Monday, 3 January 2011

AUD/USD week 1

15 min Chart
Saddle point, Break up fractal

Buy at 1.0209







Close Position
Close at 1.0178, a total loss of 31 pips










2nd Trade
There's Bullish Divergent Bar between 50 - 61.8 Fibo, if my wave count correct, a possible end of wave 4..

Let's give it a try, buy at 1.0191






Close Position and 3rd Trade
Hit my stop loss at 1.0173, total loss of 18 pips..

Stop and reverse, Sell at 1.0174








Close Position 
Hit my stop loss at 1.0195, and then it went up, just nice! a total loss of 21 pips... :(





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