Ichimoku_Trader
Long

Nice trade to the target zone...

FX:AUDUSD   Australian Dollar/U.S. Dollar
2389 22 49
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1. Find a long position (try to get a good deal)
2. Stop loss just under DCL
3. Going to the target zone

Note: If we cross 'CL before the sell signal the sell is no longer valid

Good luck
Comment: CORRECTION IN POINT #3:
IT SHOULD READ ... If we cross 'CL before the buy signal the buy is no longer valid
Trade closed: stop reached
Look like a bearish Pattern 121 formed. A short on this pair...
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cutloss...thanks
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Does that mean that you will long AU with a SL below .7300 for the target zone?
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yes
BUT this is a daily trade so don't take it unless you can handle a daily stop loss
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I am long in this trade, decided to keep the H1 entry although missed to close long during the FOMC spike. Now NZD GDP and AUD employment news approaching in coming hours. NZD GDP may come weaker, and affect the AUD to go lower along. However, I expect AUD employment number to be better that would have better impact. Above all the big engulfing bull candle shows the correction is over and we are surely bullish. Lets see!
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ok
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nice
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you think that take a long position in this pair before the FED news it's a good idée ?
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Ichimoku_Trader SamMezoughi
I think that what I have put on my chart is a good idea ;)
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Missed bottom at the .7330 range, and had another shot at it before I went to sleep, but didn't pull the trigger since I'm heavily long USD/CAD. Latter trade working brilliantly, just wish I had entered the AUD/USD long as well. I'm watching it closely today, and appreciate your posts and updates. One thing that would be a great addition, is if you had the pair referenced somewhere in the title of your new posts. I get so many emails, and would be nice to separate out pairs I don't trade. Thanks again for your commitment to this community.
+1 Reply
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