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ernstschwarz
Jun 6, 2018 7:21 AM

AUDUSD 2618 trade (look at 5M timeframe) SELL idea Short

Australian Dollar/U.S. DollarFXCM

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please look at 5 m timeframe and find that same 2618 trade.

good luck an ddont risk too much! calculate your stopploss and make sure you cant lose more than 1% of your account when sl is hit!

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pic of 5 m chart (was not allowed to publish it as a 5m chart idea...)

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you could trade this as a 15m timeframe inside bar breakdown...

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for the 2168 trade: adjust fibs because it dropped lower and keep on doing so

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it became a 1h candle inside bar

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price broke double top. abviously not what i expected.. my sl is 0.7678

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i gave it another try with that 4h inside bar after new high was formed.
entry order got triggered @0.7650, now sl is put to breakeven.

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stopploss 10 pips (plus your spread maybe) above a double top is always a good idea so you dont get shaken out
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