Tuesday 14 February 2012

Where's the Trade? Further Update AUDUSD 2.33 am London 15/2/12

Risk Warning: Trading Forex is inherently risky. This is not a trade alert service and should not be taken as advice to enter or exit a trade. It is simply a narrative of what Straight Talk Traders are watching for, which may or may not happen. What is posted here may or may not develop into legitimate setups on Straight Talk Trading's Complete Response Trading System's specific entry and exit rules, which are only accessible by STT clients. 

Based on Where's the Trade?: AUDUSD

Initial target was hit very quickly - within 15 minutes of the last blog post. 38 pips were taken as profit and the rest of the position moved to 1 pip better than breakeven. This trade will be left to run. Regardless of what happens now, this will be a profitable trade.

Net: Profit.


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