AUDUSD seems like pushing down further
Same like the previous AUDCAD pair, looks like it's going to push down further.
Note: This week, I'm trying up again the simple S&R method, trying not to put too much things on chart, and focusing on what I think it's going to work. On the chart, I plot 2 simple S&R area, identify the trend, then take trade of 1:2 RR with the trend, just set and forget. As simple as that.
However, here's my action next:
Note: This week, I'm trying up again the simple S&R method, trying not to put too much things on chart, and focusing on what I think it's going to work. On the chart, I plot 2 simple S&R area, identify the trend, then take trade of 1:2 RR with the trend, just set and forget. As simple as that.
However, here's my action next:
- If it goes to 1:1 RR, I'll take partial profit, and then set BE (so it's risk-free trade, in fact, securing 1R in the pocket).
- I will not monitor losing trades.
Trade closed manually:
This trade were closed manually, didn't have time to update this page since I can't add comment on the TV mobile app.
It was cool to see reached half the profit, before I close partial on 1/3 of the profit, and then set the rest as BE. If I didn't do this, it would've been a 1R loss. Even if it happens, it should be okay too.
It was cool to see reached half the profit, before I close partial on 1/3 of the profit, and then set the rest as BE. If I didn't do this, it would've been a 1R loss. Even if it happens, it should be okay too.