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With commodities collapsing and the BOJ announcing further easing and loose monetary policy, AUD/ JPY provides the best instrument to ride both the decline in commodities and the softer yen.

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This is a short example of a initial micro target in H4 for a potential "risk on" leg trade. This is a post for James, Rob and David from ForexFactory to ONLY showcase how to place stops and profits to manage a proper positive r:r in an intraday position.