jemi_alajmi
Long

95% with 4 reasons long in AUDUSD 30M chrt

FX:AUDUSD   Australian Dollar/U.S. Dollar
140 3 0
reasons to enter :
1- trend line 5th time
2- support
3- 11.4 from the second move
4- nearly 50 from first move

SL :

1- below 38.2 first move
2- below 127.2 second move


TP1:

1- resistance
2- 61.8 second move


TP2:

1- 11.4 first move
2- 88.6 second move


just 2 TP

*** move stop lose to entry if we hit TP1
what is 11.4?
Reply
it's 100 - 88.6 = 11.4 i use it

because Fib levels are:

100
88.6
78.6
61.8
50
38.2 ( 100 - 61.8 = 38.2 )
23.6 ( 100 - 78.6 = 23.4 some ppl use it as 23.4 and others use it as 23.6)
11.4 ( 100 - 88.6 )
0
:)
Reply
sl hit with 3 pip :(
Reply
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