FX:AUDJPY   Australian Dollar / Japanese Yen
0
Price was initially going against the trade so I waited on my entry, I placed an entry order at the 127 extension and a stop loss 15 pips above "X" when price, reached the 382 level I moved my stop loss to break even and when price reached 618 stop loss was moved to 382. Now price is still moving in my favor and i have a 15 pip trailing stop loss to lock in some profits. Currently it is a 6:1 trade.
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