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Current AUD Trading Plans

AUD/CHF - D1 downtrend in place set sell alarm at 0.8130, sell potential is down to the 0.7900 area.

GBP/AUD - D1 uptrend in place, set buy alarm at 1.8190, excellent upside potential past there.

EUR/AUD - D1 uptrend in place, set buy alarm at 1.4995, potential is to 1.5400 or higher.

AUD/JPY - set support alarm at 94.50, no nearby support below there, however the overall trend is still up on the largest time frames, so scale out lots if it sells off.

When the price alarms hit verify any buy entries in the main session with The Forex Heatmap® and look for AUD weakness or cross currency strength or both upon entry.

Example of AUD weakness (click for more examples)

Good Trading

Mark Mc Donnell

Spot Forex Trading Plans and Live

Entry Signals For 28 Currency Pairs

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