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Ichimoku_Trader
May 9, 2016 6:37 PM

Looking for a long... Long

Australian Dollar/U.S. DollarFXCM

Description

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We have reached the target zone and have now bounced off nicely.
Let's see what will happen next

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Almost there .. Almost broke the bearish market structiure

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We have confirmation of a short term bullish market now
Price is currently retracing so we have good buying opportunities. Try to enter as cheap as possible.
Stops just below the lows.

Good luck

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I hope everyone is already in

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Our strategic objective for this trade is very very nice

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We want to go up while bracketing the market everyday so that if it flips down we will have a great position to make a lot of pips and a few pips from the original trade and if it continues up as we think it might we will also have a great position and a lot of pips

I guess a winner is a winner
and you are all winners, I hope
Good luck

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and we are offfffffff ... I hope

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Moving very nicely

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@0.74174 expect a retracement. Maybe deep
So try to do some MM there

Good luck

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That's about 75 pips from my entry minimum 45 pips on the break

Trade active

I've updated this trade on an H1 chart so please follow it there.
this chart is no longer active
Comments
Ahmed_bunah2
Using Ichimoku cloud, we can short at 0.7498 area the support line, if it will rally to it. also it is down trend at 240 TF. What do you think?
Ichimoku_Trader
I think we should be ready to go down at any moment
TradeHuntFx
a break of the DCL and re test can provide another buying opportunity?
Ichimoku_Trader
I would wait for tonight's pullback
We are still moving with low momentum so keep expecting deep retraces
DCL is not deep enough
TradeHuntFx
ye I am planning on entering again on a pullback and then again of DCL break and then again at kumo cloud break...if we reach that level
Ichimoku_Trader
I like to add ONLY when I have secured the first position profitability. and then add on top of that
It's your call
Bayron2304
What to do....what to do....hmm....
Ichimoku_Trader
hmmmm

tell me when u find out
Bayron2304
Well this is the dilemma I'm having right now. I think I might stick with shorting though



Ichimoku_Trader
the CS setup will give you the sell and set you up for the buy if you are wrong
You win both ways
So what is to think about?

Also, it is not nice to bring someone else's work here. We should respect the work of everyone

Good luck
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