Billions of traders doing scalping and unusual hedging
Hello everyone.
There was an RBA policy rate announcement at 12:30, but this time it was kept unchanged,
and it had only a doping-like effect.
Immediately after the announcement the AUD/JPY fell, then rebounded slightly, but now it is in a range.
If you look at the 1-hour chart before the announcement, there were points recently where support and resistance swapped.
AUD/JPY 1-hour chart
If it declines after the release, one option is to go against the trend at that support/resistance point.
However, if it breaks out, it could run 30 pips, so I think a better approach would be an “unusual FX double position” long entry.
These kinds of unusual positions are often used in such scenarios.
AUD/JPY 1-minute chart
A genuine method without any gimmicks
↓
Scarcity-trader scalping that billionaires use
↓
https://www.gogojungle.co.jp/tools/indicators/42559
Stress-free irregular double position (well, you probably won’t lose)
↓
https://www.gogojungle.co.jp/tools/ebooks/19435