AUDUSD short trade start 5/6/18 Short

AUD/USDOANDA

Description

⋅ Jun 5, 2018 6:00 AM

AUDUSD short trade set up. Start 5/06/18.

On Monday AUDUSD rebounded very nicely from 0.74733 to 0.76650. A nice 90 pips or so.

It is basically, on a upwards channel trying to break major support.

But it has not broken major support at 0.76650 and was strongly rejected.

Short set up to 0.75428, second target 0.75032.

Stop loss 0.76450

Comments

Ronnie_Dong

⋅ Jun 5, 2018 8:41 AM

nice chart my friend!
please look my chart ,
i will show u the money !
if u can,follow me .

GoodyErick

⋅ Jun 8, 2018 4:30 AM

@dongrui, most of your trades go against you.

Ronnie_Dong

⋅ Jun 8, 2018 5:32 AM

@GoodyErick, Most of my publish is to TP out of the game

GoodyErick

⋅ Jun 8, 2018 6:13 AM

@dongrui, Same here, I took 30 pips profit on this one, even though it change direction. I went back in for a further 25 once it rebounded, and now have a third short trade in two days.

Ronnie_Dong

⋅ Jun 8, 2018 8:25 AM

@GoodyErick, Personally, I don't recommend you to do short-term trading. Believe me, you will lose a lot

GoodyErick

⋅ Jun 8, 2018 11:37 AM

@dongrui, They are very profitable for me, plus I am using a custom script I wrote myself, I am software developer, see those red and blue lines, they are generated by a complex set of rules in the script, they are exact. I will post a long trade later when one comes up, so you can it in action.

Ronnie_Dong

⋅ Jun 9, 2018 11:19 AM

@GoodyErick, OK, i will wait and see