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Short AUDUSD

Went short 2 @ 9763, Stop @ 9781, Target 1 @ 9702

Looking for a bounce off the bottom of the upwards trendline.  Price is way outside the Booker Bands and the Bossilator is way overdue for a retracement to the 800 SMA.

Got stopped out almost immediately @ 9781.  Lesson: the stop was way too tight.

-36 pips
-$3.60

AUDUSD

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1 comment to Short AUDUSD

  • kawika pipmonster

    With Robs stuff he has wider stops using 10-20pips past the nearest swing hi/lo if i understood it correctly.