long on AUD/USD Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jul 27, 2016 1:25 AM

Looking to enter long positions on touches of orange upward trendline (daily trend) with tight stop below trendline around .74391 may be higher depending on where price is at the time.

As always feedback and comments welcome

Trade active

⋅ Jul 27, 2016 3:33 AM

entered @.74653
Initial Stop @.744 with 10 pip trailing stop
Initial Target .75015

*Trading Demo Account

Trade active

⋅ Jul 27, 2016 3:35 AM

Correction

Initial stop @ .74440

Stop has now been moved to breakeven.

Trade closed: stop reached

⋅ Jul 27, 2016 4:53 AM

Manually increased stop due to slow moving market.

Position closed @.74653 +22pips

Also took another AUD/USD long earlier this morning for a +5.5 pip gain.

Why, oh why can't this be a real account :-)

AUDUSD audusdlong