SimpleTradingTechniques

EURAUD - BEARISH Strategy

Short
FX:EURAUD   Euro / Australian Dollar

Go short the EURAUD if it trades at 1.4526 or lower. If triggered, place your stop at 1.4761 and exit the position for a profit at 1.4369 or at your own discretion. (Always invest wisely).

In this idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for large moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening
Trade active
Trade closed: target reached:
157 pips move in the bag after standard exit hit @ 1.4369
Trade closed: target reached:
53 pips move in the bag after market deciding price exit hit @ 1.4473

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