SMPTrader

Possible AUD/USD Short position!!

Short
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe - 1-4 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @ 0.7046 - .... and fall to the 0.692 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.692

FX:AUDUSD

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.692
Target 2 @ ....

Risk/Reward @ 3.5.1

Happy trading :)


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