FX:AUDJPY   Australian Dollar/Japanese Yen
505 5 13
I have had a couple of great days on this pair. We have a pullback into the support of the broken trendline and we are moving from 79 again. Happy Trading.
Trade active: Trying again on this one. Picked up from 7832 with the stop below 78
Trade active: Adding from .79 running long into 8263. Stop needs to be 30% of your estimated gain..I generally run 40 pip stops or less, but on this one you can go below 78 again if you want to risk 100 pips. I don't so I am at 78.67
Trade active: Ok this is giving us a gorgeous pennant. Let's break it and go... Greak pullback!
Trade closed: target reached: I've pulled positions on this and on the aussie usd to turn to mining stocks, XAU and Bitcoin over the next two weeks. Your levels should hold firm on aussie while the pound pairs drop. Best of luck and I will be back after Brexit. Thanks!
Could this most recent move be a potential 2618 also if it rejects around 79.73?
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hope.bleecker DamonDavies
I think this is a yen pullback situation since aussie is in pullback mode too. I'm actually just trading sideways consolidation on the one hour and hoping the break the top. But we will see.
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I like this one... breakout and retest, but that retest on 6/5,6/6 might have been too sharp.
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I would love to see that, but I'm worried that yen is very strong against the aussie. Look at this yearly performance http://finviz.com/forex_performance.ashx?v=6
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I think audchf is the same
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