Click on the chart to see the details about how Dollar Yen based and had risen almost 200 pips using platinum’s forex trading strategy. Platinum Trading Academy published this prediction in the Forex Blog post on the 4th of January, well in advance of this move.
Forex Trading Strategy
It is clear the Aussie has broken into a Bearish mode after breaking the Ascending Triangle line. We have major confluence @ 0.7390 and it appears as the best shorting area if the price gets there.
At Platinum, we always use stop losses in trading. All trades should have a stop loss not more than 40 pips as stated on the chart. Place alerts at these levels and watch the profitability in front of your eyes and we can have over 200 pips move in one day. Sell and hold!
AUD/USD trade levels to watch
A) Short AUD/USD @ 0.7390 or nearest zone with 40 pips stop loss and target of 0.6850
B) If we have a Daily Candle close below 0.7160, a short AUD/USD @ 0.7160 or nearest zone with 40 pips stop loss and target of 0.6850
If you have any questions about this Aussie Trade, please book some time with one of our mentors and we shall guide you step by step on trading the opportunity using our forex trading strategies.
At Platinum, we teach all individuals from different walks of life to become a full-time trader or create a secondary revenue stream by trading part-time using Platinum’s forex trading strategies.
Perfect Trade = Perfect Fundamentals + Perfect Technical Analysis + Perfect Logic + Perfect Risk Management.
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