Trade Update - EUR/AUD Long

The Trade: EUR/AUD Long

I actually made 2 trade with this pair. The first trade was signaled by the A-MACD and Elite setups on 4 hour charts. At the very same time, I also noticed a box play setup developing no the 4 hour charts for this pair, and I placed a buy stop order for this pair.

Here are the details for the 2 trades.

Trade 1: April 13 2008, 9:35pm - April 14 2008, 1am
Setup: A-MACD, Elite(H4)
Entry: 1.7049
Lots: 10
Stop Loss: 1.6999
Target: 1.7079
Total Pips: +300
Profit/Loss: $277.23

Trade 2: April 13 2008, 10:45pm - April 14 2008, 3:30am
Setup: Box play (H4)
Entry: 1.7070
Lots: 5
Stop Loss: 1.7020
Target: 1.7120
Total Pips: +250
Profit/Loss: $230.85

The charts below show the actual trades.




In an otherwise bad day, this was the one perfectly executed setups. I would rate both the trades a 5 since it was followed to perfection.