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microfx
Jan 21, 2021 2:22 AM

TRADING PLAN, BULLISH FOR AUDCHF Long

Australian Dollar/Swiss FrancFXCM

Description

SWING TRADING JOURNAL

I'm bullish for AUDCHF, but i want to BUY LOW

I want to buy AUDCHF, IF and ONLY IF, I have a pullback

So, this is my plan

I will;
BUY AUDCHF somewhere at Green Box
SL below 0.68415 - 0.68474
Final TP at 0.69320 (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

This plan valid until this Friday, if not I will Cancel

No Profit Guarantee, Good Luck!
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