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Wednesday, July 8, 2015

AUDUSD trade 090715

Order: pending sell stop
Instrument: AUDUSD
Entry: 0.73987
SL: 0.74987
TP: 0.7000
APP: yes
R/R ratio: 1:4.98
Signal: Bearish sentiment/0.70000 support area pending.

Comments: closed prior order at market in anticipation that positive job figures may cause a temporary reversal and threaten my sl. With China not looking good right now the conservative action I though was to reset another pending short trade just in case.

SL taken out: +6.35

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