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SMPTrader
Apr 10, 2019 8:21 AM

Possible AUD/JPY Short position!! Short

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe 1-2 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @79.6 - .... and fall to the 79.00. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 79.00

FX:AUDJPY

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 79.00
Target 2 @ ....

Risk/Reward @ 3.1

Happy trading :)


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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