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AUDCAD SELL

by Daniel L, October 13, 2022

AUD/CAD M15 Continuation sell

by Daniel Leutle October 13, 2022

4
Share

AUD/CAD

|

Short

|

M15

Timeframe:

M15

Analysis Method:

Continuation sell

Analysis:

Sellers of 7 October might sell again either from IEA monthly report or at NY session’s US Data releases.

Trade Plan:

1st attempt V itself scenarios posted and if fails wait for more data to attempt at NY session if trade still valid

Risk Management:

MAP 3R Max risk per trade 40 USD max risk per day 160 USD.

Things To Watch For:

Volume and speech

LEAVE YOUR COMMENT HERE:

View previous comments

  1. Stopped out. price structure remained ideal even after stop out but the timing was off sync with calendar data. wider stop beyond 11 October high would be logical but wouldn’t allow minimum risk of 3. In future i would reduce minimum risk to 2R to cater for more logical stop levels.

    read pull back to reconsider sell below 0.87058

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