gozo19
Long

Long Term Strategy - Bullish 1,2,3 - a,b,c Bottom

CME:A6U2015   AUSTRALIAN DOLLAR FUTURES
10 0 0
Long Term 25 year Monthly chart shows historic low support basis A6U2015 @7345. 50% retrace to exit @9170
Daily chart shows 1,2,3 or a,b,c bottom formation.
Went long first @ 7426 then 7369 with E-Micros for an early base exposure.
Current Stops on both positions just bellow contract low of 7345 set at 7344, around $130 total risk.
Will go Long again Micro @7274 break out above #2 top.
Margin $220. Add more with each consecutive increase in equity exponentially,trail stops up to protect profits.
Roll positions into active months for long term play. May move to Minis or Full size with profits along the way.




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