Wednesday, January 28, 2015

AUDUSD - Trade Examples of my Scalping during Asian Session

AUDUSD - Trade Examples of my Scalping during Asian Session


Thought I would post some of my trades I took.  Its been a long time since i posted trade examples.

Trades i took


#1 Trade - Short - Loss -5pips (0.02% loss as manually closed and was only risking 0.5% as it was counter from the surge)


  • There was a massive surge after positive AUD economic data, however paused at the 0.80 acting as resistance.
  • Took the trade short as there is a second attempt at the 0.80 and rejected.
  • Unfortunately TP was not hit, missed by around 5 pips
  • Trade manually closed as getting late and the time of day is where breakout usually happens

#2  Trade - Long - Win +19pips (1.5% gain) - manual close - however would of hit TP if not


  • Trend of the day was up and price action was bullish as it breached the triangle to the upside.
  • Time of day - Pre European sessions where usually breakouts happen
  • Trade was manually closed - however would of hit TP if not.