Andrew's Pitchfork - AUDUSD Long Opened

FX:AUDUSD   Australian Dollar / U.S. Dollar
54 0 1
Price dropped a bit lower before the candle closed but the trade is still valid once the pitchforks were adjusted.

Profit targets are the at each fork on the pitchforks and SL is trailed each time a target is reached.
Trade active: Entry: 0.73348
Profit Target 1: 0.7350
SL: 0.73193
RR: ~1:1
Comment: Price appears to be respecting the red pitchfork. Moving SL to a few pips below the last low to limit loss overnight.
Comment: Price tested the initial low and there is a lot of downward pressure. The low must hold for the trade to stay valid.
Trade closed: stop reached: Price moved lower overnight and reached the new SL and potentially the original SL. A reentry could have been made based on the new candles had I been awake.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out