Trading AUDUSD in a wedge. Simple Head & Shoulder

6 oct. 2016

AUDUSD Now AUDUSD is forming a wedge on a daily timeframe, saw a easy head and shoulder trade, to short the pair targeting the 618 golden level & previous structure.

6 oct. 2016

Transaction en cours

7 oct. 2016

Note

Re-entry after NFP. Bad US data should allow us to see a nice move down/

10 oct. 2016

Trade fermée: ordre d’arrêt atteint

11 oct. 2016

Note

A badly placed neckline & SL proved to be costly. Lesson learned. Otherwise a good setup