4/16/2012

AUD/USD position manage:

On 15m short position target is 50% of retracement of abc move corection down.

But DT gave buy signal on 15m and im moving SL below signal bar.

Long term position SL is still below c low.



Its mistake - SL should be moved below low of minimum of wave that gave signal:



Ok. 12:12 price almost reached target - after this 15m bar i will start to Trail Stop this position 1pips below last bar/candle

Position closed on +32pips  SL of long term position moved to 1.03210 - and thats just below 78,6% of last move up - and its maximum point of correction if that move go on. If price go down below that point that will mean that we are going back to down trend and there is no point to be long.

So not BE but minimum point on which longs should be still consider. 

14:35 SL moved below minimum with 15m DT buy signal 1.03395 


SL on longterm position. +15pips 

So ST position: +35
LT: +15pips

2 comments:

  1. Fajna i czytelna analiza. Takiego blogu szukałem!
    Powodzenia !
    Będę bardzo chętnie odwiedzać.
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  2. Witam.

    Cieszę się, że komuś się podoba ;)

    Pozdrawiam

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