Shorting the Aussie Dollar as we are overbought on the Daily. Trading this purely from indicator.
Note
Closed my original short for -1.4%; I the bought audusd for the breakout and made 4%. I have then reshorted at .766 for my longterm short position as indicator is still overbought.
Note
Holding my second position I'm using small leverage. Waiting to add larger positions higher.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.