Tuesday, March 23, 2010

Hexametry for Traders - Trade Call on AUDUSD 2010-03-23

This is an intraday Trade Call on AUDUSD done by Eric Lye in our Forex Trading Room. 

The purpose of the Trade Call is not to instigate my readers to trade, but rather to give more insights of how we trade.  We trade on price action, we also trade based on our Hexametry framework.  The framework is not a specific system nor a method.  It is how we approach the market and manage ourselves as a trader.

[Tuesday]
Following up the analysis done on AUDUSD, there is a new opportunity to short AUDUSD

[Tuesday evening]
So tough to short this pair.  Have to give up this call.
 

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