WTFX|LIVE SIGNAL SERVICE

Entry @14:15 ET > We continue to hold a bearish view on the AUD/USD pair – see June market setup charts here.  Taking AUD/USD sell on TL break.  Stop above the recent high, and target at least to bottom of channel.  Charts below.

Update @23:20 ET > Resistance trendline on 15min chart below provides an indicator for a manual exit of this trade.

07.07 @09:30 ET > Moving stop to above resistance line at 0.8675 [corrected].  Chart to follow.

07.07 @12:16 ET > Updated chart below, stop is currently above red downtrend line which has provided resistance for the recent bearish movement.

07.07 @ 14:45 ET > Some members missed the corrected STOP movement, and subsequently got stopped out.  We have recommended a re-entry TL for re-entering the sell trade should they wish to do so.  Obviously if the stop gets hit before the break, do not take the re-entry sell trade.  Chart below.

LIVE | AUDUSD SELL | ENTRY: 0.8599 | SL: 0.8675

@08:30 ET > We missed original entry on this trade, however, after initially breaking our support line, price moved higher, and we are taking the trade on this break (see below).  Stop will be above recent high, with red resistance trendline providing dynamic stop.

AUDUSD 15min Entry

TRADE ID: 001 | GBPUSD | SELL | ENTRY: 1.4542 | SL: 1.4615

Daily and 4HR charts below show downtrend movement, while 1HR shows our setup. As shown, this is a countertrend-break trade. Red dynamic resistance trendline provides our stop.

Trade Status: Closed | Sell AUD/USD | Entry: 0.8472 | SL: 0.8472 | Exit: 0.8372 | Profit: +100

@20:25 ET > We are closing AUD/USD sell at +100 pips to end our May trading month.  Those not wishing to exit this trade at this time can use the red resistance trendline (shown in chart below) as exit.

AUDUSD 15min Exit

Trade Status: Closed | Buy CAD/JPY | Entry: 86.27 | SL: 86.27 | +0

CADJPY 15min Sideways Movement