I wanted to share my AUDUSD strategy that I polished for the past 5 month. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you dont need to change once it´s set.
Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2
ENTRY: 0.68644
TP: 0.69162
SL: 0.68240
If you are a risk taker you can also put the TP at 0.69270. But I figured out that 0.69162 is the safe way to go and I made much more profit with the safe strategy.
IMPORTANT: This is not the final trade yet, ENTRY, TP and SL will probably change when the market stabilizes on monday, so I will update this post on Monday 06:30 UTC/GMT+2.
Trade active
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IMPORTANT UPDATE: ENTRY,TP and SL have new positions !