FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
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47
Long trade against main trend, 500+ target
Comment: THAT IS WHAT HAPPENS WHEN YOU GO AGAINST THE MAIN TREND - INCREASED RISK
TRENDLINE BROKEN, SO CORRECT FIB STILL IN PLAY
Comment: CORRECTION: SO CORRECT FIB no longer IN PLAY
Comment: STOPPED OUT DUE TO VERY SMALL STOP, STOP MUST BE BELOW STRUCTURE!!

Comments

Benny can you please shed some light on your charts? Are you saying you entered ona break of the yellow channel on March 2? Thanks.
Reply
anexas Marvin
Marvin, this is an upcoming trade.
Reply
Marvin anexas
Hi Anexas. Thanks for that. I'm still not sure what he means though. Perhaps for price to bounce off the lowere channel to the higher one?
Reply
BennyG Marvin
yes it was supposed to bounce, but once the trendline was broken the long was canceled
Reply
Marvin BennyG
Ok Benny thx mate.
Reply
I will keep an eye on this.
Reply
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