downwards.
. Stochastics scrapping bottom, indicating over sold condition on 10mins chart
. Don't chicken out as usual....
. Press on towards target in a bigger time frame....

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