GBP/AUD : Lets Make Crazy Money From This Sideway Movement!
This is GBP/AUD chart on the daily timeframe. if u take a close look you will see that the price is moving perfectly in a sideway between absolutely 2 strong resistance and support no break for months so far.
Trading the sideway if very fun for me because i know the price boundaries and the stronger these boundaries are the less risk you take in trading the sideway movement.
in the GBP/AUD case i will enter a buy trade @ 2.04600 u can wait and enter directly or you can sell a limit order just like me to make sure that u enter the trade even if you are sleeping.
regarding the target usually the space between the support and the resistance is your target but for me taking between 300 to 400 pips will be enough i can't wait longer that this :)
Trading the sideway if very fun for me because i know the price boundaries and the stronger these boundaries are the less risk you take in trading the sideway movement.
in the GBP/AUD case i will enter a buy trade @ 2.04600 u can wait and enter directly or you can sell a limit order just like me to make sure that u enter the trade even if you are sleeping.
regarding the target usually the space between the support and the resistance is your target but for me taking between 300 to 400 pips will be enough i can't wait longer that this :)
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.