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Short AUDUSD

Written by Hugh, on July 17th, 2008

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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Category: My Trading   Tags: ,

This post was written by . His goal is to become a professional trader.
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kawika pipmonster

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

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