Trading Videos

Hot Trade: AUD/USD Long On US Election Day? [Trap Pattern]

What really matters is what price action is telling us and how the right interpretation in the psychology of money flows can translate into potential opportunities to make money. To prove this point, I'd like to highlight as part of the hot trade of the day a 4-hour Trap pattern setup available in the AUD/USD.

✨My name is Ivan Delgado, Market Insights Commentator at Global Prime and FX Trader. I am on a mission to pass on my decade-long knowledge by providing regular market commentary and educationa that is applicable, actionable and insightful (no-nonsense).

🔴What really matters is what price action is telling us and how the right interpretation in the psychology of money flows can translate into potential opportunities to make money. To prove this point, I’d like to highlight as part of the hot trade of the day a 4-hour Trap pattern setup available in the AUD/USD.

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💲If you’d like to access the G8 FX Indices I use, feel free to access the following public document (copy/paste the blue box in tradingview)  or alteatively, you can access the indices charts via Mataf.net