hongkonginvestor

Trade Review - Bullish Cypher EURAUD 4H

Long
SAXO:EURAUD   Euro / Australian Dollar
Bullish Cypher spotted late last week on the EURAUD.

  • Set an aggressive buy limit order at 1.47283

    Stop loss set at 1.47283

    Take profit 1 is at 1.49582

    Take profit 2 is at 1.50993

    If TP1 is hit I Will roll stop loss to break even for TP2
Trade closed: target reached:
Target 1 hit at 1.48377 (targets adjusted as D leg completed lower and lower).

Stop loss moved to break even for a risk free trade.

+0.23R
Trade closed: stop reached:
Second half of position stopped out for break even.
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