(Video) Live Trade Setup Breakout Trading 125 Pips on AUDCAD
Here is a live trade setup using my price action strategies doing breakout trading on the AUDCAD which is up +125 pips of profit and +2R. In this video, I’ll explain the price action context behind the trade, trade location, why I chose my stop loss and particular take profit, along with trade management and risk to reward. [more info below]
Get a FREE practice forex trading account:
– For EU/UK residents click here: http://go.xtbaffiliates.com/visit/?bt…
– For Non-EU residents click here: http://go.xtbaffiliates.com/visit/?bt…
Want to get my Price Action Course for FREE? Click here to find out how: https://2ndskiesforex.com/xtb/
⏰TIMESTAMPS⏰
0:42 – Taking a step back to look at the higher time frame context on the weekly chart
1:02 – Breaking a major support zone
1:45 – AUDCAD hasn’t been this low since…
2:45 – Impulsive and corrective with trend price action
3:33 – My exact trade location
4:42 – My exact stop loss placement
6:33 – Why I think the market will target this major price level
7:18 – Update on the live trade setup which is now in major profit
8:39 – Am I going to be adjusting my stop loss to take partial profits?
8:47 – Analyzing the current price action and potential breakdown
