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SimpleTradingTechniques
Oct 6, 2016 10:11 PM

EURAUD - BEARISH Strategy  Short

Euro Fx/Australian DollarFXCM

Description


Go short the EURAUD if it trades at 1.4686 or lower. If triggered, place your stop at 1.4787 and exit the position for a profit at 1.4605 or at your own discretion. (Always invest wisely).

In this trade 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 big 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

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