Posting Trades again
I have not been posting trades for the last couple of weeks, it was a lot of work to get the members area of the website going, now that is live I will return to posting each trade
Trade 1: Long AUDNZD (+100 pips)
This is the only trade left open from June. It was a planned trade, they are usually longer and more profitable than others, they used to be part of the trade ideas section but are now on the members journal. It was a typical retiredearly trade, a clear pullback against the trend and opportunity to buy close to the bottom of the market. I closed half of the trade for 100 pips, the remainder remains open to capture any further upside and the stop loss has been moved to zero, The wave count is the crucial issue for this trade as it allows for the projection of the turning point and hence the good entry.
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