Australian Dollar buying opportunities (01/09/2014)

New month . New opportunities. We focus on two trades involving the Australian Dollar.

GBPAUD (H4) SELL

The Trend/Wave/Extreme mini indicator

GBPAUD 20140901

  • The Trend Bar is Red filled pointing Down Trend
  • Wave and Extreme bars are Green pointing an up correction that may have finished
  • A solid Down Trend Line

Note: Major GBP news at 11:30 GMT+3 time so make sure you have a stop loss if you have this trade open at that time

AUDUSD (H4) BUY

The Trend/Wave/Extreme mini indicator

AUDUSD 20140901

  • The Trend Bar is Green filled pointing Up Trend
  • Wave and Extreme bars are red filled pointing a down correction that may have finished
  • A solid UpTrend Line

Read about the Trend/Wave/Extreme system here

The following is an analysis of the currency markets using the Trend/Wave/Extreme  . You can read about the system here. Please read our Risk Disclosure and Terms of Use  prior to making a trade using this information.