14.05.2020 AUDUSD Sydney Daybreak Idea

14.05.2020 AUDUSD Sydney Daybreak Idea

AUDUSD Buy Stop @ 0.64672
SL: 0.64372
TP1: 0.64872 (20 pips)
TP2: 0.65002 (33 pips)

AUDUSD Sell Stop @ 0.64372
SL: 0.64672
TP1: 0.64172 (20 pips)
TP2: 0.63992 (38 pips)

Risk management max. 3%
Buy SL = -30 pips ==> 0.01 lot per 100 $/€
Sell SL = -30 pips ==> 0.01 lot per 100 $/€

Kommentera:

Due to the 'employment change' news there was a spike that activated the Buy order.
After that it went down and hit SopLoss

At the sa

Kommentera:

At the same time it activated the Sell order.

So let's wait what this one brings.
Patience and move StopLoss to break even when the trade is about 10 pips in profit.