Trade entry: 6AH16–6BH16

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Today we entered another currency-based trade. This time it’s March Australian Dollar vs British Pound. The expected profit is around $1500 and we risk about $700. As always with these currency trades - if the required margin seems too high for you, trade it like forex directly. In this case: sell GBP.AUD.

The black line is the reality this year, red and blue lines are seasonal patterns for 5 and 15 (respectively) years. The green triangle is trade entry and the red triangle is trade exit.