Posts Tagged audusd
Our trade for the week was the long of AUDUSD. If you looked at the previous post you can see why I went long.. it was the pinbar plus the weekly chart showed an area of support where the market went a few hundred points up the last time it hit this area.
I still think that AUDUSD could go higher from here, my actual limit stop was at 9695 but with the weekend coming up and me not liking holding trades over this period, I thought it would be a good place to take profit. There's always a ris
June 15, 2013
No Comments Full Story
Hi Everyone,
I'm really sorry that I've been away for a while.. I've been rather busy with quite a few projects. It's all very exciting and I hope I can continue updating this blog and keeping you updated.
I have been trading on/off lately and after going through a period where the results weren't too great, I'm happy to say that I'm back on form and disciplined. I'll write more about that another time but today I just wanted to let you know of my long entry on AUDUSD this evening.
On t
June 11, 2013
No Comments Full Story
This is what Friday's trade looked like. You can see that a support was formed at around 10400 and I went long after the second bounce of the support level. Although the price action was still in a downtrend, I felt that we had a good chance of a good move up from this level and hence the long trade. However, I got stopped out as the price action pushed down below support taking out the stop and then finished above the stop again. This to me looks like a push to trigger the stops b
February 3, 2013
No Comments Full Story
« Older Entries
