The Aussie intraday review.

Good morning Dynamic Traders,

Today I thought I would review yesterdays post, on the intraday AUDUSD.

The chart was of the one hour timescale and nearly as soon after posting price came down.

This is the potential of the 123 scenario's should they be analysed correctly.
As can be seen the rules were in place and consequently around a two hundred pip gain upto press was available.

Managing this according to my plan I did manage about three quarters of this possible bag on offer which should be what you could have had unless your management rules are more conservative or aggressive.

Whatever way this was an good trade to take in accordance with the rules and shows that removing emotions and trading with a set of rules that you apply to the letter can offer fantastic gains.

Charts courtesy of TradeStation.

Good luck for today.

Clayton Farnworth.