Posted by: joetradingplace | April 27, 2012

Trades Update

Update on all open trades

Audusd

We are still long aussie, no need to relinquish our position, because the bulls are still in control but the progress is a bit sluggish, we have taken partial profits (+40) and moved our SL to BE (2 positions left on the table)

Update Audusd

2nd target reached (+85), SL moved to lock in +40 on the last position

Euraud

We are still short euraud, price is now hugging the lower trend line, if that TL breaks, our 2nd target is just below it…we have taken partial profits (+40), moved SL to BE

Update Euraud

2nd target reached on euraud (+70), SL moved to lock in +30 pips on last position.

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