Attachments: AUD/JPY

AUD/JPY

#1,721
Nov 7, 2019 6:48pm Nov 7, 2019 6:48pm

hellsbells
Joined Mar 2016 | Status: Trader | 970 Posts

Don't want to be greedy, will TP when the train stops, end of the week etc. I'd like to see it shoot through this support though hence my TP 75.15

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#1,722
Nov 7, 2019 7:25pm Nov 7, 2019 7:25pm

hellsbells
Joined Mar 2016 | Status: Trader | 970 Posts

TP 75.222. Finished for the week.

#1,723
Nov 11, 2019 6:23pm Nov 11, 2019 6:23pm

PatrickR
| Joined Feb 2019 | Status: Trader | 23 Posts

Went long on bad jpy news and got wrecked not sure what I did wrong however I guess thats just the way she goes it looks like almost all crosses with jpy performed poorly at least from what I can tell.

#1,724
Nov 12, 2019 4:24am Nov 12, 2019 4:24am

olegchartist
Joined Sep 2019 | Status: Trader | 230 Posts

This all is looking like the preparation to the breakdown.

1) By recent up-move, market reduced number of sellers. their Stop-losses was here
2) EVRT (hidden weakness)
3) Supply bar.

IMO, this market is going to make a step down

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Follow my thread

Oleg Alexandrov, market analyst. Find me in Google

#1,725
Nov 14, 2019 5:06am Nov 14, 2019 5:06am

eastrader
| Joined Nov 2019 | Status: Failure Make Success | 462 Posts

My attempt short entry at 73.677, target at 73.267 & my initial stop at 74.019

wise man say, only fools rush in

#1,726
Nov 18, 2019 3:59am Nov 18, 2019 3:59am

chessforex20
| Membership Revoked | Joined Nov 2019 | 10 Posts

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#1,727
Nov 18, 2019 8:12am Nov 18, 2019 8:12am

Unbiased
| Commercial User | Joined Sep 2019 | 249 Posts

Sell AUD/JPY | AUD analysis

About AUD : AUD/USD clearly had shifted to bearish trend as it on Nov 14 had closed below swing low of Oct 25 on D1. It had reached FIB61.8 of whole swing up on D1/daily-time frame made between Oct 2 & Oct 31. Recent unemployment data from Australia was significantly weaker than forecast, which has acted as the main bear factor.

Besides Austrian economic data, Waning out optimism of US-China trade deal phase 1 also weighed on AUD.

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About JPY: There had already been a bearish breakout of wedge in USD/JPY.

The trade:
Today's negative news of US-China trade deal worked just like a triggering factor. While USD/JPY and AUD/USD are going down together, selling AUD against JPY is very good idea. Target FIB61.8 on D1 of AUD/JPY. Set SL above the price before triggering news.

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#1,728
Nov 18, 2019 8:28am Nov 18, 2019 8:28am

Unbiased
| Commercial User | Joined Sep 2019 | 249 Posts

Quoting Unbiased

Disliked

Sell AUD/JPY | AUD analysis About AUD : AUD/USD clearly had shifted to bearish trend as it on Nov 14 had closed below swing low of Oct 25 on D1. It had reached FIB61.8 of whole swing up on D1/daily-time frame made between Oct 2 & Oct 31. Recent unemployment data from Australia was significantly weaker than forecast, which has acted as the main bear factor. Besides Austrian economic data, Waning out optimism of US-China trade deal phase 1 also weighed on AUD. {image} About JPY: There had already been a bearish...

Ignored

Upcoming Monetary Policy Meeting Minutes of RBA's board may impact this trade but I am not worried, read why.....

#1,729
Nov 19, 2019 7:35pm Nov 19, 2019 7:35pm

Unbiased
| Commercial User | Joined Sep 2019 | 249 Posts

Quoting Unbiased

Disliked

Sell AUD/JPY | AUD analysis About AUD : AUD/USD clearly had shifted to bearish trend as it on Nov 14 had closed below swing low of Oct 25 on D1. It had reached FIB61.8 of whole swing up on D1/daily-time frame made between Oct 2 & Oct 31. Recent unemployment data from Australia was significantly weaker than forecast, which has acted as the main bear factor. Besides Austrian economic data, Waning out optimism of US-China trade deal phase 1 also weighed on AUD. {image} About JPY: There had already been a bearish...

Ignored

Closed AUD/JPY at BE. AUD seems not to be as week as it was in NewYork session of Nov 18 and Asian session of Nov 19. Actually AUD/JPY in London and New York sessions of Nov 19/yesterday erased total fall of previous two sessions (NewYork session of Nov 18 and Asian session of Nov 19).

#1,730
Nov 28, 2019 2:34am Nov 28, 2019 2:34am