EverythingForex

CLOSED TRADE: FULL ANALYSIS: AUDUSD: GREAT TRADING OPPS! +183

FX:AUDUSD   Australian Dollar/U.S. Dollar
745 4 17
During my last update in this pair (see Related Ideas: "UPDATE #1: FULL ANALYSIS: AUDUSD: GREAT TRADING OPPS! +122"), I had closed 50% of the LONG positions for a pocketed profit of +122 pips. Before the NFP, I had suspended all trades including this one by hedging them effectively "closing the trade".

I "suspended" the trade at 0.71514 thereby locking in a profit of +61 pips on that other 50% of the original LONG trade for a combined profit of +183 pips on this trade.

The NFP has invalidated pretty much all my wave counts and pattern so I will be re-analyzing this pair from scratch before I decide to take any more trades on this pair.

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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 or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. 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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Reply
Rayge
a year ago
how do you think 0.696-0.7, here is 0.886
Reply
EverythingForex PRO Rayge
a year ago
I don't have any opinion for now. I will be re-analyzing this pair before I have any opinion. Thanks.
Reply
naeem12300
a year ago
nice and really appreciate your hard work would you please share your weekly or daily count or view for eurusd thanks
Reply
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