AUDUSD 780 pips in 90 days

As directed by UJ seasonality AUDUSD will follow its path back into the channel to hit its center after 90 days collecting about 780 pips along the way.

Dagangan aktif:

Let's start, 5 minutes ago I opened two positions, one AUDUSD Long and one NZDUSD long. The starting trade size is approx 10% of my target position size, so I will add 9 more trades to this position. Because of low volumes it is best to start with a small trade to test the waters. If the market is affected by my trade I wait a while before I enter the next, say 15 minutes later. If I feel completely ignored by the market at trade entry then I add 2-4 increments of 10% until the price reacts to my entry. An easy rule of the thumb I often use is to enter next increment when the previous has turned green.
Last but not least; manage greed properly, in order words adhere to vast risk management and do not digress in any circumstance. Happy trading!

Dagangan aktif:

Finally USD devaluation about to start