Showing posts with label audusd. Show all posts
Showing posts with label audusd. Show all posts

Wednesday, 4 May 2011

Aussie dollar - First trade in a long time

I took this one this morning after a long time without even looking at the charts.

The purple ema was below the red ema.
CCI and Stochastic were at their respective highest levels heading down.

Entry, SL and TP market in the picture.

Thursday, 10 March 2011

Another perfect setup on Aussie 1h chart

I didn't take this one but it was another example of a perfect setup.

 The vertical red line shows the trigger for a short trade, since this pair was in a down trend and the purple 20 ema was below the red 80 ema.

Entry point is shown with a down arrow, stop loss with a X and target profit the green hand.



If i were in i'd have bought half-stake when the price reached my yellow support line, bring SL to BE and let the other half hit the TP.