1ST OCTOBER TRADE IDEA AFTER +200 PIP 4 TRADE SEPTEMBER

1ST OCTOBER TRADE IDEA AFTER +200 PIP 4 TRADE SEPTEMBER

By RT618 | Probabilities Technician | 2 Oct 2020


September forex trades stuck to one symbol AUDCAD

Successfully closed one trade per week for 50 pips each for a +200 pips total.


This short trade idea is the first for October on symbol AUDCAD again.

Uptrend signs of exhaustion I did wait on xing of Ichi Conversion and Base line.

Order filled at .9526 as writing post, I expect the zone to test for hours.

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This is Friday and no high impact events are scheduled until Monday evening

I am comfortable holding this over the weekend as it is a less volatile pair than many.

I most likely will need to close trade by the Monday evening news event though.

20:30   AUD   RBA Interest Rate Decision (Oct)   0.25% 0.25%  

 


As before initially setting target and stop way out at 50 pips.
Will use Histogram alerts on the MACD to determine target and stop adjustments.


Time to be patient and go about my day.



Trading is very risky,
use your own judgment
and have a have a great day friends...

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RT618
RT618

Trader using simplified easy to view trading strategies to find actionable trades.


Probabilities Technician
Probabilities Technician

Using simplified easy to view trading strategies to find actionable trades. Trading is very risky, use your own judgment and have a great day friends...

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