PriceActionTrading
Long

AUDJPY DROP EVERYTHING. WATCH THIS NOW

FX:AUDJPY   Australian Dollar/Japanese Yen
248 18 13
SEE LINK BELOW FOR DESCRIPTION.
SEE CURRENT H4, MONITOR TO ENTER LONG UPON FAVOURABLE PRICE ACTION.

OVERALL I FEEL AUD IS BULLISH .
HAS THIS PAIR FINALLY COMPLETED ITS RETRACEMENT?
BREAK OR BOUNCE OF TRENDLINE?

CLICK THUMBS UP IF YOU ARE IN THIS TRADE,
OR LIKE / HAVE BENEFITED FROM ANY OF MY IDEAS
looks like a good call :)
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95.50 is kill zone
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not jumping in yet though price on wrong side of the trend
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I see. will update again once H4 closes. right now according to your H2 chart its looking good right :)
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vdubus PRO PriceActionTrading
ye looking good now. Just jumped straight back inside. like you said though wait for the close. Can't tell you how many times I don't lol
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Yes. i can wait for this to close as i have 2 other positions open. sell EURNZD @ 1.534 AND sell GBPJPY @ 188.3.
no need to open new positions.
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vdubus PRO PriceActionTrading
it's the wk set up on this pair Im not to hot on
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I see. well traders all draw different trendlines. I also have a W1 trendline but price has closed above my trendline whereas yours haven.
Theres no clearly defined "correct" trendline. if you believe in yours then you should play it safe no problems :)
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PriceActionTrading PriceActionTrading
Oh yes. heres mine for your reference
W1
snapshot
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vdubus PRO PriceActionTrading
pmsl you need to zoom out a bit you got it wrong haha
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Dont call me PriceActionTrading for nothing :) lol
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vdubus PRO PriceActionTrading
keep expecting long moves, your only looking for 97. think you got this one
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If only i know a way to send notification to my followers informing them of trendlines broken, watch this or stuff. Instead of having to types comments or post an idea just for a comment. That would be great.
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h4 pin bar formed at mentioned kill zone.
previous resistance turned support.
support trendline H4 D1.

trade looking good so far with H4 pin bar holding. one could use the pin bar as a entry and for stop loss purposes.
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Yahia.Awes PriceActionTrading
Friday BOJ meeting, smells like raise rate for Yen.
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Thats gd lhk. Although i am not a fundamentalist but i will take note to observe this event.
+1 Reply
Yahia.Awes PriceActionTrading
I don't trade fundamentals too but this is an important one. FXY at all time low almost so we all know what might happen, they will confirm what we see I guess :)
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Yes. Will observe few hours before to see whether price reacts prematurely. Thanks for heads up really appreciate it. I do not check calendar that often.
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