Friday, February 8

Reversal Long Trade

Trading long on AUDUSD, 4H @1.02998 the trade is against the trend, my mistake here was not placing a take profit point duh! If I did I'm already out by this time. You can't rewind time so be it. My plan right now is to leave the AUD and see what next week will bring. BTW, you've probably noticed lots of the pairs on recent tiers are pulling back there would be plenty of opportunities coming soon.

The entry


The next morning


Edited Monday, February 11, 2013 at 7:05AM:
Stop loss got hit last night @1.0281 for -4 because of this I've also cancelled my AUDNZD buy stop order. This will give me more time to see the market with fresh eyes.


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