AUDUSD Long Trade Setup

2018年3月5日

Hello traders.

I'm looking at long trade and I put an entry order above previous top with stoploss below previous bottom.
TP1 : 0.79200 (for running flat)
TP2 : 0.80500 (for expanding flat)
TP3 : 0.84500 (0.382 retracement of down impulse)

2018年3月6日

トレード稼働中

But I don't like how it reversed quickly. So, I'm waiting for a small correction, then I will remove my trade. But, if it goes up sharp, I will keep it.

2018年3月8日

ノート

Trade is still on and I'm waiting a correction for more up side.

2018年3月9日

ノート

Even if there is still a chance for one more drop, it looks like corrective structure completed as contracting flat. Now, I'm waiting for up impulse.

2018年3月12日

ノート

It went up nicely. There isn'tt any divergence in 1H, but there is one in 15m. It can be an issue, we will see. Now there are 3 options:
(1) Structure between aqua lines can be running flat. In this case, it will go down and stop me out.
(2) It can make a deep correction for more upside.
(3) It can make a small correction for more upside.
At this point, I don't touch my stoploss, because I don't think first one will be the case and I want to protect my trade if it makes deep correction. If you don't like to keep the trade open with current risk, you can move your stoploss to breakeven.

2018年3月14日

ノート

It's going up, but still there isn't enough momentum. I think it will make a deeper correction.

2018年3月16日

ノート

Because of the sharpness of down move, I start to look at the structure between aqua lines as a running flat. It was always one of the possibilities but I wasn't expecting. Now I'm waiting for a correction to close my trade at least some profit.

2018年3月19日

トレード終了: ストップロスに到達