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andrew.berg

AUD/USD navigating trend up, trade management

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
andrew.berg  
FX:AUDUSD   Australian Dollar / U.S. Dollar
breakout break breakup USD (US Dollar) trend strategy tactics management risk probability
2
0
breakout break breakup usd-us-dollar trend strategy tactics management risk probability
I mentioned some points where I make my adjustments. I mean how I manage my position with tiers. When it is trending or regaining power I add to my core position but when momentum is slowing down (price drops below short term moving averages) I lighten up.

Check out my recent idea "cup and handle" to figure out my thoughts.

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AUDUSD cup and handle
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