200PipsClub

Possibility of a great triangle.

Short
200PipsClub Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
1
The technical picture aligns perfectly with the major fundamental theme(dollar buying until the fed rate decision) right now.
-Short 0.3 lots @.72358 at the break of the channel. SL@.7270.
-Have an entry order of 0.2 lots @ .7190. -Will add rest of the 0.5 lots if downward momentum persists.
-If the first trade gets stopped out,will have a fraction of loss I'm willing to take on a 1 lot trade.
-After the closing of every trade,a snapshot of the P/L will be posted to my twitter account.

DON'T CARE ABOUT BEING WRONG.lOSE $1 TO MAKE $4.NOTHING CAN STOP YOU.
Trade closed manually:
Closed the trade @.7202 with 33 pips profit because momentum didn't seem that strong.waiting to re-enter.
Trade closed manually:
Took another short trade today.Got out with 43 pips.A better AUD short trade would have been buying GBPAUD.But I didn't wan to have exposure to AUD in two pairs.Now I'm left with 43 pips gain for the day.But I always prefer a small gain than two losses.

Check my twitter page for updates.

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