EURAUD Post News Trade Short + 100 Pip Potential

4 feb 2020We had a good push down on the AUD Interest Rate decision and this pair has now gone into a consolidation between 1.64752 (High) and 1.64418 (Low). Moreover, it is now below the 60 and 15 min KS, as well as the 15 cloud.

Entry = 1.6474
Stop = 1.6494
Risk = 20 pips
Profit target = 1.6374
Reward = 100 Pips
RRR = 5-1

Once this trade is up + 20 pips, move your stop to breakeven and let it run.

I would appreciate if you leave a comment or like as a thank you

Have a great week!!

Allen

4 feb 2020

Trade chiuso: obiettivo raggiunto

Closing this trade here at 1.6385, 11 pips short of our profit target but a Great 4-1 RRR trade :)