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rufinorosado
May 19, 2016 1:17 PM

Harmonic Gartley on the AUD/JPY Long

Australian Dollar/Japanese YenFXCM

Description

I've been having very good look with Gartley patterns lately. This is the latest one. A Bullish Gartley on the Aussie/Yen. Looking to get 20 pips on my first lot, set stop loss at break even on my second lot and let it ride.

Comment

There's reports of Resistance being set at 84.39 which is great. My 3rd target profit mark is set below 81.00.

finance.yahoo.com/news/aud-jpy-rebound-eyes-key-165200897.html

Comment

Closed my first lot at 15 pips profit. Moved my stop loss on my second lot to 1 pip to cover my brokers commissions. Now I wait it out to see how many pips I can get with my second lot.

Trade closed: stop reached

Trade closed at my new Stop loss. Finished my second lot with 20 pips.

Comment

Over all I got 35 pips out of this trade. I'm satisfied with today's results.
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