Tuesday, March 8, 2016

AUDUSD - Trade Scalp for today 8th March, 2016

AUDUSD - Trade Scalp for today


Above is the 15 min chart

Hit support at 78.6 fib from yesterday low to high, which is confluence of the S1 daily pivot and also a expected level of support / supply demand area.
- I've drilled into a 5 min chart and even looked at a 1min chart to have a very good entry as I have setup an alert when price hits the 78.6 fib
Only risked 6 pips.

Will trail it once it hits 20pips+
Targetting around 30pips



Risk Level __


Tips -

Always take note of any economical news event on our provided calender below



Monday, March 7, 2016

AUDUSD - Trade setup for 7th March, 2016

AUDUSD - Trade setup for 7th March, 2016

15 Minute Chart





Outlook Trade opportunity
1) Short - counter trade so half your usual size risk. also only targetting 1:1 just to be safe

2) Long - Looking for price to go to .7370-80 and see what sort of pattern or price action we get for confirmation to long it for at least a 2:1 reward to risk

Risk Level High and Low


Tips -

Always take note of any economical news event on our provided calender below