DislikedHallo 100Pips,I was wondering whether we could buy now GBPAUD. The last few days the macd was positive. In the last 2 days we would have bought GBPAUD according to the system. Now we could buy at an extra cheap price, adding to the total position.What do you think about it ?Ignored
GBP/AUD and EUR/AUD have had a very nice run up during the past month so this might be a good time to wait it out. I still see more movement to the upside in the coming weeks so if you really want maybe you can add a long positions or two.
I've already banked thousands of pips with GBP/AUD and EUR/AUD longs in the past 6 weeks or so so I will not be trading as aggressively with these two pairs for the time being.