shevectorie

End of correction intra-week scalp [Breakeven]

Short
FX:EURAUD   Euro / Australian Dollar
I am contradicting myself in not trading the correction but there's a 15 pip risk and a 150 pip profit target on this one.
I am already in the trade because of the wicky setups a few minutes ago hence the 15 pip SL.

Trying my luck since the waves look solid and clear..

Credits also to Inside Market for noting the short term waves :-)


***Update same day: Half position closed when price started to retreat +25, got stopped out at break even.
It doesn't matter whether you're right or not as long as you make pips. :-) (...and follow your trading plan)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.