Monday, 9 January 2012

Trade 3 AUS/USD 9 Jan 2012

This trade was based on analysis done at Daily Analysis : AUS/USD - 9 Jan 2012. The price broke below 1.0175. I decided to go short at 1.0157 even when I did not get short signal using RSI. I put 1.0190 which is 33 pips away from entry. The price traded up and stopped me out of the trade. As they say, first stop is the best loss.


Profit/Loss : -33 pips

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