Bear flag break Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jul 24, 2013 1:44 PM

Shorting this pair as bear flag breaking down, 9300 break bulls trapped, outside day developing, and China PMI sank below 50. Tgt first 9100, next 9000. S/L 9300. Best.

Comments

TLTrader

⋅ Jul 30, 2013 1:08 PM

First tgt. @9100 reached. Next tgt. 9000. Moving S/L to 9200.

TLTrader

⋅ Jul 31, 2013 1:44 AM

Balance of the trade was closed at 9000.

TLTrader

⋅ Jul 24, 2013 4:20 PM

Moving well in our direction. S/L move to 9260.