AUDUSD H4 from zone
AUDUSD Daily from Supply zone.

AUD USD Trade of the Month  #1  December

A two candle PA with a doji followed by an engulf of the previous day. The reality of trading a PA that is not complete as this trade was taken with about 7 hours till, NY close makes this a risky trade and should not be made in size. However by taking the trade in modest size you  gain confidence in your “eye” for whale watching . Notice I also have a small retracment pending order as well .

 

 

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s