joebrownFX

Planning a trade wayyy before it happens.... HERE'S HOW

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
I'm expecting price to return to the long term descending channel as there is a lot of liquidity there for the taking.

I expect this to happen via the channel breaking (wiping out stop losses) then price to continue downward. I have a trade idea already generated before price even reaches that destination, so when it does I am fully prepared for any scenario.

If you can try and look to the future then you will get a better feel for the markets.

I struggled to explain this one, sorry.

Happy trading!