Euro / Australian Dollar
Long
Updated

EUR/AUD BUY SIGNAL

409
Hey tradomaniacs,

welcome to a new free trading-setup.

NOTICE: This is meant to be a preparation for you! As always we will have to wait fro a confirmation.


EUR/AUD: Daytrade-Preparation

  • Market-Buy: 1,62540
    Stop-Loss: 1,62045

    Target 1: 1,63025
    Target 2: 1,63285
    Target 3: 1,63790

    Stop-Loss: 49,5 pips
    Risk: 0,5% - 1%

    Risk-Reward: 2,50


snapshot


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Peace and good trades
Irasor

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Note
The market has almost done what I`ve expected just with a stronger fakeout.

Going to re-enter as I have saved profits for GBP/CHF and EUR/GBP and have no risk in these trades anymore.

RISKY TRADE 👉 Keep it low!
Note
As we head into the US-Session I will move stop-loss to break-even and take partial profits right now.

We have to be very strict with our risk-management this week as the market behaives silly.

EUR/USD is loading a sell now and could cause a retracement in EUR/AUD.

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