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AUD/USD - Fundamentals lead the price !

  • Charts: 4 H,1 Day
  • Elements used: CCI , Support & Resistance
  • Current Level : 0.7787
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From (-119 pips loss to a +278 pips win) !!!.

  • On the 4th of June I made some analysis and they were indicating me that the GBP/NZD should march in a long term bullish trend starting very soon. So i backed my analysis with a position as i always do ,but i have been proven wrong very soon. I entered a 5 milion buy position at the top of the trend. The trend reversed on 1 Day chart and i took a 119 pips loss which kinda smashed my equity sending it under 70 k.
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    ilonalt avatar
    ilonalt 13 June

    Great profit, great job! Good luck in a future!

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