Trade Idea: Short AUD/USD


Short AUD/USD:

It is a counter-trend trade, thus not one I ever take (calling tops and bottoms is not for me) but if equity weakness persists, we could see AUD/USD trade lower towards .9370/32

Your decision!

AUD/USD 15-min chart

http://my.aspentrading.com/Nov_1/2_24_14/3_6_14/3_17_14/3_28_14/4_6_14/4.10.14audTARGET.png

* Trade Ideas are not official recommendations but merely highlight set-ups that may be of interest to a broad array of clients who are comfortable managing their own trades.  These are not NEW TRADE ALERTS as they do not meet all of the criteria of the IPA Trade Methodology.  Clients assume responsibility in managing stops and targets.

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