FX:AUDUSD   Australian Dollar/U.S. Dollar
4711 83 60
Range Trading
0.7300 is the range bound for the current price move.
Look Left, The previous Structure indicate lots of Selling
Pressure at this level.
RSI already shows the momentum is getting weaker.
Short audusd             at 0.7290-0.7300
SL: 0.7320
TP1: 0.7200
TP2: 0.7100
Trade closed: stop reached: Stop Loss Hit due to Holiday Spike.
Comment: Lose 30 Pips. Stopped at 0.7320
Trade active: Re- Enter Short Position at 0.7220, SL 0.7240
Pin Bar formed. that's the reason
Comment: Correction: Re-enter at 0.7320, SL 0.7340
Comment: Happy new year 2016!
Comment: Now the re-enter position at 0.7320 is a big winner
Comment: TP1 HIT, NOW is going to TP2
Comment: TP2 IS REACHING
Trade closed: target reached: TP 2 HIT. NICE TRADE. NICE PROFIT
Comment: Very good , After we Take profit at TP2, The price went up quickly
This shows a important rule:
You must know when to take profit in trading!
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Good Job .... I really appreciate your charts great job brother
Thank You
Reply
tntsunrise TOP SaudAlAzab
WELCOME BRO.
+1 Reply
Nice Trade TNT
Reply
Thank you bro! I hope you also earn this profit
Reply
TP 2 hit! Time to buy the AUD:)
Reply
yes!
+1 Reply
dejanlukic8888 tntsunrise
Nice Trade TNT !!
Reply
thank you learned Very following its Business theories, I have improved my negotiations following you .
Reply
I'am shorting as well bearish cypher formed perfectly on this wedge
snapshot
Reply
naxis_ac derekvela
nice chart
Reply
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