AUDCHF Trading Plan
Hey traders, how is everything?
Have you noticed that from time to time a group of pairs tend to trade in a clear market condition?
Look at todays and a few of my previous analyses:
Today: AUDCHF
The previous one: AUDNZD
And a few weeks back: GBPAUD
Whats the common denominator here?
The AUD.
It’s not that I have a preference of the AUD over other currencies… It’s just that in the last few weeks, the AUD has been moving smoothly and that’s exactly what I look for in the currency pairs that I trade.
And if they keep moving in a clear condition, giving me clear S&R and swings, I’ll keep trading them.