Do you take the trade or not? Let the chart tell you with a nice example on the AUD/USD using VPA and the indicators

Whenever you are about to take a trade there is one question you want to be answered which is this – how much potential is there in the trade? And to answer this we look at the chart across multiple timeframes but in this example, on the AUD/USD it’s a classic which embraces various aspects including volume price analysis, indicators, and support and resistance both from a volume and price perspective. Forget about risk-reward ratios and study the chart – technical analysis will give you the answers!

About Anna 2016 Articles
Hi – my name is Anna Coulling and I am a full time currency, commodities and equities trader. I have been involved in both trading and investing for over fifteen years and have traded many different financial instruments, from options and futures to stocks and commodities. I write and publish articles ( mostly for free ) for UK and international publications on a wide variety of financial issues, and in particular I enjoy helping others learn how to invest and trade.

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