pkarlsson

AudJpy - Daily Chart - Sell Opportunity

Short
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
My alert was triggered with this pair and I placed and sell stop order with following paramters:
Price: 79.782
S/L: 80.492
T/P: 78.849 (R1.3)

My thought: Oh, don't know for sure about this one but I know it will have to face a pretty strong support line at: 78.800 and my plan is to go with a very tight trailing stop when/if price hit that level.
//Patrik

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