Profit_Trader

AUDUSD - LONG (Long-Term Trading Idea)

Long
Profit_Trader Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD - LONG (Long-Term Trading Idea)
Primary Target - 0.74800
Stop Loss - 0.68000

Signals:
1) Completed Cypher Pattern (W1).
2) RSI Oversold Market Condition (W1)
Trade active:
Always follow the 6 Golden Rules of Money Management:

1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
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