ou need to think in terms of 200 to 300 pips, don't hurry, but still get rich
This is where the original trade should have been from
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ou need to think in terms of 200 to 300 pips, don't hurry, but still get rich
This is where the original trade should have been from
Wider stops are needed to not be stopped out by meaningless spikes or volatility. It depends on your trading style and what you want out of the market. I use wider stops to trade for a day or longer.
Looks like we're starting to see a downturn start to form or at least a retrace.
My indicators say:
SMA 10 and 20 is starting to narrow--crossover coming?
SMA 50 and 100 is still uptrending
RSI 70 was hit about a week ago and is starting its descent.
Heiken Ashi candles have gone from blue to 2 red candles on the daily suggest a downtrend
Price Action has broken the channels.
Yep, looks like we is going down...
I note the 50% retracement level of the entire move down from the 2014 high has been tagged almost to the exact pip. Also formed a decent looking pin bar in a solid down trend
Monday was a day to short this trade. Which I did. I've been short for awhile but at lower prices. Got in too soon on the other shorts. Today was the correct day it appears. Time will tell of course. Im trading short for the longer term time frame.
we have sold Audjpy from 85.58 and took profit 114 pips in 1 day...i hope it will retrace and we can short again if not its ok there is always opportunities at market
Aud has been the weakest currency while yen seems to be going ahead relentlessly.
Unfortunately, I was too eager to sell AUD/JPY and ended up with a sell at 82
I'm confident I won't make a loss on this, but I'm just curious how low do you guys think this will go? Thank you.
i got somethin for you
it may keep going down, but i think will touch the upper side of the triangle one more time
Today aud/jpy rate is 78.670
by observing the all routine of the chart carefully i have come to know that the most
suitable and the best next selling point will be 78.501
and the most profitable next buy point will be 78.752
I hope you will obey my views
all the best .
today's technical analysis of Aud/Jpy is buy
1. Resistance Level:78.73
2. Resistance Level:78.81
3. Resistance Level: 78.89
1. Supporting Level: 78.61
2. Supporting Level: 78.53
3. Supporting Level: 78.45