TradingView
SMPTrader
Apr 5, 2020 5:58 AM

Possible AUD/JPY Long Position!! Long

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


SMP Strategy

Chart time frame - H4
Timeframe - 2-3 Days

Market Direction : Long Position
A – Activating Event
Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 67.2
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 67.2
Target 2 @ ....

Risk/Reward @ 2.1

Happy trading :)


Follow your Trading plan, Remain disciplined and Keep learning !!


Please Follow, Like,Comment & Follow :)


This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Comments
transparent-fx
nice work, I will be monitoring audjpy as well, nice pair
More