daytradersfx

More dropping then buying, I want 300 pips profit (at least)

FX:GBPAUD   British Pound/Australian Dollar
Have you traded GBPAUD             much? It's a pair that will do whatever it wants whenever it wants, and I love that... it makes me feel alive, kind of like "today might be the last day I ever trade!" Anyway, the money to make on this pair is outrageous, IF you are patient.

Here's what I want to see:
1. more more big move lower into the mid 1.60's (1.65 ideally) then i'm going to draw a short term trend line probably on the 15 minute chart and I'm going to buy every break up until I can get back up to the lower 1.70's (weekly pivot etc). At the time of this posting the pair is bounding around 1.6900's, 100-200 pip move up first will invalidate my trade.

2. I will start small on this trade, scale in with a bigger position a few times and target the low 1.70's

3. I will then run to the bank laughing all the way!

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ananora23 PRO
3 months ago
Nice plan! Thanks for sharing.
Reply
daytradersfx PRO ananora23
3 months ago
Thanks! It'll be a nice trade with a little more waiting, let's all make some money together!
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drbek PRO
3 months ago
good idea,good luck for all of us
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daytradersfx PRO drbek
3 months ago
I'll keep everyone updated as this trade starts to confirm and we get an entry point
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albert.callisto
3 months ago
Yeah you will run to the bank to ask more money for your trades...
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daytradersfx PRO albert.callisto
3 months ago
It's true, I could definitely be wrong.... it's just not very likely ;)
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ananora23 PRO
3 months ago
So we didn't hit 1.65 yet....but could this little bounce be IT?
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daytradersfx PRO ananora23
3 months ago
I already made money on this, about 100 pips. I'm looking at another set up on this pair, I'll post the chart later today or tomorrow
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ananora23 PRO daytradersfx
3 months ago
Happy for you....I was waiting for updates lol lol lol
Congrats!!
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