aiza_belle

AUDJPY Long

Lång
aiza_belle Uppdaterad   
FX:AUDJPY   Australiensisk dollar/Japansk yen
Taking advantage of bullish price action happening in higher time-frame charts, especially with weaker JPY (as long as no talks about tapering yet), and recovering AUD. Setting a buy stop order now a few pips above the previous period base fib level (also a good hourly resistance).

www.dailyfx.com...ttish-FOMC.html?DFXfeeds=f...

www.fxstreet.com/new...l-steam-201701301002

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Kommentera:

Bullish pennant forming. Asuming no black swan or any major news event affecting AUDJPY in a different way and current sentiments stay, this pair should break past the base pivot line and continue going up by Sydney's open.
Kommentera:
www.dailyfx.com...e-Decision.html?DFXfeeds=f...

If the pair doesn't hit the TPs before NY open or show sign of reversal, will manually close the trades.
Trade stängt manuellt:
www.dailyfx.com...n-PMI-Miss.html?DFXfeeds=f...

AUDJPY starts going sideways after the China PMI news, so I'm manually closing my trade now to avoid getting whipsawed.

Kommentera:
It was a good thing I closed this trade already especially before NFP Friday else this could turn into a loss :(

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