AUDUSD: Strong accumulation

16 Eyl 2016

With the 4H Blue Candle + Confirmed Reversal (CR UP/O) showing a strong buying intrest in this area.
The goal: buy as low as possible in the Buy area to start off with a nice solid position.

Given the current setup of a success rate of 43,91% and the R/R of 4.73 a good Equity Risk is 3%

19 Eyl 2016

İşlem aktif

Moving stop slightly higher and in Profit.

19 Eyl 2016

İşlem aktif

Taking 20% Off at previous resistance ( the Red dotted Line)

21 Eyl 2016

İşlem aktif

Stop will be moved higher

21 Eyl 2016

Not

- current stop at the low of the first organge candle (bearish pivot)

21 Eyl 2016

İşlem aktif

TP Area: reached: took out 30% of the position, might not close fully once TP is fianlly reached and let it run more, might be the start of a nice bullish rally

22 Eyl 2016

İşlem kapandı: hedefe ulaştı

TP reached: only letting 10% of the position ride for a longer ride here, AUDUSD might trend up quite nicely after a pullback

22 Eyl 2016

İşlem elle kapatılmış

The reamaining 10% taken off too.