SELL signal on AUDUSD 8 August 2013

Its currently 9.30 PM on my time zone and today AUDUSD has made a pretty nice up trend. My previous SELL signal on AUDUSD hit my stop loss at -50 pips. I loss 50 dollar today but its fine. Now I am preparing a SELL position on AUDUSD. Wait until the price break the trend line and I think it safe to get 20 pips down ward.

audusd sell

Here is my trade setup

  • Pair: AUDUSD
  • Timeframe: M15
  • Position: SELL stop
  • Price: 0.9067
  • TP: 0.9047 (20 pips)
  • SL: 0.9087 (20 pips)

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