SMPTrader

AUD/JPY Short Sell continue...

Short
SMPTrader Updated   
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

AUD/JPY Short Sell continue...

Chart Time frame - 4 Hourly
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Entered short position on the 8th Nov. Below you will see trade management details
B – Beliefs
Continuing on with trade however moving stop loss closer

AUDJPY


Trade Management
Entered @ 82.93
Stop Loss @ 83.3 (stop loss change to 82.600)
Target 1 81.500
Target 2 78.800


Happy trading
Comment:
Trade moving in the right direction :)
Comment:
Trailing stop moved to 82.00
Trade closed: stop reached:
Trade hit trailing stop @82.00

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