Long

Updated

AUDUSD BUY

Get ready to BUY AUDUSD in the next one to two weeks.
Will update ENTRY, TARGET, and STOP LOSS when it happens.

Note

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Bought 400,000 Lots at 0.67200

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400,000 Lots BUY LIMIT at 0.6695

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All out of 400,000 lots at 0.6715

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for a 20 Million lost

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Ok getting ready to BUY AUDUSD again if it holds

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Bought 400,000 Lots at 0.6709

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STOP LOSS at 0.66782, 1st PROFIT TARGET at 0.67938 for 1/3 out, will use TRAIL STOP for the rest until it reach 0.70311

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400,000 Lot BUY LIMIT is still on at 0.6695

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Will get out of everything if AUDUSD goes below 0.6705

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All out at 0.6705 for lost

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16 Million Lost

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Total of 36 Million lost.

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Cancel 400,000 lot at 0.6695

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Bought 400,000 lot at 0.6691

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Added 400,000 lot at 0.6685

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Added 800,000 lot at 0.6661

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Exit 800,000 lot at 0.6660

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For 8 Million Lost

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Total lost 44 Millions, so far...

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Bought 800,000 lots at 0.6654

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Exit 800,000 at 0.6650

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Bought 800,000 Lots at 0.6620

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Exit 800,000 at 0.6625

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Bought 800,000 at 0.6615

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EXit 800,000 at 0.6610

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BOUGHT 800,000 lot at 0.6606

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Total 76 million realize lost

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Added 400,000 lot at 0.6596

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Added 400,000 lot to 0.6585

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Ok, now AUDUSD should go back to the 0.6655 or 0.6690 price level, but it's probably going to come down one more time before it push up.

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Setting PROFIT TARGET at 0.6646 for 2,400,000 lots

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Ok, it did come down one more time, so from here it should continue to the PROFIT TARGET at 0.6646. Lets see what happens next.

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Mental STOP LOSS is at 0.6560

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PROFIT TARGET at 0.6646 for 2,400,000 lots has been cancel. Will use TRAILING STOP.

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Okay, RECAP on AUDUSD, I was busy with my other trades, so I EXIT all of the 2,400,000 lots at 0.6635 for a PROFIT around 9:39 AM CT. Also, because it's Friday going into the weekend, so I do NOT want to hold any trade or positions into the weekend.

Not too bad, consider I was already 76 Million in realized LOST and I was using a new strategy to catch the TOP or BOTTOM of a move. In this case, the BOTTOM of the downward move.

I will BUY AUDUSD again next week, when the market present another BUY OPPORTUNITY.

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Get ready to BUY AUDUSD AGAIN this evening or tomorrow.

pstock123

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

pstock123