Quotes with Resistance & Support
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Sell AUD/ USD – Book profits at 1.0384

Posted on: July 19th, 2012 at 1:10 pm

Technically AUD/ USD has strong resistance at 1.0445-1.0455 levels. One can look to go short at cmp: 1.0410 for a target of 1.0382

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6 Responses

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  1. newbie Says:
    July 19th, 2012
    Posted at: 10:06 pm

    HI CB,
    should we continue to hold short in aud/usd?


  2. CB Says:
    July 20th, 2012
    Posted at: 1:18 am

    Hi newbie, yes. hold it.


  3. imran khan Says:
    July 20th, 2012
    Posted at: 12:57 pm

    Hi CB, is there any expire in forex trading, like we have in options?

    with 2500 how many lots we can take,

    if you have sometime can you please explain me one simple trade in forex?


  4. CB Says:
    July 20th, 2012
    Posted at: 3:26 pm

    Hi imran khan, no. there is no expiry.. you may need to roll over every firday.. it differs from broker to broker.


  5. imran khan Says:
    July 20th, 2012
    Posted at: 6:15 pm

    Hi CB, AUD/ USD trading @ 1.0382, i am trading in practice account for now, next week i will trade real account


  6. CB Says:
    July 20th, 2012
    Posted at: 6:55 pm

    Hi imran khan, ok..


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