What's Next for Aussie?

I employ geometrical levels for managing my trade. Typically 3 levels at which I take profit off the table. I have found it as good a method as any. With the last remaining unit I will often trail a stop once the market is approaching my next TP level and let the mkt take me out. That way I will catch the occasional irrational momentous move typically to be found in a wave 3 of 3. This methodology keeps my pshychological bank in good shape. It suits me personally.

The only way I personally found of developing my winning edge was to cut a losing position quicker than lightening. If a trade turns against me shortly after entry I am out. I am out because I read my chart wrongly. I was WRONG. I always attempt to catch a momentum move so the trade moves away from my initial stop as quickly as possible. I don't mind getting it wrong sometimes. I never fade a market, always wait for some degree of confirmation that direction has changed. We don't need to be heroes catching exact highs or exact lows. far too risky.

I agree about always know where to place hard stop before entering a trade. The point at which the trade idea is invalidated OR the maximum risk tolerance for the trade.

I would normally use a PNG file which guys can open in their reader.

It is very simple click attach chart and chose the currency pair and time frame , you can add trend line to the chart and comment as well.
Don't worry it will not fill the forum page.