Saturday 19 January 2013

17/01/2013 AUD/SGD long (loss)


Again I entered long on the AUD/SGD daily chart. Chart explains stop, entry and target, and reason for entry. Risk was 0.5%, aiming for 2:1 RR. Here is the entry chart (click to enlarge)







and here is the exit chart showing price going down and stopping me out for a loss







Although the trade didn't work out I followed my plan and would take the same trade again. 

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