AUD/CAD, DAY CHART, SHORT (24-DEC-2016)

٢٤ ديسمبر ٢٠١٦

Note: AUD/CAD is following what we predicted
last week and 2 weeks ago.
Overall, we are bearish on this pair.

We are looking for the price correction/pullback to
the resistance zone near 0.977 level and a bearish
signal to short with the right risk.

It will be a high R/R ratio trade :)

٢٨ ديسمبر ٢٠١٦

تم فتح الصفقة

Zoom into H4 Chart, the price pullback to the support resistance line at 0.978x level and having a 2B Reversal signal.
A good signal to short.

EP: 0.97540
SL: 0.99177
TP1: 0.96188
TP2: 0.94018

٣٠ ديسمبر ٢٠١٦

تم فتح الصفقة

The price is moving down now.

This time, we will carry the trade over weekend.
So we decided to move SL to Breakeven point.
Now it is a risk free trade :)

١ يناير ٢٠١٧

تم فتح الصفقة

AUD/CAD is approaching our TP1.

Remember to shift our TP1 to TP2 :)

٢ يناير ٢٠١٧

تم فتح الصفقة

Now, we move our TP1 to TP2 at 0.94163

٤ يناير ٢٠١٧

أغلقت الصفقة: تم الوصول لوقف الخسارة

Hit our Breakeven Stop Loss.

We look for another opportunity to entry the trade again