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AUD/USD Trading Plan
Jasmine-Flower's AUD/USD trading strategy for 2H band trading.
In brief
Jasmine-Flower's AUD/USD trading strategy for 2H band trading. Jasmine-Flower sets AUD/USD long position at 0.771275 with stop loss at 0.71180 and three target levels for profit reduction. Originally reported by TradingView.
Trading Plan Overview
Jasmine-Flower provides an official AUD/USD trading plan for 2H band trading with specific entry, stop loss, and profit targets.
Entry and Stop Loss
Go long near market price at 0.771275 with stop loss at 0.71180 for full position risk control.
Profit Targets
First target at 0.71700 reduces half position and moves stop loss forward to lock profits.
Second Target
Second target at 0.72000 reduces partial positions and pushes stop loss to expand profit protection.
Third Target
Third target at 0.723390 reduces half remaining positions and fully secures trading profits.
Risk Management
Trade with fixed band trading risk ratio to control single trade risk and prohibit over-sizing against the trend.
The takeaway
Jasmine-Flower sets AUD/USD long position at 0.771275 with stop loss at 0.71180 and three target levels for profit reduction.
