Any help with AUDJPY?

yeah thanks anw what about now its a retracement and continu bullish ???

AUD news was not so hot and the JPY is ready to go down some more so I am reentering my aud/jpy buys today. I my buy position above the daily pivot waiting for the buyers to hit the market again.

The AUD fell today due to unfavourable employment numbers. But China GDP is due tomorrow. Based on recent numbers from China, I assess the GDP number might meet the forecast, if not better. If that is the case, AUD will rally. Coupled that with fundamental JPY weakness, it might result in further upside for AUDJPY.

well what about now any idea about the trend ???

A quote:
"There was arguable a short squeeze on positions taken with a sub-zero interest rate expectation but the delay of the open-ended asset purchasing to 2014 was disappointing but ultimately will not be reason enough for longer-term yen shorts to be scared off. The Bank of Japan and Abe are (for now) grudgingly on the same page it seems and after the burst of yen strength there will likely be a re-evaluation of what the BOJ’s next step will be and then that will fuel the next wave of yen selling."

Looks like for now the yen weakness will hold between these two areas for now. If price breaks above that top red line then Yen weakness will continue. If not it will bounce between the two red lines. This run has gone on for 4 months now and may take a breather. Especially if the AUD does a rate decrease then this pair will range. I would not expect much more from this run for now.　I dont know how you are sitting but it may hold in this area for a while. JPY really jumped around on that news report yesterday.

I marked in pink the last time price was in this area and it was all over the board.

I dont know where you stand on the trade now, but if the profit buy had taken out 1/2 of the sell earlier adn the second profit buy taken at the previous break up, it would be in position to take out the other bad sell trade. Most if not all of the account would have been saved by now. So that is one way it could have been done. I hope now you will trade smaller lots or if you are going to gamble large positions you need a SL. I wish you well and good luck. I surprised some at how strong the Aud kept going on the JPY but that is how it works sometimes. Look at your high end charts weekly/monthly and make sure you are on the right end of the trend.

The pic with the white line is the 2MA simple on the monthly. Do only buys above and sells below and it will keep you out of a lot of trouble.

If you look at the monthly charts once a week you will keep yourself in the long term trend pattern. This will help you make better decisions in your trading and not get caught fighting an uptrend like you were in these two trades. Real trends only change a couple of times a year. The Aud/Jpy has had 7 trend changes in the last 4 years so learn not to fight them.