After making a good run up from the latest bottom EURAUD hit previous resistance and pulled back as I expected albeit a little more down than I thought. Today we should see a move past 1.4780 and possibly pause at 1.4900.
I have been looking at the larger time frames (Daily and Weekly) and think that EURAUD might be a good candidate for a LONG and HOLD. Let's see how we pan out tonight and review in the morning.
No TP set.
SL will be manually moved up at a rate not meant to be stopped out at for anything other than some strange market action.
Very nice... I am still learning the ways of the long term position hold. I was in last night and closed out when I saw it pulling back. I lost a little from the profit but then bought back in at good bottom so hopefully I can just close my eyes and let it run.