tntsunrise
Short

AUDUSD FAKE BREAK OUT AT 0.7740

FX:AUDUSD   Australian Dollar/U.S. Dollar
4393 25 139
AUD USD below 0.7740 again

Which means
The whole week is a fake break out
Look at the weekly chart
Such a long pin

I will still be bearish to AUDUSD            
as long as the price is below 0.7740
My target? 0.7211
Comment:
snapshot

this is how we do trend continuation
Comment:
snapshot
Comment:
snapshot
Comment: Waterfall!
0.7650 now
Comment:
snapshot

Hey Traders, are you still in this trade?
Comment: First Target Hit: 0.7450
Comment: Make lower low, now is 0.7400
Another 200 pips to TP2
We enter at 0.7820, now is 0.7400
400 pips.
Again this trade demonstrate nicely:
If win, we win big, if lose we lose small.
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your goal today 0.7211?
Reply
Very nice! SL 0.7750 area?
Reply
thanks! it may go to .7785 once more for test uptrend line, then will try to sell
Reply
If 76500 didn't break it will touch again 78100 to 78200
Reply
what happened?
snapshot

Reply
tntsunrise TOP mcpeacocks
dollar suddenly fall
+1 Reply
Not sure why but seems like the fake breakout is becoming a real breakout soon.
Reply
Great trade Jack, bad Australia CPI data confirms your trade!
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....And we love waterfalls!
Reply
Why should we adjust the SL to Jack?
Reply
leong801 manish101
You can dun put Sl If you dun mind lose. Jack already say lose just lose 2% win will be win 4%
Reply
No i'm out!! i'll re-enter on pull back!
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yes i still in... i took 1/2 profit! i hope to come short again at FIBO level... what do you spot, master?
Reply
Still In jack Thanks so Much. Are we still aiming for 0.7211
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Ya....holding both Aud/Usd(Short) & Gbp/Aud(Long). Will hold thru Us opening...but will close b4 FOMC rate. Too much uncertainties.
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Yes I am :-)
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Good job Jack...just for the same AUDUSD trade...a first short for 50pips lost....2nd short at 100pips higher level for a 170pips profit so far.... a good example for good Risk/Reward! Will you take 0.75 as TP1 0,72 as TP2 or all the way to 0.72??
Reply
yes. 0.7500 is the TP 1
Reply
gcplau PRO tntsunrise
Great...good to know...tks.
Reply
LukaszMosinski tntsunrise
Hi Jack, is it correct thinking?
https://www.tradingview.com/chart/lh7Wj4Zl/
Reply
tntsunrise TOP LukaszMosinski
when dxy is in one direction, trade audusd better.
audusd goes down, usdchf goes up, so audchf dont' know go where
Reply
snpd2010 tntsunrise
will u short it again now/ after pull back?

thx
Reply
Yeah! patience pays! Thanks a lot for this trade Idea man!
Reply
Why cad so strong but aud seems to go weak?
Which one is true?
Reply
Yes. I still trading
Reply
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