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
The first trade did not work out and was exited for a loss. The second entry came shortly after and turned a profit. Net, it was a very slight profit but the trade was exited due to the combined uncertainty of Frankfurt hour and various targets being hit based on the principle of Shatterpoint Reflection. Both trades are shown below.
Net: Profit.
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