Disliked{quote} EURAUD Long Trade Closed: Closed for gain of 33.2 pips average, 332.3 pips total. Picture perfect setup in LS: Dragon up, Trend up, Dragon above Trend and PA above both, and with PA strikes back down into the Dragon during the position building activity in the EP zone! Quick in and out with minimal draw down during trade. End of LS and probably end of any further substantial move. It might even retrace in after hours. Took profit no matter what happens next. Will look for possible retrace/new entry opportunity tomorrow because this exhibit...Ignored
this week, if there was one swing trade that looked safe to enter.. this be one.
squeezed out pips from the 1st LONG, then 2nd LONG after retrace.
in case some want to know reason for 1st LONG exit, was because
- the range of the PA looked extended
- PA looks to have halted on the 5 minute chart
- and EP was before LO session, felt it might need a retrace before going long again in london or NY session.