Trader_Joe_Lee

AUDUSD inside day trading plan

Trader_Joe_Lee Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar

Last week I posted this inside week long for AUDUSD, although it almost stopped me out, it held and it was able to make new high to get my risk-reward stop.

Today there is an inside day for AUDUSD, I DON'T recommend trading the long this time as it's not realistic to expect the 1:1 kick at a new high level, and there is a bearish bat ahead.
Putting the out of the long position to the inside day low is a good idea, and maybe a good flip to take part in a potential double top.
Comment:
Put the out of the inside week long to 0.8040. (yesterday's low)

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