TradingView
Numanti-Investment-Partners
Apr 12, 2020 1:04 PM
A long trade we took on AUDUSD
Long
FX:AUDUSD
60
Australian Dollar/U.S. Dollar
FXCM
Description
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Apr 12, 2020 1:04 PM
A trade we took based on the following idea:
Weekly BIAS
: Long
Volatility Channel
: Entry on dynamic support
Momentum Indicator
: "Oversold" - Indicating a good retracement
Volatility pivots
:Price just between them, in sync with the volatility channel
Target 1 - Volatility Channel
Target 2 - Daily Volatility Pivot
Stop loss - Below Daily Volatility Pivot , always enough to favor a R:R above 1.
You can check more about how we trade based on our system posted in our profile, "Gandulfas Trading System"
Trend Analysis
Technical Indicators
Comments
initialjie
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Apr 12, 2020 1:05 PM
buy now?
Numanti-Investment-Partners
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Apr 12, 2020 1:07 PM
@initialjie
, so the way we trade is to wait how Monday price action develops to see where it wants to go. We don't typically open positions on Monday. So I would not say right now to either buy or sell. Patience pays off.
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