riffster21

AUDJPY - 2nd Entry

Long
riffster21 Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Hi guys, my first trade was stopped out @ Break Even. As I mentioned, I would re-enter if it pushed down again and enter at a better price. I am long @ 83.41. Stop and Target marked on the chart. I'll push it to Break Even pretty fast again, but all of my indicators are still screaming over-extended.

We'll see...

This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.
Comment:
The JPY is further extended and the AUD is forming a double bottom. This 'should' be the turning point that we need. We'll see.

Comment:
We finally have a pacman on the long term barometer. Took longer than I expected, but things are shaping up:

Comment:
I'm moving my stop to Break Even. If it retraces from here, I want out.
Comment:
Hit our target on this trade.
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