Technician
Short

Swing Playing the EURAUD

FX:EURAUD   Euro Fx/Australian Dollar
542 8 7
Closed short at 1.3540.
Profit(pips)= 45x2=-90

Major shooting star at horizontal resistance and 50-days SMA . This trade may take multiple days to unfold.

10 Trades to 100 Trades
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Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losses is a main part of the game ;)
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Trade is active now
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For the Swing tradind that is the best pairs EUR-AUD so predictable with the MAC 12- 26-9 and the Bollinger Bands 20- 2 on Mt4 for me it`s 10 on 10
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Hopefully this idea is still active and achieved.. At least until the first target is achieved
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:0) I Hope so.
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chatchoc Technician
I get trap on the upper side yesterday and today but not for long, The AUD maybe touch the 0,9024.... but news say : AUD is vunerable because Chinese and commodity currencies.
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Closed short position following above expected euro-zone CPI
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Technician TOP Technician
Closed short at 1.3540.
Profit(pips)= 45x2=-90
Reply
Strong break above the shooting star high indicates major buying pressures, good thing I closed my short earlier. Price testing a potential minor rising wedge resistance.

snapshot
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