I’m short on the EURAUD

Written by Raul Lopez on . Posted in Trades & Analysis

Earlier I wrote about the EURAUD, it was trading in a bearish condition, well, it retraced back to the main ST resistance level and formed a significant pattern with downward pressure:

Here are the details of my trade:

Entry: 1.3241
SL: 1.3281
TP: 1.2979

We need to be careful with this trade though, later today AUD employment report is released and tomorrow we have the interest rate announcement of the EUR.

Trade Safe!

Raul Lopez
Forex Training

email

Tags: ,

Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
StraightForex
Raul Lopez Forex

Trading should be simple

I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

If you have any question about anything, please feel free to contact me at: info@straightforex.com or call +1 518 300 3828

StraightForex on Facebook StraightForex on Twitter Call me on Skype Grab my RSS StraightForex on Google+ StraightForex on YouTube