AUDUSD: Long entry

12. Feb. 2016

I'll enter long positions in this pair if we break resistance and reach the price I signal on chart: 0.71645
Once triggered, it'd be probable to rally to one of the 3 targets on chart, and potentially more.
For the time being, the cap resides at 0.72148, so after reaching that level it might be wise to monitor price action closely.
The odds are pretty good for this setup, considering the fundamental landscape, as well as the technical picture this chart shows.

Good luck if taking it,
Cheers.

Ivan Labrie.

15. Feb. 2016

Trade ist aktiv

We have entered using a lower timeframe last night, in good profit and added this daily entry as well.
Good luck!

16. Feb. 2016

Anmerkung

We took a short term retrace long and already hit tp safely, holding the core trend position, aiming for the top.

16. Feb. 2016

Trade wurde manuell geschlossen

Closed all positions in profit earlier today.

21. Feb. 2016

Anmerkung

Sideways for now, waiting.

21. Feb. 2016

Anmerkung

Copper is forming an interesting setup, I wonder if we'll still see upside here, it looks like it for now, but very volatile.
Perhaps we can find better proxy pairs for this scenario (copper rally)

3. März 2016

Trade ist aktiv

I'm long AUDUSD again, will add if it retraces. Potentially a very sharp move up will come.
(entered yesterday)

9. März 2016

Trade wurde manuell geschlossen

This is a good exit for this long. Either close in full, close half or 75%, and trail stop to entry price...and/or trail stops using 1 ATR under each close.

26. März 2016

Anmerkung

All longs closed, I'm short from 0.75706 for the time being. We have closed under the red box (low volume resistance zone, so we could see continuation down.

28. März 2016

Trade wurde manuell geschlossen

I'm now short audusd from 0.75706.