Trade of the Week – 23-02-2025 – AUDUSD
Weekly Highlights and Performance Overview
Welcome to our “Trade of the Week” page! Here, we spotlight the standout trading signal that delivered exceptional results for our members. This page serves as an educational resource, showcasing the performance of selected trading signals and offering deep insights into the strategies that led to their success.
Featured Trade Signal
https://signalsoracle.com/wp-content/uploads/2025/03/AUD2Mar2025.jpg
Date of issue – 23-02-2025
Pair – AUDUSD
Entry Price– 0.63143
Stop Loss – 0.62912
Take Profit 1 – 0.63374 | Reward to Risk Ratio – 1:1
Take Profit 2 – 0.63836 | Reward to Risk Ratio – 3:1
Result at a Glance
Outcome – Hit Stop
Note: This trade was shared with our members last week as part of our weekly signals service. For more details, view the original signal here.
Strategic Insights
- Target 1: Set a 1:1 reward-to-risk ratio to ensure a breakeven point.
- Target 2: Set at a 3:1 reward-to-risk ratio, allowing for a maximum profit before the end of the week.
Market Conditions and Analysis
The rush for safe havens, mainly the US$, led to a sell off on the other major markets, including the AUD. Price hit our Stop-Loss and we were out of the trade for a small loss (compared to still being Long and facing a bigger loss). After all, in the business of trading that is based on probability, all we need is to be right more times than we are wrong!
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