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Ichimoku_Trader
Jun 28, 2016 9:18 PM

IT'S ABOUT TO BLOW... 

Australian Dollar/New Zealand DollarFXCM

Description

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Comment

We have a break to the downside and it looks like it was just a fake BO

Comment

maybe not..
Guys, remember how we trade this
1. we sell on the break
2. Stops just above the BO candle (so we are still in)
3. If we get stopped, we wait for a retest and consolidation to breakout or reversal to enter at the other side

Comment

Entered short at the WPP
My stop is just above the current candle

Comment

My risk is less than 10 pips

Trade closed manually

I'm leaving this trade now .. not for anything except that I'm bored with it
~50 pips up is not too bad
Have a good weekend everyone

Comment

I'm bored with it AND we are at the bottom of the bigger range...
If you wanted a logical reason..
Comments
UnknownUnicorn508650
price being pushed down by 10ams on downtrend. was starting to sweat. love your work bro
Ichimoku_Trader
Thank you
aziz.au
Are we still in this trade? It looks like the current candle approaches toward giving a chance for re-entry, if I am correct. I would consider re-entry at 1.0454. What do you think?
Ichimoku_Trader
Yes we are and why not
amrsoliman2000
Made around 150 pips so far is there room for more? :)
Ichimoku_Trader
the infinity trade
I'm glad you're in it too
MarcielSouza
that would be now an expanded triangle?
Ichimoku_Trader
only if we close without a break
UnknownUnicorn508650
geez, kiwi dont give up easy!!
Ichimoku_Trader
We've been laughing at this trade since yesterday...
It seems as if it just doesn't want to move
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