AUDUSD SHORT

2020년 9월 18일

Just want to see how markets react to natural number (e). I used rounded numbers of e, e=2.71828≈2.72 and e^2=7.38906≈7.39. Draw fibonacci retracement from last months range and placed SL above last swings e^2 retracement and TP at last months e(2.72) level.

2020년 9월 18일

노트

Reason I sold was because price found resistance in .739 and couldn't close above it once it dropped below it. In previous months price found support around .739 and continued higher.

2020년 9월 18일

노트

It's amazing how often price retraces back to previous months .739 level in the early days of the next month. Those could give huge HTF trades with great TP.

2020년 9월 21일

노트

Well that was well timed with the risk off sentiment on the markets. Almost TP already.

2020년 9월 21일

노트

If the down move is to be continued price could visit the zone between 1.739 and 2.272. One way to manage the trade is to take partial profit on the TP and trail the rest.

2020년 9월 23일

액티브 트레이드

Only took partial profit at the target. next stop around .7000