SMPTrader

AUD/JPY Sell opportunity

SMPTrader Updated   
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top
B – Beliefs
Market will be rejected at 82.900 level and move towards the Target 1 level @ 81.500 level or even further towards the 78.800


Trade Management
Entered @ 82.93
Stop Loss @ 83.3
Target 1 81.500
Target 2 78.800

Stop loss changes

Trailing Loss



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Comment:
Trailing stop moved to entry @82.93
Comment:
Remaining on track to hit my first target.

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