FX:AUDJPY   Australian Dollar / Japanese Yen
351 4 0
AUDJPY             broke the 80.770 resistance area . After a close above the resistance level I put on a small long position, and will add more to the postition once the 200 ma is broken or with a pull back to the 80.770. Stops are placed below the bullish engulfing candle @ 80.510.

Just an update:

I did have a chance to add any addtional lots to this position sice price action never pulled back to 80.770, and when price broke above the 200ma I was not by my computer, and didn't feel comfortable setting an order to buy.

So I have moved my stop to breakeven and also took profit. The rest of the postition will run and I will manually trail my stop.

Price action will now be supported by prior resistance as well as the .618 fib extention with was taken from last weeks swing low and high.

resistance comes in at the 200MA and the .764 fib extention

I will be using the fib extentions as profit targets and as re-entry points, but only when confirmed by price action.
Thanks for the feed back Positive_Pips . I'm really liking tradingview.com, I 've been using this site as my trade journal, and it's a great place to get feedback on trade ideas
Just saw it, nice mate... bullseye :) well done!
Thanks. Also, I have to thank you guys for responding to my issue I was having with the site and quickly resolving it. (quick connect login issue)
Nice trade
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out