Last Thursday, I gave a mandate to buy the AUDUSD after I detected that it was oversold. A whatsapp message was given to students who were trading live to buy AUDUSD at 0.6989, 0.6973 and 0.6957.
The trade was not triggered that day but was triggered the next morning. Many would have cringed when price came down quite fast during the Aussie employment news. This is when your skills would be fully tested. Its either you believe the price will go your way and you are getting the best prices or just simply not. Plan the trade and trade the plan.
As you can see after the first target was achieved, I reminded students about the second trade’s target.
Today finally after 5 days of waiting all my buy AUDUSD trades are out with a total profit of 221 pips. The above blue lines are the proof of entry on MT4.