Hello traders,

Today I took a quick intraday trade on the Aussie (AUDUSD). You know, aiming for nothing but a fistful of pips before launch time for the lack on any better trading opportunity around.

Today’s trade is a clear example of Round Numbers as I explain them on chapter #4 of my Forex trading course, and more specifically how they work as “pivot points” for intraday price action.

In this particular case, I saw the Aussie breaking through the 0.9600 round number -which had worked as resistance yesterday- and I went long aiming for the next round number at 0.9650. The swing took place in quite a momentum considering the Aussie is a slow-moving currency pair and I managed to fish +26 pips within an hours and a half or so.

Let me show you the live video here below.

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