EURAUD got to key levels going back to 2005 and rejected with a 4hr shooting star on Friday. Sold 1.5714, we are since on 1hr lh's/ll's. No signal from D as yet so this is regarded as a CT trade. Initial target is the W pivot/Dec highs around 1.5600. At this stage this is not a hit 1.5600 and we are out trade but a lets look at how pa reacts. Of course this could be a dip in uptrend and we could bounce up very quickly from that level. This is Mrs V's trade and her management and TWT how it plays out.
Will post charts if it turns out OK. Personally I'd prefer, as a CT trade, to exit at that 1.5600 but if I interfere in her trade too much there is the risk of the removal of bodily items with a blunt spoon and as I've only got 1 left ......................................
Will post charts if it turns out OK. Personally I'd prefer, as a CT trade, to exit at that 1.5600 but if I interfere in her trade too much there is the risk of the removal of bodily items with a blunt spoon and as I've only got 1 left ......................................