60 Pips on GBPAUD - The Pound against Aussie Dollar

I saw that the Aussie dollar was mostly gaining and the Pound was shedding pounds. Nothing is certain when it comes to the direction of Sterling against anything under the looming threat of #BREXIT Uncertainty.

Anyway, in my search I found an AIMS Hunt Sell Signal on the Hourly time frame. It was easy for me to take it on M15 because I saw the following picture. This is the Setup 1 Sell Signal. I quickly set PO after taking the picture and sharing it our AIMS Live Trading Room.

GBP/AUD Sell Signal The Amazing Setup 1 

You can see a clear 3 and sideways 4. The Red dot, purple is on the correct side. Wave 5 here we come.

Below you see a HUNT Seed/Cherry  Signal. This is GBP/AUD on the H1 chart. My general scan usually starts at the D1 chart but during the day I only scan the H1 charts. When I see a HUNT signal I then decide whether I should take it on H1 or drop to the M15 chart. This time, the M15 chart looked like a perfect Setup 1. And since Setup 1 is my favourite trading pattern, I took it on M15 and Set Target Point accordingly.



The following picture shows when 1R was hit and SL was moved to Break Even (entry price level). This was achieved by using @snorms ATM Trade Management Software. Link www.For-EXE.com [Highly Recommended]


The Take Profit level is not a random level. It is a measured level and we have learned a simple way to accurately set your target point. It's called the Target Zone 1. More on this inside the Forum.

Today we picked the level pretty accurately, shown below.



Below I will now show how price bounced off as soon as the take profit level was hit and trade was closed. This was not a lucky exit. It was Calculated



I hope you've enjoyed my recent posts and found value in it. If you would like to learn more about our method or would like to trade with us consider joining our Live Trading Room for only $99.

Have a Great Weekend 

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