tntsunrise
Short

AUDUSD TRADING PLAN EXAMPLE

FX:AUDUSD   Australian Dollar/U.S. Dollar
19131 137 318
AUD SHORT AT 1.618 EXT
TOP of the Wedge , RSI

Entry: 0.7661
SL: 0.7680
TP: 10 times of THE RISK, 0.7461

Lot Size Calculate:
20 pips, Risk Amount: 200 USD
Trade: 1 lot
Potential Gain: 2,000 USD

My students are trained to write
this kind of trade plan for every single trade.


Comment: For a Complete Trading Plan, Please include:

Reasons to Enter

Entry
SL:
TARGET
Risk/Reward
Lot Size
Comment:
snapshot

NOW WE HAVE PROFIT AND IT BREAKS THE TREND LINE
Comment:
snapshot

PULL BACK RETEST
Comment:
snapshot
Trade closed: stop reached: Stop Loss hit, exit at 0.7681, lose 20 pips for 1 lot, USD 200.
exit first, that is the decipline, we move to the next good trade.
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Thanks
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Hit the post!
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Anybody knows if there's a fundamental reason why aud is so freakingly strong..?
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gcplau IAmAgainst
Global Rank GDP #3
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Bravo incredibly done!
Proud of you !
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GBPUSD looks like a good sell setup. Please take a look and confirm. Thanks.
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Win Some... Lose Some. On to the next one.... NZDUSD anyone?
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Thank you for this beautiful example of trade, with a plan, excellent ratio, a discipline!
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:)
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Bullish sentiment still in play on AUDUSD.
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