FX:EURAUD   Euro / Australian Dollar
EUR/AUD looks like its falling off a cliff . My indicators are telling me there's more downside to come. I'm in at 1.7432 with a STOP at 1.7798 and a TAKE PROFIT at 1.6557. I expect some big swings so a large STOP is necessary but I expect this trade to make progress quite quickly and I can get a B/E STOP before too long.
Trade active: Thus trade is currently +148 with a 48 pip STOP. Not sure why I have a LONG graphic on my chart - ignore that. Target is s1 Pivot at 1.6557 for a nice +870 pips
Trade closed: target reached: 249 pips locked in on this trade - with more to come - 1.6909 WS1 Pivot next level to look at