TradingView
Realisto_FX
May 29, 2015 3:23 PM

AUDCHF : Wolve Wave Pattern Long

Australian Dollar/Swiss FrancFXCM

Description

EURCHF bouncing would support the idea of a Wolfe Wave Pattern formation on this market. I will wait till Monday morning to enter long with SL 0.715

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Comments
IvanLabrie
I'm in:
IvanLabrie
RBA speech in 1:47hs - fxstreet.com/economic-calendar/
Realisto_FX
trade was stopped by 10 pips but low at 0715 was respected so structure is intact . I will wait for today´s NFP before to open a new position
Realisto_FX
UPDATE : Move stop to 0.718
AmirHossein.J
i think maybe , wolf wave pattern can't see that target price
"wave 2 Correction is longer
Realisto_FX
Thanks Amir for your feedback . Let´s see how it goes
More