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ProFX_Strategist
Aug 31, 2016 12:39 PM

AUDUSD - Upside Potential Long

Australian Dollar/U.S. DollarFXCM

Description

Note(s):

There is a potential for a powerful wave-5 to the upside (& here is an opportunity to catch it).

(I'm also in this trade currently.)

*Smaller trade size only (should any risk arise from sudden USD strength/rally); keep stop-loss tight & actively use T-SL & BE-SL to prevent untamed losses & to secure any profits.

Best regards.

Comment

Added another 1-lot Long position (at 0.75020) just now. (Still can add another Long position right now, but I'll wait & see...)

Regards.

Comment

SL moved to break-even position (with some profit).

*I think it's less likely that I will add anymore Long position(s) to this trade. (But I will see...)

Regards.

Comment

Taken out at BE.

I will look to Long again.

Regards.
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