5 Minute Read

Dinner-Time!

September 30, 2014

By | 5 Comments

If you are just getting home from work…consider FX currency trading.  Here’s an example of how you can tackle the markets at any time of day.

The AUD/NZD pair is breaking down on an intraday chart.  There is economic data due out at 1930 EST which is 5 minutes from now.  If the news keeps the pair under pressure there’s an opportunity to sell-short and take advantage of the bearish signal.  Consider setting up a trigger order to get you in on a breakdown but to stay away from the trade if it doesn’t move in your direction.

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5 Replies to “Dinner-Time!”

  1. Tim Justice says:

    Profit target reached. Time for bed.

  2. Troy Mitchell says:

    I have never done Forex trading. I assume we can use the same analysis &techniques for buying and selling stocks, correct?

    Where would you recommend for Forex news?

  3. Tim Justice says:

    http://www.dailyfx.com/

    this is a good spot for FX news.

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