Archive for September 8th, 2010

Sep
08/10
Sell AUDUSD at .9190
Last Updated on Wednesday, 8 September 2010 02:31
Written by Ross Mullins
Wednesday, September 8th, 2010

Sell posted to TAP at 10:15am ET sell AUDUSD at .9190. Retesting previous highs on the daily chart. Looking for potential double top reversal. Watch for smaller compression indicators of trend reversal to confirm double top. If this is a true reversal point look for new lows below .9100.

As typical for my intraday trading style, into 20-25 pips of profit will lock break even to protect margin.

AUD/USD Chart Picture

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