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Aud.Usd – stopped out @ b/e

The action gave a max of 82 pips (perhaps I should have been satisfied :) ……but unfortunately it then headed in the wrong direction.

No damage, as I had put the stops to break-even once the pip total got to 40 average……

Its a good practice to protect your position once you get to 40/50 pips

I’ve attached a chart where you can see the ML was broken and tested and that was the sign to get long. I was unfortunately in bed asleep (night-time in NZ)…..so I unfortunately missed out on another 140 pips

Good weekend all – arco

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2 Responses to “Aud.Usd – stopped out @ b/e”

  • arco:

    Unfortunately I missed the reversal to long as I was in bed asleep….but it was a classic ML change of polarity situation (test and re-test).

  • Catalin:

    Nice trade arco
    You had a good trading week like all the time…nothing new:) just making pips.
    Have a great weekend

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