FX:EURAUD   Euro Fx/Australian Dollar
157 2 5
A valid rejection at a key level - Trend is predominantly down - Will Short at a pullback

Good luck
Trade active
Comment:
EURAUD - Short
Comment: TP 1 taken out
Comment: Move stop at TP1
Comment:
EURAUD - Decision Time
Comment: 1:2 R:R for TP2 approaching
Comment: TP2 Taken out
Trade closed manually: TP2 achieved - Closed remainder of short position manually
Comment: Positions at Entry

1st position @ TP1: 136 pips
2nd position @ TP2: 304 pips
Trade closed: target reached
H Andrew, where did you enter given that it did not reach the pullback zone?
Reply
Hi okok, Entered at 1.48968 (see details on chart) - at the open of a previous pin. I usually switch on to lower timeframe (1hr) for entries. Look for weakness or rejection on horizontal key levels.
snapshot
+1 Reply
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