Thursday, 3 November 2011

AUD/JPY Analysis

Bullish pinbar candle on daily timeframe. Momentum strong, moving averages pointing up. bounce off 8ema and horizontal support. Trend up. Long order as per below:

STOP: 7957
ENTRY: 8075
LIMIT: 8281

RISK/REWARD: 1.75/1

2 comments:

  1. still in the trade, bit choppy but 80.20ish is holding well

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  2. Stopped out yesterday morning

    ReplyDelete