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Long

AJ, Going Up For A Bit

FX:AUDJPY   Australian Dollar / Japanese Yen
63 2 2
I have my doubts about this, but nothing ventured nothing gained; AJ has cleared the cloud to the up side after a heavy drop, but what made me decide a long attempt was Rob Booker's Knoxville Divergence. I've never really given it a full try, and decided to finally do it today. The red line of divergence was in a good area, and the reversal tab activated - I waited and set an alarm to the most recent resistance.

Bottom line, resistance was broken, alarm went off, and long initiated. This is one I will be keeping a close eye on as I don't have full faith in Booker's indicators...but his Knoxville is just too tempting not to try :-)
Ill be at the bench for this. Avoiding sushi for now
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UPDATE: Well, everything WAS going as planned and price was moving slowly into profit - right up until Japan's BOJ (which I forgot was coming). This is the second time I had a trade with the Yen, it was going perfectly, and the BOJ killed my trade. I won't make that mistake again.
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