AUD -6 JPY 0
Looking for a short term trade to the previous breach of sellers @ 76.430 if momentum from the asian open and aussie news is able to bring it up.
If not will be looking to take longs to 76 and 76.200 Region
Prices are getting rejected off the hourly charts and AUD have been trending down for quite sometime.
It seems buyers are lifting the offer, hoping to get a good price around the 75.800 with a good reaction from the buyers. Expecting prices to spike as well because of news catalyst.
Looking for a short term trade to the previous breach of sellers @ 76.430 if momentum from the asian open and aussie news is able to bring it up.
If not will be looking to take longs to 76 and 76.200 Region
Prices are getting rejected off the hourly charts and AUD have been trending down for quite sometime.
It seems buyers are lifting the offer, hoping to get a good price around the 75.800 with a good reaction from the buyers. Expecting prices to spike as well because of news catalyst.
Comment:
Prices are currently at 800, Fading sellers. Still on standby as sellers momentum is still strong. Expecting prices to range within the 600-800 range or 76.00 to 75.8
Comment:
Looking for a weak pull back into the 720 to enter a buy
Comment:
hoping prices to spike down the 720 hunting the stops on the buyers, and if that push down fails a long is possible
Comment:
Stop hunters incoming, Preparing for a buy if hunters fail
Comment:
looking for 1 more push from the hunters
Comment:
Strength from JPY Group pushing AUD down
Comment:
Entered long at 75.700
Comment:
Stop hunters failed
Comment:
Keeping SL below 600 in case the news spikes me out as it is in a down trend after all
Comment:
re enter
spiked out
spiked out
Comment:
Shifting stoplosses to 0
Comment:
Scaling in adding positions. Currently JPY pairs are all Correlated and USD CAD have already reversed due to weakness in those 2 currencies. Expecting AJ EJ and GJ to follow suit
Trade closed: stop reached
