FX:AUDJPY   Australian Dollar/Japanese Yen
275 2 7
4 months ago
Looks to be a great setup for a nice LONG that will allow me to set it and forget it while working my Full-Time job.

Looking for an exit before the end of the day.
4 months ago
Comment: At this moment I went Long too early and with the bearish bias on the 4 hour chart. I am exiting my LONG and am going to see if we go much further DOWN.
4 months ago
Comment: So I am still a learning and I posted that last comment before convincing myself I looked for a good setup and will stay in it. I also put a STOP LOSS @ 80.00
4 months ago
Trade active
4 months ago
Trade closed manually: Well it turned out not to work out. The down side on the 4 hour was much stronger than the hourly for a bounce back.

I manually closed the trade for a 3 pip gain, but due to working a FT job I didn't even think about the obvious break below a known trend line and did not reverse the trade and short it. Missed out on a really big move.
bas70seven
4 months ago
I actually took a short trade. But i use the Daily and the 4HR charts.So, i took this trade because the uptrend was broken. I went down to the 1HR chart, waited for the pullback and then entered the short trade with 2 positions. I determine my TP with the D and the 4HR chart and as soon as i'm in profit i move my stoploss to break even. As soon as i reach my set 1st TP i close one position, set the SL at the 1st TP and let the trade run to the second target.

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bas70seven
4 months ago
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