AUD/USD

Long @ 0.8870
SL 60 points

I took a long entry based on the weekly at the end of last week. First was the pin bar from December off the major support followed by an inside bar. Went long on a break of the pin bar high.

This is more of a positional trade and looking to the highs of October .9757. Plenty of resistance in the way but time will tell.



dl.dropboxusercontent.com/u/24866576/Jan...dweekly%20080114.png

Cheers,
M.

Possible 123 low breakout and trend line break????


dl.dropboxusercontent.com/u/4899609/audusd6thjan.png

Closed half @ 0.94125 which is more than 1:1 R:R (50 points)

SL for the rest moved to profit to run as a free trade

Long @ 0.93622
SL 40 points

SL moved to below yesterdays low 0.9605