For anyone who took the AUDUSD trade yesterday, the profit to handed to you on a silver platter. With reference to the charts dated 13.11.2012 we had a box at 1.0387 – 1.0407. We had a close above the box and after the close, the price trickled back to the 1.0387 level which was perfect for entry and WHAM! once candle, your profit is met… Nice way to start a perfect trading week.
I would be looking at the next box 1.0407 – 1.0436 for entry point.