FX trade of the week - Riding out the bullish trend on the GBP/AUD | Bulletproof Traders
In this FX trade of the week, Bulletproof Traders in-house trading activities present our current bullish campaign on the GBP/AUD.
We have been riding out this bullish trend on the GBP/AUD ever since its very beginning back in January when we initiated the campaign for the first time.
When the price reached our first price target at 1.7864, we got out. We took a bit of a break to see how the pair was going to handle this big resistance it was facing.
Shortly after, we decided to jump right back in, for a second (consecutive) bullish campaign, this time aiming for the ambitious price target (and final destination..) of the big key-level at 1.8242.
There is an obstacle at 1.8068 which needs to be overcome by the pair on its way up. A clean cut cross over this obstacle will give us the necessary confidence to keep building up this position all the way through to the target.
* Bulletproof Traders is a members-only Forex trading club. Run by an elite team of traders and market analysts, using science based approach to master the art of trading.
My name is Roy Levine, and I'm the co-founder and head of trading at Bulletproof Traders. We are helping traders from all over the world to become full-time traders and reach their financial goals. If you want to learn how to turn your trading into a profitable business, then you landed in the right place. You can learn trading secrets, trading strategies that work, improve your trading performance, and become a successful Forex Trader.
We understand what’s needed to be done in order to break through the hardship of this financial journey while saving you a great deal of time and money. Eventually, our goal is to show you how to dominate chart analysis to the point of producing outstandingly accurate forecasts and price predictions. Most importantly, we will show you how to become a successful Forex trader with a proven track record and systematic approach.
Join us and learn how to make money in Forex trading, learning the best trading techniques and trading secrets.