aceofswords
Short

An Exercise In Patience~Short Aud/Usd and Hold To 0.75255

FX:AUDUSD   Australian Dollar / U.S. Dollar
345 0 4
SELL AUD/USD             from 0.236 Fib level at 0.76716 Take 146 pip profit at 0.75255, place stop at 0.77364........

Slightly more than 146 pips might be available, but you don't want to be clinging on for the sake of a couple of pips, at the point where the world and his wife decide to exit at the same time and trigger a reversal that then eats away at your profits.

Light volume and a shorter week for some may test your patience.......Hold the trade, patience is a virtue, especially in trading.
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