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hope.bleecker
Apr 19, 2016 10:59 PM

Aussie reverse out at the 127 Short

Australian Dollar/U.S. DollarFXCM

Description

My D extension is a few pips higher. However with current conditions, I am off my long positions and looking for a counter trendline break sell back into the .50 support that defined the midpoint of this long move.

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This is your first support area on aussie.. I am pulling to break even on the short and one off for 30 let's see if we can break this line.

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Ok I am leaving this, pulling to break even. I have another one off for 90. Let's see how it runs.

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OK this is an update for Sunday evening April 24 8:13 pm New York time. Still riding the short and staying bearish targets into 7360. Selling down abcds on the two hour chart until we get there.

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I am off of these the stop closed for break even. Thanks!

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Added this morning on the short at 7640... expecting more down into the targets next week at 7360... Thanks and have a great weekend.

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still on look lower!

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40 more pips and off for a total of 330 pips. Getting a ton of movement on this pair this month.Coming off at 7365

Trade closed: target reached

Completed this trade. How was that ride? That was good!
Comments
PCTradeKop
Looks good for short...
Qasimshahzadgt
now short trend continue. what is first tp and second tp ?
sam.aziz
LIke that trade. I just took it too and also longed the EURAUD
hope.bleecker
Love it too. running euro aussie from 1.4566
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