BUYING AUDCAD NOW at market price - pure technical

20 בספט׳ 2018

I am buying AUDCAD right now shooting for 82pips or potentially 212pips. Even though AC still looks bearish in a comfortable downtrend channel, I prefer to look into its future :). CAD seems to have come to the end of its bull-run and AUD still looks bullish. So technically speaking, I am officially a bull on AC.
If anyone is going to mirror this trade, bear in mind that I am risking slightly over 100pips from recent profits!! So, manage your money wisely :)
Now let the party begin :D

20 בספט׳ 2018

הערה

MY TRADE SETUP IS AS FOLLOWS:
I usually open 2 positions at Entry 1 (1 to be closed at TP1 and the second to be trailed towards TP2), and set a pending buy limit order at Entry 2 for TP2.

I risk a MAXIMUM of 1% on each entry hence a total of 3% for every setup. This way I can protect myself in case the unthinkable happens.
Cheers!

20 בספט׳ 2018

עסקה פעילה

SL trailed to break-even. This is now a risk-free trade.

21 בספט׳ 2018

עסקה פעילה

SL trailed to lock in 10pips

21 בספט׳ 2018

עסקה סגורה: הגיע לסטופ

Trade Closed: Stoped out with 10pips profit.

21 בספט׳ 2018

הערה

Now waiting for news event to pass then on monday, I will consider re-entering.
Entry 2 pending order is still intact.

24 בספט׳ 2018

עסקה פעילה

I got back into this trade at London open, so it's game on...

24 בספט׳ 2018

העסקה בוטלה באופן ידני

Am out of this one now. It's failed to pan out within my time limits. I will settle for the 10 pips I made on the first trade.
--AM OUT--