I am trying out a new strategy for trading the Aussie. Trade between key levels and edges of TLs and Fibos. We are currently hugging the downtrend line so I can go short here with a tight stop.
Short $30/pip AUDUSD @ 1.0255 with a stop at 1.0282.
This trade is not right and I am closing it at B-E. This tactic goes against my core rule. Besides I realise that 1.0275 is not as important a level as I first thought.