The YEN is so weak that it needs some energy shots.
However we need to take advantage of this weakness and stick with the trend.
The pair has made a M15 pattern that is aligned with all the trends and within the H1 MA.
Looking to long at 96.30 and stops at 95.90.
Good luck!
However we need to take advantage of this weakness and stick with the trend.
The pair has made a M15 pattern that is aligned with all the trends and within the H1 MA.
Looking to long at 96.30 and stops at 95.90.
Good luck!
Trade closed: stop reached
While the trend was correct, the execution was poor. There was a number of tops in M15 showing that it was going to fall further. On top of that, M30 was not oversold. 09/06/22 DEAL AUD/JPY Mini converted at 0.01033289950422 SD SD-35.34
Funds: SD11,270.86
Will look for another opportunity to go long.
Trade active
Re-entered the trade at 95.86. Stop loss at 95.36Trade closed: stop reached
Stopped out again on this trade. This trade is giving a lot of grief and we are also seeing the stock market drop quite a bit due to this.09/06/22 DEAL AUD/JPY Mini converted at 0.010358149631745 SD SD-51.79
Trade closed: stop reached
The obsession with going long on AUDJPY has really made a mess. There were a lot of wrong entries without a proper trigger mainly because of the revenge mindset. Even when the trade could have been closed at breakeven, we chose to hold on which was a mistake. 10/06/22 DEAL AUD/JPY Mini converted at 0.010384682075955 SD SD-36.87
10/06/22 DEAL AUD/JPY Mini converted at 0.01038714721734 SD SD-27.32
Funds: SD11,255.31
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.