Hey Rich Friends,
It looks like AU will continue to buy. Here is what I am looking at:
- The candles are above the 200 EMA and have crossed above the 50 EMA
- The MOM is facing up and above 0.
- The STOCH is facing up and the blue line is above the orange line. I am waiting for it to cross above 50.
I am looking to buy at Market Execution or set a buy limit at 0.64550. I have set a 1:2RR. SL: 0.64300, TP 1 AT 0.65050.
- Peace and Profits, Cha
It looks like AU will continue to buy. Here is what I am looking at:
- The candles are above the 200 EMA and have crossed above the 50 EMA
- The MOM is facing up and above 0.
- The STOCH is facing up and the blue line is above the orange line. I am waiting for it to cross above 50.
I am looking to buy at Market Execution or set a buy limit at 0.64550. I have set a 1:2RR. SL: 0.64300, TP 1 AT 0.65050.
- Peace and Profits, Cha
Trade active:
The buy limit was triggered but it looks like the market is now selling. I've seen the market reverse 1 pip from SL, so I will hold and not fold.
Always practice risk management and do not chase trades!
Always practice risk management and do not chase trades!
Trade closed: stop reached
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