Euro / Australian Dollar
Short
Updated

EUR / AUD South

69
Our friend € feels kinda tired. I feel for shorting when price comes up to 0.5 and hit bollinger middle band. Set stop-loss above last highs. Set primary target to 1.40440, secondary all the way back down at 1.39600

Good luck guys and girls.
Trade active
Opened 2 mini lots at 1.41209 Let's see if my plan holds. :)
Trade active
Looks like perfect stop-loss hunting. I'm stil in even if price went above my shown stoploss zone. When trading with mini lots, good margin and big stop-losses you will often be safe.
Trade closed manually
Closed with loss. Had even an open position on AUD/CAD which was moving together with this pair I discovered later. So I closed it too, with bigger profit than this loss. Lucky.
Note
Well, closed to early, shame. it's working.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.