Fxprotrader
Short

AUDJPY: Sell Opportunity Based On Median Line Analysis

FX:AUDJPY   Australian Dollar/Japanese Yen
845 15 31
2 months 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.
2 months ago
Trade active
2 months ago
Trade closed: target reached: We move stoploss at second position to breakeven for a free risk trade
2 months ago
Trade closed: target reached: 2nd target reached in the opening of the market :)
MANOLIS PRO
2 months 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?
Reply
Fxprotrader MANOLIS
2 months 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 :)
Reply
MANOLIS PRO Fxprotrader
2 months 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.!!!!!!!!!
Reply
Fxprotrader MANOLIS
2 months ago
Keep it up mate..!
Reply
kamoflaaz
2 months 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 kamoflaaz
2 months 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..
Reply
kamoflaaz Fxprotrader
2 months ago
Okay, that's what I was thinking, thanks and good luck!
Reply
Fxprotrader kamoflaaz
2 months ago
You are welcome :)
Reply
RalfDiana
2 months 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
Reply
Fxprotrader RalfDiana
2 months ago
I honestly have no idea mate.. I think you should better as TV stuff.. They should know much better..!
Reply
Fxprotrader Fxprotrader
2 months ago
* you should contact with TV stuff
Reply
RalfDiana Fxprotrader
2 months 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
Reply
Fxprotrader RalfDiana
2 months ago
Me??? Absolutely nothing to do with it..! This is an ad from Tradingview.. :)
Reply
peterfx PRO
2 months ago
Perfection :)
Reply
Fxprotrader peterfx
2 months ago
Thank you..
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out