DavidPortaro
Short

Potential AUDUSD Short near .75 level

FX:AUDUSD   Australian Dollar / U.S. Dollar
snapshot
AUDUSD            

BEGINNER FOREX TRADER TRADING DEMO ACCOUNT

Indecision candles forming near .75 level on 4hr chart. Candle with blue arrow above initially saw buyers push price up but sellers fought back to bring price below close. Next candle quite bullish , but current uncertainty around the weekends election could drive price low (unfortunately may gap lower on open)

Depending on how price opens will look to enter short (on retrace) if price closes below .74779

Stop @ .75138
Target @ .74076
Trade Idea Failed.

Entered @.74779 on pullback after gap at open, but eventually stopped out @.75138 for a -35.9 pip loss.

Did I trade my plan?

No, I didn't enter on a bullish candle.
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DavidPortaro DavidPortaro
*Bearish Candle
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