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microfx
Apr 30, 2021 1:36 AM

STRONG SUPPORT, BEST PLACE TO PUT BUY ORDER? Long

Australian Dollar/Swiss FrancFXCM

Description

SWING TRADING JOURNAL

I'm bullish for AUDCHF and this is my plan

I will;
BUY AUDCHF somewhere at Green Box (try to buy as low as possible)
SL BELOW Red Line
Final TP at Blue Box

Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bullish structure still valid
6. etc

At least 2R profit and get out

No Profit Guarantee, Good Luck!
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