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Currency Strenght

Thursday 5 January 2012

AUDUSD Past and Present


AUDUSD

I Twiitted you guys and girls Yesterday about this Move, It was a nail Biting expereince where the only real thing that kept me sane was the high 4hr Stochastics and the low volume. There was just not enough volume in the Move up to Support a Break out of the Daily High Resistance. Then The Beautiful Bearish Butterfly Turned up Emmm!!

Although this was a good Trade. Still the Question is how to Improve and what were my mistakes on looking back.

1. I wish i had waited a little Longer before entering Becasue it cuts out all the emotions. is it gonna do it is not gonna do it ...She Love Me She Love Me Not ..you feel me..
I entered this trade @ 18:14 ..1//4/2012

 Although we caught the intial drop the bigger move came later  @ D with a break of the Long term Trigger lIne
So just a little bit more Patience and remember the 4ps

Practice Pure Patience Produces Pure Profit

Check out the Previous Post on the AUDUSD oh and daily Chart is Below






Cheers Guys and Gals hope you made them pips

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