Technician
Short

(J) Trade 13 : Short AUDJPY on Volatility Spike #forex

FX:AUDJPY   Australian Dollar/Japanese Yen
4439 26 90
Update 2: Remaining of position was stopped out at break-even
All position is closed
Profit= $425
New Balance= $30 592 + $425 = $31 017

Update: Closed half position at first target, moved stop loss to breakeven for the remaining position.
===========================================================================

Trade 13: SHORTED AUDJPY             @94.55
Trade Status: Active
S.L @ 95.25
T1 93.60
T2 92.75

For $30 592 Balance, Position size = 1.1 lot ~ 2% risk of capital

===========================================================================

Reasoning
  • Major technical Breakout below 94.50 support
  • Negative sentiment surrounding markets, as chances of a Greece default and exit of the euro             have increased dramatically.

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Technician
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Good call.
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Anyone stayed in?
Reply
LuisZambrano Technician
I did my friend, great trade. Just took a lot of patient.
Have great weekend!
Thank you for the awesome work.
+1 Reply
TahirAli LuisZambrano
Great work mate.No need to exit if trend is not changing.Good job.
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Update 2: Remaining of position was stopped out at break-even
All position is closed
Profit= $425
New Balance= $30 592 + $425 = $31 017
Reply
YC Technician
usually I get emails when there is new activity since I'm a follower. but no email for trade 13/14. not for sure if it's due to the tradingview system.
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Trade is still active
+1 Reply
I didn't see Technician's post ( I don't know how come I missed that) but last night before going to bed I saw this pair hitting resistance and making a shooting star at the resistance in 15 minutes chart but at the same time I saw EURCHF at the same condition (a big shooting star at the resistance) so instead of this pair I shorted EURCHF.I just woke up today and found that I am 67 pips up.
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It was a good opportunity for buy and nice opportunity for sell. I took buy and was sleeping when was time for sell:)
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Update: Closed half position at first target, moved stop loss to breakeven for the remaining position.
+1 Reply
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