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Public Live Test - Trade 4

FX:AUDUSD   Australian Dollar / U.S. Dollar
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1) Daily chart: downtrend beginning January 4, 2015.
2) 8-hour chart: price has reached a potential resistance area , with oscillator divergence confirming a short setup.
3) 2-hour chart: bearish harami candle at the high on 2016/01/20.

Short entry triggered as this was being written.

Entry: sell 16,000 @ 0.69241
Initial stop-loss: 0.69590
1st target: 0.68486 (buy 7,000)
2nd target: 0.65975 (buy 5,000)
Trail stop on remaining 4,000
Jan 24
Trade closed: stop reached: Starting balance: $4,535.27
Gross P/L: - 55.84
Commission: - 1.28
Net P/L: - 57.12
Ending balance: $4,478.15 ( - 1.259%; - 0.486% YTD)
MAE: 24.9 pips (1.0R)
MFE: 48.2 pips (1.936R)
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