Fxprotrader
Short

AUDJPY: Sell Opportunity Based On Median Line Analysis

FX:AUDJPY   Australian Dollar/Japanese Yen
842 15 31
a month ago
Although in an uptrend we have a nice sell opportunity in AUDJPY             with price been rejected from the upper parallel of smaller median line (orange pitchfork) and breaking below the consolidation it was moving in. I expect price to come up to test once more the parallel, where i have already placed my sell order with sl and tp as shown at the chart.
a month ago
Trade active
a month ago
Trade closed: target reached: We move stoploss at second position to breakeven for a free risk trade
a month ago
Trade closed: target reached: 2nd target reached in the opening of the market :)
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MANOLIS PRO
a month ago
Hello Fxpro, Nice chart and analysis, thank you for sharing.!!!! but as i can see why don't you use indicators for exmple RSI?
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Fxprotrader PRO MANOLIS
a month ago
Hi Manolis, thank you for your kind words. I sometimes use rsi or macd looking for divergences. I also use atr for better stoploss levels, and that's it. No way i will use indicators to enter a trade. They are all lagging and they won't help in your trading. Price action and market structure is everything you need in order to master your trading :)
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MANOLIS PRO Fxprotrader
a month ago
I agree with You, I use to enter my trade using divergence and especially momentum with RSI+MA
I enjoy working with pitchfork as well, that's why im very interesting on your sharing and ideas.!!!!!!
Thank you. All the best.!!!!!!!!!
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Fxprotrader PRO MANOLIS
a month ago
Keep it up mate..!
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kamoflaaz
a month ago
Hi man, cool and fast trade!

I wanted to ask what you think about re-doing this scenario?
Since the drop was because the Killary news and now it's already corrected itself, should it fall back to previous('ish) plan?
Reply
Fxprotrader PRO kamoflaaz
a month ago
It still testing the slide parallel, and we might have another rejection. If you see a setup of your strategy at that level, you may go short. I am doing the same..
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kamoflaaz Fxprotrader
a month ago
Okay, that's what I was thinking, thanks and good luck!
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Fxprotrader PRO kamoflaaz
a month ago
You are welcome :)
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RalfDiana
a month ago
Hi FxProtrader Can You please tell me what is this Traders Club how does it work and what to do to join it. Most probably it is for professional traders. I gave a look but I do not know what to make of it. Is it any good for inexperienced traders? Thank you for your help
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Fxprotrader PRO RalfDiana
a month ago
I honestly have no idea mate.. I think you should better as TV stuff.. They should know much better..!
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Fxprotrader PRO Fxprotrader
a month ago
* you should contact with TV stuff
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RalfDiana Fxprotrader
a month ago
So am I wrong saying that You have nothing to do with this Trader Club because if it is so then I will ignore it.thanks
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Fxprotrader PRO RalfDiana
a month ago
Me??? Absolutely nothing to do with it..! This is an ad from Tradingview.. :)
Reply
peterfx PRO
a month ago
Perfection :)
Reply
Fxprotrader PRO peterfx
a month ago
Thank you..
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