It is a great question. Here are some tips to follow:
1)Play the ranges. Since there is no a specific trend for the pairs. One option is th sell when its high and buy and its low. For that, you have to check the top and bottom. Be careful, though. You have to watch news. Because, if another catasthropy occurs, such as Japan Earthquake, then the market will go out of wack and you can end up losing money, big time.
2)Check the S&P 500. As long as its less than $1300, you have a high chance to play short AUD pairs to the downside. ideally, you have to do this, when, it has reach or close to a limit high, from a day, 3 hours or 1 hour chart. Again, news can affect this big time. To check this number, go here: http://ca.finance.yahoo.com/q?s=%5EGSPC
God luck and be careful!!
No comments:
Post a Comment