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SMPTrader
Jul 16, 2019 8:33 PM

Possible AUD/JPY Short Position!! Short

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

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 :)


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