Technician
Long

(J) Trade 21 : Quick Counter Bias Trade #forex

FX:AUDNZD   Australian Dollar / New Zealand Dollar
1999 15 50
Update 2: Target reached.
Profit= 2x$8x69= $1104
Balance= $29104

Update: Moved stop to breakeven.
===========================================================================
Trade 21: Long AUDNZD             @1.0918
Trade Status: Active
S.L 1.0880
Tgt             1.0987
Exceptionally, this trade will have one target.
Balance= $28 000 Position size = 2 lot ~ 2.5% risk of capital

===========================================================================
Reasoning
  • 1.272 extenstion for latest bullish wave is acting as support.
  • Multiple Pin bars

Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.

For Trades rules and guidelines follow this link

My best regards
Technician
Subscribe to my trading portal http://thefxchannel.com
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
thanks my friend
Reply
Wow! really nice one! congrats tech!
Reply
Technician AlexD_Trading
Thanks :)
Reply
Hello my friend
BASED ON ANALYSIS PREVIOUS ABOUT PATTERN DOUBLE TOP:
Do you think NOW BREAKOUT FOR PATTERN DOUBLE TOP IN NECKLINE DONE?
Reply
Technician MILAD-FX-26
Hello milad,
yes its broken, but i am not acting on this yet, i would like to see one more confirmation.
Reply
Update: Target reached.
Profit= 2x$8x69= $1104
Reply
Update: Moved stop to breakeven.
Reply
I had similar planned. Not sure though whether I will hit my second target
Reply
Marvin TradeYodha
Hi T. Nice set-up- I'm loathe to take an aud trade whenever Gov Stevens is about to open his trap. In your rules you say that you will have two units with two targets. Don't you normally put the 2nd target on the chart or state it somewhere?
Reply
True, but exceptionally, this trade will have one target.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out