Thursday, April 8, 2010

AUDJPY Live Trade

Hi Guys

Here is the latest trade

Reasons for this trade

1. Rejection of the top at 87.50
2. Bearish daily pinbar close
3. China revaluation speculation should weigh on the topside in aussie
4. Yen buying on the back of weaker US bond yields

Entry - 86.50
Stop 1 - 86.85
Stop 2 - 87.20
Take Profit 1 - 85.85
Take Profit 2 - 84.70
Take Profit 3 - 82.90
Take Profit 4 - 81.10
Runner - TBA

Update 1 - Admin Fee achieved

Update 2 - Break even set

Update 3 - Take profit 1 triggered

Update 4 - Stopped out at break even

0 comments:

Post a Comment