mrleh

EURAUD BEAUTIFUL LONG TERM SELL 800+ pips

Short
mrleh Updated   
FX:EURAUD   Euro / Australian Dollar
A couple weeks ago i sent out a trade for EURAUD to continue dropping after the A formation formed after the NICE M(double top) formed and dropped. YET! the market decided, 'lets get back to the last high and take out everyone on the sell" And they did exactly that! now the price is at the exact price of 1.61850 and now this would be called a "brinks trade" if anyone get the Steve Mauro reference. haha.

Our stop loss will be under 100 pips but our take profit is over 800+ pips, use smaller lots in the start but as soon as the pair forms a candlestick pattern, i dare you to place massive lots on the pair and bank thousands of dollars. Off this trade, with a 1.00 standard lot...that's $8000 win vs a $1000 loss.

Now what I want everyone to make money because all the market tries to do to most people is take the most money out of you possible...that's why 95% of beginner traders quit. But what they don't have is experince, patience, and skills to trade. Now go ahead, place this trade, if I'm wrong and it breaks the weekly high...go ahead and message me. Use risk management.

Cheers

EURAUD
*LONG TERM*
SELL NOW
Start: 1.61836
Stop loss: 1.62770
Take profit: 1.52995

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Comment:
Our stop loss got hit :(

Our stop loss was too small haha, I'll take it as a lesson and remember to place a bigger stop loss. the pair is now tanking like a bomb. a re-entry at the price now is good.

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