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UnknownUnicorn180388
May 5, 2017 7:07 AM

AUD.CHF - Long Opportunity Long

Australian Dollar/Swiss FrancFXCM

Description

My basic Weekly, Daily and 4hr chart analysis on the AUD.CHF

Comment

Perfect daily candle close.
A setup i will be watching into this evening all dependent on market open price.

Comment

Buy stop order now in place.

Trade active

Comment

Trailing stop loss now in place.

Trade closed: target reached

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Chart breakdown.

Comments
4XRandalll
Double Bottom on Daily, RSI oversold, Strong rejection candle.... Looking for a Long Entry signal myself.
UnknownUnicorn180388
@4XRandalll, Great to hear, i hope all goes well.
ForexBudgie
Yes target my is reached and a very good trade. qudos to you. My equity curve is heading to the moon this month. It does keep giving to and I've been battling with my emotion's for last few hours not to re-enter. (:
UnknownUnicorn180388
@ForexBudgie, Win or lose there is no emotion for me, emotion causes impulsive behaviour which never ends well long term.
Take your money, relax and await the next setup.
ForexBudgie
@tomhall, Yes I learn't many life lessons so far in FX trading. In my beginner days when I let positions draw down by moving stop losses thinking they would turn around and was bye bye capitol. So with what little I had left I had to prove to myself I could build the capitol back up a bit at a time and now I have no misconceptions about FX. My personality though is like I had to make the mistake first as this was the only way I was going to learn from my mistakes. FX trading has actually made me a better man I thinks.
QUOTE: A smart man makes a mistake, learns from it, and never makes that mistake again. But a wise man finds a smart man and learns from him how to avoid the mistake altogether.
I think that wise man is you. @tomhall
jolvanzsoltom
+3% Thanks!
UnknownUnicorn180388
@jolvanzsoltom, Perfect :-)
tomstoj
Fantastic Tom! Great job!!!
UnknownUnicorn180388
@tomstoj, Thanks very much.
jtd
great trade Tom , thank you
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