1st Trade - MAJOR KEY USD Account - SHORT AUD/USD

JoshWinter
JoshWinter

Here is the first entry and trade on the new live #forex account we will be trading and sharing with the public. The forum will document updates to trades and also we will do Youtube Updates as well. The goal is to help new traders out and show them you can build a small account and get nice returns and slowly grow over time. The returns that we should get will be better than any savings account or other yields out there. Stay tuned and any questions ask away. B)

Post edited by JoshWinter on
Always a Student. B)
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  • JoshWinter
    JoshWinter
    Posts: 487

    We also recommend for you to track your own trades and if you follow or take any of this accounts trades as well in a journal of some sort. The journal we use and recommend is below. Any questions ask away.

    http://cptrading.co/edgewonk - Our Trading Journal

    Always a Student. B)
  • JoshWinter
    JoshWinter
    Posts: 487 edited January 10

    Forex Account Major Key USD Update | 9 JAN 2018

    Post edited by JoshWinter on
    Always a Student. B)
  • JoshWinter
    JoshWinter
    Posts: 487 edited January 10

    Okay, that did not last long, AUDUSD spiked last night and stopped us out, this was a 4H aggressive short entry with a tighter stop so this can happen, but risk was managed. So we can live to play another day. We will look to re-short this pair or reverse and go long depending on what price action brings us.

    Post edited by JoshWinter on
    Always a Student. B)
  • JoshWinter
    JoshWinter
    Posts: 487

    2nd Bullet fired. Decided to short again since the first time was a stop out RORO trade with small risk. AUD/USD looks due for a nice breather and drop here. We shall see if it exhausts or has more follow through.

    forex #majorkeyusd

    Always a Student. B)
  • JoshWinter
    JoshWinter
    Posts: 487

    Our 2nd bullet has also failed and the AUDUSD is still not ready to take a breather. DXY is weak and may continue to weaken after a dead cat bounce. We may enter again another short on AUDUSD. Stay tuned.

    Always a Student. B)
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