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Tuesday, November 16, 2021

AUDNZD : Moving Average Strategy LONG!!!

AUDNZD : Moving Average Strategy LONG!!!

Hello everyone! I just got into forex trading a couple of months ago, and I need some honest opinions from experts on this platform to advise me about the trading ideas I post. Please like, comment, follow, and share!!!! Thank you, guys!!

strategy: Predict Trends By Using Moving Averages

Reason: It is long for AUDNZD since it passes a moving average of 200, moving cross, and also parabolic tests. Then with the currency strength indicator and MACD , it is uptrend for the next few hours. And with looking back at the graph that's a few days ago, we see a similar uptrend acting as a sequence. Therefore we should buy and wait for the trend to reach the profit line !!!!!


Again, this is about my options, pls trade at your own risk and have more thinking before applying this signal.

Good luck!!

Please leave a comment about your thoughts below! much appreciated

Travis



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