AUDUSD short trade on the roll & runners on
by ejcruiser on Oct.19, 2010, under 2010 Z3 Training Camp Updates, Trade Setup/Market Overview
Aggressive short trades were entered on live as early as last Friday, October 15, on AUDUSD and subsequent short trades were taken both on live and on demo as shown below. The October 18 trades immediately went positive during its entry at the Asian session. The market later reversed the HOD at around .9943 and through the today’s HOD at .9955 which brought the 2nd trade to a drawdown of about -70 pips [almost touching the initial stop] with the 1st covering the 2nd, keeping the combined trades still at profit together with some scale out partial profit taking. Today’s Asian session broke down through Zone 2 and AUDUSD went down through most of Z3 Levels now approaching secondary target point.
Concurrent short trades were also taken on EURUSD, EURJPY, NZDUSD on the near term swing side. Combined profit at this writing on current open trades are well over 800 pips. All trades taken today in the chat room were also all in profit.
My apology. At the moment, I am unable to upload any chart. I post them as soon as this error has been corrected.
ENJOY!
