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FXCM
Feb 19, 2019 3:09 AM

Breakout Identified in AUDJPY Short

Australian Dollar/Japanese YenFXCM

Description

The Breakout Opportunities system has just sold AUDJPY at 78.771. The system recommends entering this trade at any price between 78.585 and 78.869. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.973, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high of 79.162 and a profit target has been set at the 1 Day ATR level at 78.028. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.

Signal ID: 63772
Time Issued: Tuesday, 19 February 2019 00:45:15 GMT
Status: open
Entry: 78.585 - 78.869
Limit: 78.028
Stop Loss: 79.162

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Comments
SETITAND4GETIT
hey buddy thx for the comments on my chart draw up... just so you know i am a scalper.. i like to wait for the start of the day to draw my ideas.. at least the first six to eight hrs of the start of the day. that way i know whats going on. i react off of the market... i hate guessing..lol nontheless i am looking at long term trades now testing strategies. so far so good. we cant get them all right, looking above here. i just have one question to ask you. how could train anyone when you still have alot to learn, and i only speak of the above chart..i have not seen any of your other draw ups. if i would have enter the market off of that i would have got stomped... but plz feel free to share with me. i like to have different ideas other than mines... thx buddy again
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