STOP/ENTRY/TP - AUDCHF - SHORT ( 2.3% ) 2021
4th Trade for 2021. Running Total -1%
Zone on the 1 Hour.
Not pushing for new Lows here just using recent turning points.
Just looking to recover the missing 1% from previous trade.
Looking for the move to a Value Point in the zone. Roughly the 50/50 point.
A nice safe Stop.
Zone on the 1 Hour.
Not pushing for new Lows here just using recent turning points.
Just looking to recover the missing 1% from previous trade.
Looking for the move to a Value Point in the zone. Roughly the 50/50 point.
A nice safe Stop.
Comment:
LLLLLLLots of folk got burnt trying to go long with a stop that was too tight this morning. Fire sale closing down Soon. Short from here boys and girls.
Trade closed: stop reached:
It looked as though the entry point was good but there is way too much momentum. RUNNING TOTAL -2%