Fxprotrader
Short

AUDUSD Slope Is Valid, We Go Short

FX:AUDUSD   Australian Dollar/U.S. Dollar
1776 25 65
Price is testing an upper parallel of a median line set, and having a valid slope, we may trust this level. Stoploss and profit targets as shown at the chart. Always move stoploss at BE when first target has been reached.

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Comment: VERY IMPORTANT: In the last couple of weeks i began posting charts in TV with exact entry points, stoploss and profit targets so traders can trade with no guesswork. I update the charts, post comments, which is time consuming, but it's ok with me since i deliver succesful setups( there are losers too). But as all of us i don't sit 24/7 in front of my computer. When you are in a trade and high volatility news are about to realise you should do one of these three things: Get out with either loss or profit, move your stoploss at breakeven when in profit or hedge when in profit.

For this AUDUSD setup price almost hit our first target before the news released. With 1.70:1 you could easily take the profits. I was sleeping and couldn't update. The news came out stoploss was hit and then price collapsed. Remember that before trying to make money in the markets, you should protect the ones you have in your account. So in future setups even if i don't update the posts, try to protect your capital. Today we have high volatility news and no interest in trading.. If you have any questions feel free to ask..!
thankyou , needed that vote of confidence
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Fxprotrader Alland296
You are welcome
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i mean no offense but this looks to me more like consolidation in a flag before another leg higher
+1 Reply
alan_watch laoboss
true but is that really a flag? we will see in a hour and a half :)
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Could you help me and explain how to use the chiff pitchfork? I see you often use it. Thanks in advance
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Fxprotrader Guerrera
I think it's a difficult with chat ;) It all depends on the slope of price. This should be your guide
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Please update and comfort me in that this development above is in some way part of your accurately calculated plan!...
+1 Reply
TheStudent TheStudent
IT WAS PART OF THE PLAN! PRAISE TO YOU!
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Fxprotrader TheStudent
Haha.. Thank you mate ;)
+1 Reply
Risky
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SL hit
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1ST TARGET REACHED
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2ND TARGET ALSO HIT...............WOW!!!!
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Hi Sir.
Thank you for your new comment ! maybe you put it because i wrote SL HIT.
But i took profit 3 min before they realease the data from AU =) So thank you again for share your charts, awesome as usual !
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To be honest i wrote it because of that.. But these are basic rules for all.. Thank you for your support
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Dguaman Fxprotrader
Yeah of course ! news makes volatility so i just took profit 3 min before :D so pips all the time with you , thanks !
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Good trade non the less. I took the trade but pulled it as it was stalling. Little profit. Keep posting thanks
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Thank you mate
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everything is wonderful
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I hope so :)
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Hello, im sorry i have learnt a lot of new language in this industry, but i do not know what TV is besides the TV we all watch at some time or another.
Can you please put me on the path to where you post on the TV??
Thanks Anthony
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Fxprotrader Batman-oz
TV = TradingView
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Batman-oz Fxprotrader
Thank you
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Which sites do you mainly check for high volatility news.
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any forex ecomonic calendar it's ok. I think there is an option here in tradingview where you have the news in your chart.. You should ask a moderator to help you
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