Tuesday 14 February 2012

Where's the Trade? Further Update AUDUSD 5.14 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

Second target was just hit. One position remains with a target at 1.0785. The remaining stop loss is currently at 1.0691, more than 15 pips in profit, so this trade will certainly work out profitably. The remaining stop loss will be trailed relatively slowly from this point on. Locked in profit on this trade so far is 158 pips.

Net: Profit.

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