aluotradingjournal

[AUDUSD] Feb 10, 2020 - ALuoTradingJournal

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Been a while again guys,

It has been a tough month to begin with, having to fight against the AUDUSD last week to seek for the best support level, and the NFP gave quite a tough decision making for me last week. As my plan for AUDUSD were, anything that does not surpass 0.66666, it will be a long position until 0.67700 for short term, and approx. 0.700 for the long term.

The NFP gave a big pull with the bearish trend. However, it was not strong enough to break the actual support level. Instead, this Monday morning, as Asian market opens, it went on a bullish trend making the candle stick a much better signal that will go in long position.

My idea AUDUSD will still be kept as the same,

Approx. SL 0.6666
Approx. TP 0.67700 or 0.700 for the dream destination.


Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market in going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at own risk.

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