- AUDUSD finds support just ahead of the 200 hour MA and 50% retracement after breaking below the 100 hour MA
Technical levels work because a lot of traders see them and use them to define and limit risk. If you can find multiple reasons near different technical tools, you have a low risk trading opportunity to lean and see what happens without risking much.
Those are trades you should look for each and every day.
"Risk a little. to make more than a little"
IN this video, I outline what I mean using the AUDUSD as the basis for the low risk trades.
Trading analysis offered by RobotFX and Flex EA.
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