forexnick

AUDJPY Sell Stop - Time to Crash to 83.1!

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Check it out, AUDJPY hitting resistance and topping out. It's time to short this bad boy all the way back down to it's support at 83.1. Entry will be around 84.4 for confirmation. Sometimes it's best to wait until you are positive that price is heading your way, this will help you stop losing to fakeouts and trend continuations. Put your limit and stop orders in an area of no return, and you will find much more success!


Let's see how it plays out,


Happy Trading!
Nick

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