Thursday, 12 April 2012

Australian Dollar Going Up nicely on the H1 Time Frame

The  AUD/USD trade we took yesterday. It was not a very spectacular looking setup but it did have some potential so took it and it paid off 1:2 risk/reward. here is a picture.


Today there was an EG setup that turned in to a minor .2% rent. Remember the key to making money in trading is keeping your winners far bigger than your losers. (the rents must be less than the takings)