More Brillant observations from Newstraderfx~
Quoting NewstraderFXDislikedTrade Signal #208 Sell AUD/USD at .7465
Stop is .7493
Target#1 is .7350
Risk is 33 pips
Reward is 110 pips
Reward : Risk ratio is 3.3 to 1
For research purposes only.
The fundamentals that apply to EUR/USD & GBP/USD may not apply at times to this pair and the NZD/USD pair. You have the carry traders here to take into account; the capture of the interst rate differential controls a lot of what happens here...Ignored
Trade what you see - Not what you think