As I expect a broken of 7343, it is now.
So I take a SELL AUDUSD at 7237
SL 7267
TP 6860
AUDUSD exit
I am expecting AUDUSD to break lower but after europe market near to close, it still can’t break 7724. I exit my position at the moment, exiting all of my open usd position.
Downward movement of AUDUSD is much slow. So better take profit.
IF tomorrow AUDUSD was continue moving down, then it’s OK. All decision must come with all consequences.
Leave a CommentAUDUSD re-entry opportunity
USD in strong trend
USD has shows its strength. This is my collection of USD currency.
AUDUSD I have take profit for more than 100 pips previously.
I re-enter AUDUSD at 7345 and hoping the TP will be 6859. Which is 400 pips away. Right now profit 74 pips. And it is risk free, means, if the price move up, the SL will protect it at break even. (Actually 3 pips profit rather than zero).
If you asked how much % is it, depends on my SL. my AUDUSD have only 30 pips SL. So 74 pips / 30 pips = 2.46
I am using risk 3% = so it is 2.46 x 3% = 7.4%.
The same my EURUSD profit 73 pips and my stop loss is the same 30 pips so it is around 7.4%
USDCAD 65 pips with my stop loss 40 pips = 4.87%
GBPUSD 31 pips with stop loss 40 pis = 2.3%
NZDUSD 15 pips with Stop loss 30 pips 1.5%
So total 23.4%
And I am still waiting for AUDUSD to be 400 pips winner ( I will review). I may change the target upon chart result in important support.
My Signal will not correct 100%. Just hope it can be as little as 50% win rate, and it is enough to conquer the forex market. As long as you take more pips when you win. This will make you profitable forex trader
Leave a CommentUSDCAD Buy
My entry Buy USDCAD at 1.2869
SL 1.2829
TP 1.3220
Sorry for giving late entry for this one.
Just support USD strength, then it will make you profit (Sell EURUSD, Sell GBPUSD, Buy USDCAD, Sell AUDUSD, Sell NZDUSD)
Leave a CommentEURJPY Buy
I have exited all USD trades, including AUDUSD.
EURJPY has formed a double bottom and 123.50 is the resistance. The price has move up and back to 123.5 level.
Entry EURJPY at 123.86
SL 123.45
TP 126.20
NZDUSD Sell
EURUSD Sell
EURUSD just cross 38% (1.1387) so place the trade now.
EURUSD Sell at 1.1381
SL 1.1411
TP 1.0580
Should not sell if the price is above 1.1387.
Leave a CommentGBPUSD Sell
Sell GBPUSD at 1.4448
SL 1.4489
TP 1.4168
The NFP nonfarm payroll is actually bad, but the USD is still strengthening.
Leave a CommentAUDUSD in profit 100 pips
Today, before NFP (Non Farm Payroll), AUDUSD looks good.
Hopefully more pips a head.