FX_IDC:AUDJPY   AUSTRALIAN DOLLAR / YEN
613 6 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!!
I will keep an eye on this.
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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.
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Marvin, this is an upcoming trade.
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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?
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yes it was supposed to bounce, but once the trendline was broken the long was canceled
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Marvin BennyG
Ok Benny thx mate.
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