TRADE, AUDUSD, 5.9.2016

TRADE SUMMARY: nice reaction with spike convinced me that this supply zone is worth trying. It wasnt. Definitely a B play taken with A size risk. 

Good:

• nice spot on the initial reaction

Bad:

• poor supply zone, B play

To Improve:

• D1 extreme identified not properly
• B play with A risk – focus on proper scheming of these plays and their size

Result:

-1R

SCREENS:

D1

H1