SMPTrader

Possible AUD/JPY Short Position!!

Short
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe - 4-12 Hours
Actions on -
A – Activating Event
Market will meet resistance in zone @ current levels - .... and fall to the 75.2 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 75.2

FX:AUDJPY

Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 75.2
Target 2 @ ....

Risk/Reward @ 2.5.1

Happy trading :)


Follow your Trading plan, remain disciplined and keep learning !!


Please Follow, Like,Comment & Follow


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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.