When I posted the aud trade our original entry was around .8670 and it turned out to be squeeze play so I said I would add down to my expected bottom .8530-50 and would trade back up to .8680 (see post December 18, 2007, 4:37 pm) That target has been struck so for those that took this trade and followed along in managing this trade you should be experiencing great profits.
Im still holding some but for those that are a little impatient the profit is available for you to take. 🙂 Had you entered at the suggested level around .8550 your best position should be showing over 100 pips profit and you worst around break even or a maybe a little negative. Key once again is sustaining power which comes from proper leverage.
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
More Posts
Comments
comments
Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
