Friday, January 30, 2009

Price Pullback Strategy, Trade #0003


Pair: AUDUSD
Entry Price: 0.6400
Stop Loss: 0.6435
Profit Target: 0.6200

This is the 3rd trade of the day after having screened through few currency pairs with my coach's Price Pullback Strategy, I found this one to have the highest potential. With the US releasing its 4th quarter GDP soon (1330 GMT). We could be expecting high volatility in play here. Hoping to get full profit target by end of the market. If it materialise, I would have achieved my weekly goal.

Cheers.

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