ProfessorCEWard

🔥 NEW: AUDUSD 🔥 POSITION TRADE 🔥

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OANDA:AUDUSD   澳元/美元
SLO2 @ 0.7933 ⏳
SLO1 @ 0.7715 ⏳
TP3 @ 0.76 (closing ALL Buy Orders)
TP2 @ 0.7185 (shaving 25%)
TP1 @ 0.6925 (shaving 25%)
BLO1 @ 0.6645 📈
BLO2 @ 0.6550 ⏳

UNDERSTANDING POSITION TRADING
A position trade is a trading strategy where a trader holds a position for an extended period, usually months or years. Position traders are typically looking to profit from long-term market trends rather than short-term price movements.

Position traders typically have a longer investment horizon than other traders, such as day traders or swing traders. They are less concerned with short-term price movements and more focused on the long-term trend. This strategy means they are willing to tolerate more risk in their trading, as they are confident that their positions will eventually be profitable.

Professor C. E. Ward
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