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boring_trading
23. Febr. 2020 21:37

AUDUSD Supply & Demand setup Short

Australian Dollar/U.S. DollarFXCM

Beschreibung

Two setups, one short term, one long term aligned with the macro outlook.

On the short term front I'm trading the last significant supply zone with a tight stop. This is more of a risky trade with a tight stop.
Long term we trade the supply which broke the 10y low with some coronavirus news. Expecting this to be steel resistance, nevertheless used a more conservative stop. Aiming at the demand zone below 0.65 in this setup.

Trade geschlossen: Ziel wurde erreicht

Target hit on both trades
Kommentare
NotSoRougeTrader
Try to take entry at around 0.66123
NotSoRougeTrader
@akibrobiul, see? my entry was almost the top for today.
boring_trading
@akibrobiul, nice! what was your entry based on?
NotSoRougeTrader
Your short is ok, but your entry is too high and will not get filled
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