BUYING AUDCAD NOW at market price - pure technical
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
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
עסקה פעילה:
SL trailed to break-even. This is now a risk-free trade.
עסקה פעילה:
SL trailed to lock in 10pips
עסקה סגורה: הגיע לסטופ:
Trade Closed: Stoped out with 10pips profit.
הערה:
Now waiting for news event to pass then on monday, I will consider re-entering.
Entry 2 pending order is still intact.
Entry 2 pending order is still intact.
עסקה פעילה:
I got back into this trade at London open, so it's game on...
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--
--AM OUT--
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!