AUDUSD - SELL

May 14, 2024

• Take 4
  
• Increase Lot size to 4
  
  
• Technically lost the 3rd trade AUD keeps pushing up
  
• But I believe they are just taking out Liquidity to head lower.
  
  
• USD still Fundamentally Stronger than Ozzie
  
• 20 v's -11
  
  
• Expecting Higher CPi numbers coming in for April has been trending up MOM since June last year so not under control yet.
  
  
• Means Interest rates stay higher longer if u can call 5.5% high
  
  
  
• Which is Bullish for the USD so technically AUD v's USD
  
• AUDUSD = Down
  

• Don't for get to set tight Break Even
  
• Trail Stop Closer as Approaches Target
  

May 15, 2024

Note

Got it wrong from the start
I blame Chat GTP it said

CPI (Apr)
HIGH
312.33
313.76
313.55

and

CPI s.a (Apr)
HIGH
312.23
313.2
313.207

was most important well it appears
Inflation Rate YoY (Apr)
HIGH
3.5%
3.4%
3.4%

and

Core Inflation Rate MoM (Apr)
HIGH
0.4%
0.3%
0.3%

Was most important both as Expected but lower compared to Previous

Don't trust Chat GTP