Tuesday, 24 January 2012

AUD/USD Analysis

Going to have a 2nd bite of the cherry. Still think the bulls are in control bouncing off support and 8ema today. Order to go long as peer below:

STOP: 10420
ENTRY:10480
LIMIT: 10690

RISK/REWARD: 3.5/1

2 comments:

  1. Order triggered overnight and trade running well, stop moved to b/e.

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  2. closed at 10646 for 166pips. Got to within 5 pips of my limit yesterday but didnt reach. Closing out as it struggling at this level.

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