If you look at the related idea you will see the profits made from the previous AUDUSD daily trade. This trade uses the exact same blue line as entry point for the short.
Place stops above blue line and enjoy the ride down with me once again.
Do not be alarmed if the trade heads to the blue line again. Every pass under the blue line is another entry point. Patience is the key here. And if by some chance there is a strong break of the blue line... then well you know the direction has changed and you can profit on that side too.
"If you can't beat them, join them" is the key to success. You cannot beat the market. Only join it.
Place stops above blue line and enjoy the ride down with me once again.
Do not be alarmed if the trade heads to the blue line again. Every pass under the blue line is another entry point. Patience is the key here. And if by some chance there is a strong break of the blue line... then well you know the direction has changed and you can profit on that side too.
"If you can't beat them, join them" is the key to success. You cannot beat the market. Only join it.
Comment:
Stopped out.
I will sell again if we break back below the blue line.
For now, my buy order was triggered at my stop loss position. Currently placed stop at just below BE and will be moving up until a target becomes clearer... I am still planning to sell hard on this pair this year. We will pass below the blue line again sooner or later.
I will sell again if we break back below the blue line.
For now, my buy order was triggered at my stop loss position. Currently placed stop at just below BE and will be moving up until a target becomes clearer... I am still planning to sell hard on this pair this year. We will pass below the blue line again sooner or later.
For those already in. Just relax and look at the long term.