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kennyboy5601
28 apr 2013 17:58

trendline bounce Long

Australian Dollar/U.S. DollarFXCM

Descrizione

the obvious trend on this pair is long this seems to be an ideal area to go long seeing how this markey seems to respect this long time trend line in a perfect world i would love to get in at 1.0250 with a 40 pip stop and a take profit at recnt highs of 1.0500
Commenti
kennyboy5601
i got filled on this order close to my perfect world scenario the trade is 100 pips in profit ill close half my position now move stop to breakeven now regardless of what happens now my worst case scenario is being closed out with a 2.5 to 1 risk to reward winner
kennyboy5601
no trade is promised to be profitable but its all about stacking odds in your favor
kennyboy5601
oh sorry but i forgot to mention the indecision bar on the trend line signals that bulls are trying to enter market
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