Feeling Short on AUDJPY
Not the best at explaining as I've only been trading for a few months! However, price is reaching a resistance zone after breaking the previous low on the 4 hour. On the daily, we are on a downtrend mainly so I feel like it will fall back down at least 50%!
👨🏾💻TRADE IDEA 👩🏾💻(SELL AUDJPY)
Type: Market Execution
Time Frame Marked up on: 1Hr -Daily
🥵Stop Loss: 76.185
🥶Entry Zone: 75.761-75.528
Take Profits:
1. 👉🏾75.169
2. 👉🏾74.955
3. 👉🏾 74.678
🔥Hot Zone🔥
👉🏾74.678-73.954
-Personal Trade
🏀Tips🏀
*Use proper risk management. Past profits does not guarantee future success!
*Don’t be greedy! Leave at least $10-$15 Free Margin so you won’t get kicked before your trade hits Stop Loss.
*Take advantage of twin trading!
*Trail your stop loss once you get 20 pips on profit!
*Be patient. Your trade will go red and blue. Trust in your markup.
*You won’t win every trade but continue to learn!
👨🏾💻TRADE IDEA 👩🏾💻(SELL AUDJPY)
Type: Market Execution
Time Frame Marked up on: 1Hr -Daily
🥵Stop Loss: 76.185
🥶Entry Zone: 75.761-75.528
Take Profits:
1. 👉🏾75.169
2. 👉🏾74.955
3. 👉🏾 74.678
🔥Hot Zone🔥
👉🏾74.678-73.954
-Personal Trade
🏀Tips🏀
*Use proper risk management. Past profits does not guarantee future success!
*Don’t be greedy! Leave at least $10-$15 Free Margin so you won’t get kicked before your trade hits Stop Loss.
*Take advantage of twin trading!
*Trail your stop loss once you get 20 pips on profit!
*Be patient. Your trade will go red and blue. Trust in your markup.
*You won’t win every trade but continue to learn!
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