AUDUSD is pulling back to a potential reversal down + role reversal . Bear is waiting to sell in this area.
AUDUSD H4 ( 10 May , 2017 )
AUDUSD 15 M ( 10 May , 2017 )
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8 thoughts on “AUDUSD Trade Plan ( 10 May , 2017 )”
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Nice one Daniel
Thanks 🙂
Nice work Dan
Thanks Damith 🙂
Hey Daniel, just a question on the SL of your trade plans please. Looking at your last 3 posts I’ve noticed that your Stop Losses are 100p. Is this sufficient for swing trades in general? I’m not a swing trader, but with all the swing trades that are posted and only a few giving full trade plan details as you do, I hope you can respond.
Any swing trader can respond to this comment of mine as well.
Thanks!!!
Thanks for your good question . normally I keep the SL about 100 pips because my target normally about 200 – 300 pips . If I got stop out at 100 pips I will check whether the market has changed . After decided from Daily or H4 chart , I use 15M chart for entry ,For 100 pips stops is big enough for the noise swing.
Much appreciated Daniel and I always thought traders huge much bigger SL for swing trades, so it’s more about having a good entry to avoid having a big SL as well. Thanks for sharing your knowledge as I know you are a very good swing trader!
🙂 Thanks for keeping me sharp