This is an excellent entry for our daily CS setup...

FX:AUDUSD   Australian Dollar / U.S. Dollar
1415 16 64
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The market has given us a nice low risk trade now.
Buy at market risking about 35 pips to the critical level
Stop and reverse at the critical level.
Comment: I hope everyone got into this one
Comment: We are now BULISH
Comment: We are also up about 65 pips
Comment: we are also at WR1 0.7248and I expect we will be there for a while
Comment: So please try to optimize your positions from here until things are clearer
Comment: Once we break the high, we can have a nice stop just below the low that just formed
but only after we break the high please
Comment: almost there
Comment: Top broken

Move stops please
Comment: Expect another optimization stop at 0.72674
again, sell part of your position and re-buy it on the re-entry but this time maybe low (I'll let you know)
Comment: unfortunately, I have to leave you guys with this trade and about 80 pips as i have something to attend to
Don't give the market your money.
if you see something please tell the others. Feel free to use the chart to communicate

Good luck
Trade closed: target reached
I've got these two legs, there will be third?
Ichimoku_Trader MarcielSouza

stay with it until you get a close below TS
then re-enter at KS for the next big thing

good luck
+1 Reply
Quick question Ichi_T, what/where is WR1 0.7248? Thanks
Ichimoku_Trader Professorr-X
Renegade7 Ichimoku_Trader
Ich thanks, took that trade yesterday, starting to understad better what your seeing. Got out under a pivot R3 level and former swing high at .7240. It worked out. Did same for the pound trade and made out as well. The pound had quite a reversal though. Wonder what happened. I will push the like button :)

be nice with the pips
Professorr-X Ichimoku_Trader
My question was ... what does WR mean? Thanks
Ichimoku_Trader Professorr-X
WR= weekly resistance
it is a pivot point
Not sure where the "like" button is, sorry. So publicly I'm gonna say THANKYOU!!
The like button is top 2 thirds of the chart, to the left
Your public tank you is worth a 100000000 likes

THank you for being so kind
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