Guru trade

New position, opening AUD/CAD short @ 1.0750, looking for a return to PAR. Stop rests just above the 2 BB reading at 1.0945.

Wish me luck.
 
Quote from Hombre:

Do you have any short term trading success ?

Yes, I do. But I am not a full time independent trader. I have a full time job with a large FMCG company, so I don't make tons of trades a day. I do about 2 or 3 a day that I would call either intra-day or 24 hour trades. But because they're more frequent (to me), I don't choose to come here to post anything on them.

I'm not a big one for journals.
 
Quote from Tsing Tao:

New position, opening AUD/CAD short @ 1.0750, looking for a return to PAR. Stop rests just above the 2 BB reading at 1.0945.

Wish me luck.

Trade is looking healthy - spot last at 1.0635, 115 pips.
 
reading your thread sir makes me want to hold my trades longer :) wishing you the best of luck! and maybe I'll ride on one of your calls someday :) cheers
 
Quote from trader_phil:

reading your thread sir makes me want to hold my trades longer :) wishing you the best of luck! and maybe I'll ride on one of your calls someday :) cheers

Thank you, sir.

Trade pierced the 1.06 level nicely, and is now working through uptrend resistance at 1.0565 area. Once through that, the next major support should be in the 1.0450 region. At this point, I feel safe enough to move the stop to the Break Even area.
 
Nicely done,

Why did you choose to trade AU/CND ? I would never look at this pair.
All US/ something, so far, for me .
 
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