Previous Post Highlight

Slumdog Forex - Daily Forex Analysis

AUD/USD Indecision Candles - September 7, 2012

After successfully climbed since September 5, 2012 ( read: AUD/USD Ready To Climb - September 5, 2012) Right now the pair is coming with the formation of two indecision candles right at the 1.0300 major psychological level and the Stochastic showing overbought conditions, this seems to be the case.  Now let's see whether the next candle will turn out to be a bearish engulfing one or not.
Daily Forex Analysis Chart

0 comment(s):

Trade at your own risk. Do not trade forex as forex trading involves financial risk, and do not trade with money you can’t afford to lose. This is neither a solicitation nor an offer to buy/sell currencies / forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
 
© 2009 Slumdog Forex - Daily Forex Analysis | Powered by Blogger | Built on the Blogger Template Valid X/HTML (Just Home Page) | Design: Choen | PageNav: Abu Farhan