AUDUSD 60min Bear TCT

FX:AUDUSD   Australian Dollar/U.S. Dollar
I got triggered in a short on AUDUSD             60min. This is a Trend Continuation Trade (TCT).

AUDUSD             on the 60min has been in a nice Bear Trend. I'm hoping it can keep it going! :)

Best of Luck!
Trade closed: stop reached: -39 Pips on this losing trade. Market was moving very structurally in a bear trend in this market. Was surprised to see this shift in trend or maybe it was just a washout out of shorts.. Who knows.. Oh well.. It had to happen at some point.
I'm keeping a close eye on this as well Kenny
+1 Reply
PateSkpate Akil_Stokes
I was a little surprised to get stopped on this one at all of the trades I posted last week.. I guess that's the way it goes, the ones you are "confident" in are the ones that stop you out and the ones that you are "uncertain" about (but still in your plan obviously) end up winning haha whatever.. I will never fully figure out these markets :)
+1 Reply
We just had a nice talk about that in this morning's Q&A, trading with an edge and how the "Best" opportunities will sometimes stop you out while the "ugly ones will turn profit
+1 Reply
PateSkpate Akil_Stokes
Awesome! Well I can certainly vouch for you on that!! Look forward to a light week of flying this week so i can get back to some daytrading. See ya in the Live Room tmrw morning.
+1 Reply

Looking to also get short on the AUD Pate :)
+2 Reply
PateSkpate StarProsper
Nice looking chart there! Yea I saw that Cypher lining up above my stops.. Oh well!
That looks like one of your flight patterns mate
+1 Reply
PateSkpate Ian.Watts
Hahaha I'm not that good Ian :) Better bring a trash bag if you fly with me!!
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