AUDNZD Long — 2024-01-16

1/15/24 AUDNZD Buy Setup Took this trade based on price reaching a HTF low and being swept.  This was supposed to be a swing but throughout last night’s session and all throughout today, price hung around the entry for the whole day.  Floated in and out of profit with the most profits reached being at 1.83% but not reaching my risk off level near 1.07430.  My goal was to at least reach the 1:1 mark but as stagnant as price was, I thought it would be better to BE on this one while I could.  I think that the trade may still run but I can’t mange the trade in this TradeLocker platform the way I would like with a trailing stop or automatic partial TPs. 

Also interesting was the event that should have pulled me into the trade with and taken me to 1:1.  On the open, price shot down to my entry but I was never pulled into the trade.  This means that I would have missed this trade only if the spreads at the time were +6.5-+7 pips apart which could be the case but I’ve already sent them a request to look into this one.  Still waiting to see the results.  

Entry: 1.07270 SL: 1.07124 Targets: 1.07443, 1.07658 Risk of 1:1: 1.07443