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Friday, March 07, 2014

AUD/USD TRADE (06 MAR 2014)

Aside from my Binary Options, this is my FX Spot done deal.

Open the position with AUD/USD at 06 Mar, 1:00am (SG Time) at price of 0.89829. Placed my initial TP at 0.9045, immediate resistance. 1min later, after quick review, decision made to change TP to 0.9075, sensitive resistance price line. Stop loss was placed at previous low of 0.8885, near the low of 03 Mar. At 06 Mar, 9:41pm, stop loss is moved to entry at 0.8930.

Trade closed at 0.9025 TP, 06 Mar, 11:02 pm (SG Time).

For this FX Spot done deal, 92.2pips profit.

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