AUDUSD - Trade Examples of my Scalping during Asian Session
Thought I would post some of my trades I took. Its been a long time since i posted trade examples.
Trades i took
#1 Trade - Short - Loss -5pips (0.02% loss as manually closed and was only risking 0.5% as it was counter from the surge)
- There was a massive surge after positive AUD economic data, however paused at the 0.80 acting as resistance.
- Took the trade short as there is a second attempt at the 0.80 and rejected.
- Unfortunately TP was not hit, missed by around 5 pips
- Trade manually closed as getting late and the time of day is where breakout usually happens
#2 Trade - Long - Win +19pips (1.5% gain) - manual close - however would of hit TP if not
- Trend of the day was up and price action was bullish as it breached the triangle to the upside.
- Time of day - Pre European sessions where usually breakouts happen
- Trade was manually closed - however would of hit TP if not.