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where-is-the-flow
Sep 29, 2017 10:08 AM

AUDUSD - LONG STRATEGY - Long

Australian Dollar/U.S. DollarFXCM

Description

Good price level and timing to enter long

Comment

First target not acheived and head and shoulder invalidated.

For those who are flat at the moment (no open trade), it is possible to buy the double bottom now (0.7803) with the same stop (see graph).
---> Target 0.7853 (double top)

Trade closed: target reached

For those who bought the second shoulder @0.7838
--> TARGET #1 @Achieved --> +

Comment

Those who bought as per my first trading idea @0.7838 (second shoulder)
--> Target #1 reached @0.7865 : +27 pips
--> trade is still active to Target #2 @0.7903

Those who bought my second trading idea (2017/10/02) @ 0.7803(double bottom)
--> Target reached @0.7865 : +62 pips
--> Trade closed

Comment

ADP this afternoon!
If your trade is still active (you followed my first idea and you are waiting for target #2)
--> Secure Target #1 gains by moving stop loss to entry price

Comment

Stop loss at entry price reached - trade closed - Only + 27 pips for this trade
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