I think there is a nice opportunity in AUD/USD for a swing long trade. My long level is 0.7595, SL 0.7510, PT around 0.7680.
Have look at my position management article if you are not sure how to trade this
Happy Trading
Dale
Risk Disclosure
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
Testimonials
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Live Trades
This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented are NOT TRADED IN A LIVE ACCOUNT and should be
Thanks for sharing your trade ideas with us Dale your the bestest! 🙂
I’ll try it 🙂
Thanks!
Your new site looks like it’s going to be very helpful in my training to trade. You’ve already helped me understand so much on your FF forum and now this; Thanks Dale!!! Best of fortunes to you friend! : )
Thanks buddy! Iam glad to hear it!
Hey Dale, as a lot of people said before, you are a blessing and truly appreciated. You’ve opened my on how to trade in a responsible way, as a newbie there’s so much to learn, but indeed you are like a “map” that guides. Going to use the money I make from guidance to finish paying for my software engineering school, So my gift to you when I’m done is to assist you when anything web development.
Stay blessed
Thanks very much mate! Iam so glad to hear such a positive feedback from you! I wish you all the best and sucess in gaining your degree!!!
Dale do you think this trade can go higher ?
Amazing charts and information
Thanks Don
Thanks! Iam glad you like it! I wouldn’t go past 0.7700 mate.
Hi Dale, your long level 0,7595 is still valid? thanks
It is. Maybe I will take half position there and half at 7568