Closed the AUD.USD short at 0.8110 , with +325 pips profits
i recommend following me on twitter as it allows faster access to position and blog updates.
if i had a full position i would have probably closed only half position and leave the other half to work ,, but the move down started on a tricky day ( Friday + NFP ) so i didnt want to put a full position on a day like this but i ll be looking to re-short when i see a clear correction pattern.
i hope everyone was fully alerted to my positions and trades and made some good profits so far this month.
love to hear ur comment and suggestions
Why now Jesus. Are you expecting a big retrace or something? Yearly low not valid? Big thanks for the trade by the way.
ReplyDeletewell , king ,, i see more downside to come but the RSI now is extreeemly oversold , and i m expecting a bounce but not a deap one , but its better to quite the position now , 40 pips from our target ,, than watch the trend retrace like 50-100 pips and regret we didnt take the position out and re-enter from the highs .
ReplyDeleteand as i said ,, if i had a full position i would have cut half of it and left the other half in play , but we only shorted half position
i ll re-enter short as soon as i recognized a proper corrective wave up.
as soon as i feel that it formed a base before correcting higher , i ll post a chart for the levels to watch to renter short .
and king ,, make sure u follow me on twitter to get this position updates on ur cell phone
ReplyDeletei dont wanna anyone blaming me of making a sudden decision or adjustment to the position , twitter is the best way to get to ur guys on time :)