UPDATE #3: ANALYSIS: AUDUSD: BAT TP1 + TP2 Hit (+172 pips)

284 2 9
This bat I posted in my previous posts have now hit both the TP1 and the TP2 for +172 pips gain. I will close 70% of all positions and let 30% ride with a trailing stop of 35 pips (20% of booked profits) to hopefully capture a few more pips on this wave 4 up.

I do expect a reversal back down soon though but then there should be more upside to go on this pair. I'll be releasing an updated analysis on AUDUSD             soon to try to see where wave 4 will end.

Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

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a year ago
Nice trade, congrats!
Thanks but I hope you caught it as well! I'm not posting my trades here just for my ego. My hope is that what I post will help people to learn to trade profitably. GL!
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