This is my other trade, it’s going well

Written by Raul Lopez on June 27, 2012. Posted in Trades & Analysis

Yesterday I shared my trade on the EURJPY, I’m long at 99.15, and the market is currently trading at 99.49 (+ 34).

But I also opened another one on the GBPAUD, and definitely is looking good…

Here is the chart:

Entry: 1.5569
SL: 1.5607

I’m going to take partial profits around the bottom of the short term range, around 1.5389. And I will use the long term charts to set the other half.

What do you think?

Cheers,

Raul Lopez
Forex Training

Tags: forex, GBPAUD Analysis

Raul Lopez

I've been trading the markets for more than 12 years. All my trades are based on price action. Check out my Coaching program, I can help you develop a system that helps you trade with better results.