QuileHills
Short

AUDUSD Potential Earlier Reversal

FX:AUDUSD   Australian Dollar/U.S. Dollar
306 4 9
I've put in a Sell Stop position as shown to catch AUDUSD             on a break down through it's trend support. If it heads back upward toward teh highlighted area, I'll reexamine for a higher entry price on a short.
Your trade never triggered in this setup. Is there any specific way you set your Pending orders. I mean is there any rule you follow
Reply
QuileHills forexmech
I just put them at a level which I feel is safely past the support or resistance I'm looking for a breakout of. I don't have any precise mathematical formula for it or anything, just based on intuition developed through experience.
Reply
Looks like no early downward break. I'm going to continue to watch for a higher short entry price. I'll post a related idea if the opportunity presents itself.
Reply
i like it, ty
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out