Rennie
Long

Adding a final long to my long term AUDUSD long position

FX:AUDUSD   Australian Dollar/U.S. Dollar
Adding a final long at the .77 level will be holding this until December if not stopped out currently still holding to longs back from .763 and .768 I feel that I wan't to enter 1 more time though and just leave it to grow. Added with the DXY             weakness and beginning of inflation for AU I believe this can be a great long term trade with the potential for big rewards if no TP is set. I will leave that for my other two positions though. Levels are shown on chart feedback appreciated :)
YOU ARE RIGHT IN GOING LONG WITH AUDUSD
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Rennie aryahi29
It's at an interesting level yes
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Rennie Rennie
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Weekly key area, 1.618 extension, possible inverted H&S and R:R is nice but I just can't long it. Fundamentals are too strong against
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Discounts are on the table apparently
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Rennie kate25
I actually stopped fighting and joined the downwards pressure on my real account, the demo account can stay long longterm but it's in big drawdown currently
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kate25 Rennie
ahh - so you are short now
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Rennie kate25
well I stopped fighting the current but I will find a chance to re-enter once it has settled. DXY keeps climbing due to EU being so weak and it's effecting many pairs so I wait :). You using ideas to communicate or something now ^.^?
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kate25 Rennie
whoa - communicate - yeah no - good job there Rennie
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Rennie kate25
mhm... confused.
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I hope my story isn't wrong.
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