Forex Trading | AUD/USD – Up & Down Swings as Predicted
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During the seminar Q&A session, someone asked me about my view on the AUD/USD, as shown in the slide below.
My reply was that it would bounce up in the short-run, then get ready to short for a big move down. This played out almost perfectly as predicted, but of course it would still require your timing skills to enter and exit at the right time to capture the turning points and the big swings that followed.
Such price movements are not hard to predict, once you understand the concept of market behavior and how the Big Boys play the markets. In my next sharing session, besides the usual stocks analysis, I will also be covering a bit on forex and how behavioral analysis can be applied without volume.
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Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.
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