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SimpleTradingTechniques
Oct 16, 2016 2:58 PM

AUDJPY - BULLISH Strategy Long

Australian Dollar/Japanese YenFXCM

Description


Go long the AUDJPY if it trades at 79.81 or higher. If triggered, place your stop at 77.83 and exit the position for a profit at 81.08 or at your own discretion. (Always invest wisely).

In this idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for large moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening

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