Long

AUDUSD CYPHER LONG 1H

Updated

I manage to get in to the trade a little bit above the entry point 78.6% of XC

Thats why i set my first target a little bit above the 38.2% of CD

and the second at 61.8% of XC

One problem with this trade though.. C point didnt quit reach 127% ox XA but its pretty close... I got in with half o f my usual position size but anyway. Sorry for uploading the idea after the trade.. Maybe its going to give an other opportunity for a long entry

Note

AUD retail sales in a few hours...! i hope for the best other wise the SL are doomed.. :P

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Okey first target all most reached and the retail sales helped but now RBA Assist Gov Kent Speaks lets see where he can take the price..

Note

i Put my stop to break even.. i couldn't take profit at 38.2% cause of the r/r but at least i am not going to lose money either Right now i think his Kent's speech its going to determine the hole game here so... its win or loss

Note

lets not have a loss at least..

Trade closed manually

Closed manually at 0.76224
Well lower lows lower close alla the time with this thing...

So in the 5min and 15min i said if closes below the previous High after the D leg i am moving out... There was momentum so i said lets make some pips instead of the break even...

I did follow my rules but i hope i had a better entry so i could took my profit at 38.2% as i suppose to...

Anyway if you kept up with the trade thank you! :)

jaktrader

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