Friday, May 30, 2014

AUD / USD UPDATE Friday30th May 2014. 06:43hrs

AUD / USD:

Price retraced and my first order at 0.9280 was hit.

Price has now moved up to 0.9325.

I have removed the second order and move the stop loss on the open position to break even. 0.9280

This has eliminated the risk on the position.

I have a limit order at 0.9475 to take profit.

I will trail the stop up, locking in profit over the next day or so.

I will update again when I do so.

Chart below:

 
Namaste
 
MDT

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