Forex Daily Outlook: AUDUSD 23.7.2014

Daily Timeframe: Uptrend

Placed entry: 0.93948 Buy Order
Stoploss 50 pips
Target profit: 200 pips

Forex Trading System : Heiken Aishi Trading System.

Heiken Aishi is one of the best trend finding indicator that I Love to use due to its simplicity as it is easy to really detect the trend before making trading decisions. Combining it with a 25 exponential moving average ema will increase your confidence and helping you now where to enter a trade..

Here's a video that will teach you how to trade forex using this indicator.