Home > Uncategorized > AUDUSD 5 mins (+10 pips)

AUDUSD 5 mins (+10 pips)

Finally. A worthy trade.

R:R 1:1.2.

On a day of volatility, this is the best setup I can find that is well within my risk and holding appetite.

Subsequent Update

Manually closed for 10 pips gain.

Price playing hangtime for too long. Reasons why I manually closed my trade:

i) 1.0500 region has been tested and proven to be unbreakable in the near term;

ii) US retail sales report to be released in an hour.

Make pips whilst the sun shines. Will look for other opportunities after the news release.

Till then…

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