Australian Dollar / Japanese Yen
Short
Updated

AUDJPY: ITF CURVE ANALYSIS (1D) - (DOWNTREND)

594
CONSERVATIVE -SL @ 109.70
SLO1 @ 109.11 ⏳
AGGRESSIVE -SL @ 108.60
MO @ 108.45 - TRIGGERED
SSO1 @ 108.301 ⏳
SSO2 @ 108.131 ⏳
SSO3 @ 107.917 ⏳
TP1 @ 105.646
TP1a @ 103.50 (secret TP)
TP2 @ 102.331
TP3 @ 100.158
BLO1 @ 99.637⏳ (SET PRICE ALERT)

🔑

BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
SL = STOP LOSS
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

DISCLAIMER/NOTE: THIS IS NOT FOR EVERYONE! I'm posting to test my own trading abilities/skills and to have accountability. Plus I want to see it work out (& want you to see it as well). As you can see, I have an aggressive negative stop loss (-SL) and a conservative -SL for my SLO. Proper position sizing will make this trade a good opportunity if my analysis is correct. The R:R is enormous on this one, no matter which one works out..... let's see what happens.

Intermediate time frames (4 hours to 6 day):

— Offer a clearer picture of the underlying trend compared to short-term frames.

— Provide more opportunities for confirmation signals and technical analysis.

— Allow for more flexible trading schedules, trades can be held overnight.

— Suitable for swing traders and some positional traders.
Note
All orders are triggered and running smoothly with a +SL in place and add-ons providing additional profit potential. If you've decided to engage in this trade, congratulations..... you're on your way to massive pip profits. Happy trading all!!
Note
TP1 IS SECURED!!!

We hit TP1 overnight for an amazing amount of pips. Depending on the number of orders you had, your account woke up heavy!!! You should have shaved and now have a greater +SL in place to protect your capital and profits. Let's hope to get this secret TP before the week is out.... We'll see...

SLO1 @ 109.11 - TRIGGERED
MO @ 108.45 - TRIGGERED
SSO1 @ 108.301 - TRIGGERED
SSO2 @ 108.131 - TRIGGERED
SSO3 @ 107.917 - TRIGGERED
TP1 @ 105.646 - TRIGGERED
TP1a @ 103.50 (secret TP)
TP2 @ 102.331
TP3 @ 100.158
BLO1 @ 99.637⏳ (SET PRICE ALERT)
Note
TP's galore..... ALL IN THE BAG!!!


SLO1 @ 109.11 - TRIGGERED
MO @ 108.45 - TRIGGERED
SSO1 @ 108.301 - TRIGGERED
SSO2 @ 108.131 - TRIGGERED
SSO3 @ 107.917 - TRIGGERED
TP1 @ 105.646 - BANKED
TP1a @ 103.50 (secret TP) - BANKED
TP2 @ 102.331 - BANKED
TP3 @ 100.158
BLO1 @ 99.637⏳ (SET PRICE ALERT)

We've got 3 full positions left running to the final TP. Two full orders & all add-ons have been banked. This trade is potentially ready for a nice PB. Let's see how many add-ons we can get to add to our current winning.....
Note
THIS TRADE IS COMPLETELY IN THE BAG!! ALL TP'S HAVE BEEN SECURED!!! NEW TRADE OPPORTUNITY COMING SOON.

SLO1 @ 109.11 - TRIGGERED
MO @ 108.45 - TRIGGERED
SSO1 @ 108.301 - TRIGGERED
SSO2 @ 108.131 - TRIGGERED
SSO3 @ 107.917 - TRIGGERED
TP1 @ 105.646 - BANKED
TP1a @ 103.50 (secret TP) - BANKED
TP2 @ 102.331 - BANKED
TP3 @ 100.158 - BANKED
BLO1 @ 99.637⏳ (SET PRICE ALERT) - WE'LL BE GOING LOWER WITH NEW ORDERS COMING SOON.

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