One simple trade sample

Posted on November 17th, 2009 in Trading Journal

Here is one simple trade I have made today. Nothing fancy here. In hourly chart of AUDUSD, a bearish candlestick reading was observed, and, in addition, previous swing high was taken out. These gave me a bearish view. Ignoring the hype of improving Aussie employment figures, and RBA rate hike news, these did not sound good to me. I went short. And here is the chart.

From the desk of Tradergav.com

Tags: AUDUSD, FX, trade example, Trading Journal

Dave

Tekmnd over @ InformedTrades.com got me interested enough to stop by... glad I did! Great Blog and a smart trade. Chaulk another "bookmark" saved for Gav's site! Thanks!

- DREBG

Gav

Thanks for stopping by! Have a good one.

Tactical Trading Academy

Heard that Eastern Europe is buying EURUSD at 1.4945/50.

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Although I do work as an affiliate for Elliott Wave International, I have followed Bob Prechter's work prior to that and am confident in the quality of his products and services.