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Art-of-FX
Sep 12, 2016 7:22 AM

AudUsd trendline important TL coming up.  

Australian Dollar/U.S. DollarFXCM

Description

Regardless of the overall direction the AUDUSD is headed long term, i think this will be a safe trade with a nice R to R ratio. Will look for a nice entry candle somewhere around the Trend line, and play it to the rectangle. I will take profit around there.

Comment

Stop in 5 pips profit, just wait and watch risk free now. Good luck

Comment

Stopped out plus 5 pips. Could have taken 25 or 30 but dont like to cut trades off, prefer to give them best shot of hitting target.
Comments
Gino
Re-entry, .7410's ?
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