AUD/JPY SELL IDEA

Hey tradomaniacs,

welcome to a new free trading-setup.

AUD/JPY:Daytrade-Preparation

Notice: Waiting for confirmation!

Market-Sell: 82.745
Stop-Loss: 82.920

Point of Risk-Reduction: 82.560
Take-Profit: 82.085

Stop-Loss: 16 pips
Risk: 0,5% -1%

Risk-Reward: 4,0

LEAVE A LIKE AND A COMMENT - I appreciate every support! =)

Peace and good trades
Irasor

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Trade active

AUD/JPY: Point of risk-reduction reached ✅

Move your stop-loss to break-even!

Note

AUD/JPY: Re-entered with a market-sell-order

Note

Good evening guys!🙏

Bad luck with the news for our trades but overall just a little loss of 1,5% compared to the 17,3% we`ve made this week. 😊

Drawdowns as a normal part of this buisness do really show how great big risk-rewards are as one trade can easily compensate a seriies of losing trades.👌

When the news appeard and I saw the red figures of Jobless Claims I was really confident with our trades and I`m still sticking to the setups.

Let me explain you why:

I had two scenarios for these news in mind.

1️⃣ Stagnating jobmarket but high inflation would confirm the dilemma of the FED as they can not "countersteer" a slowdown in growth due to the number one priority "fight the inflation" as often explained. This would cause a little bit of panic and so risk-off in equities, thus rising yields and more demand in US-DOLLAR and other risk-off currencies such as JPY.

2️⃣ Stagnating jobmarket but high inflation would give the market hopes the FED would have to "countersteer" and won`t fight inflation as harsh as announced and planned. This would give the market the hope they gonna get more liquidity in the future than expected which would boost bulls confidence due to more consume and investment.

Well in this case we have seen a mixed reaction with a pump in equities (risk-on scenario 2) and now the realiziation, thus fakeouts everywhere (scenario 1). 🙈

1️⃣ GBP/USD fakeout👉

2️⃣ AUD/JPY fakeout 👉

3️⃣ AUD/USD fakeout 👉

I hate it when the market does that, but sometimes it is just part of the buis.🙈

However, I will re-enter tomorrow!💪

Note

AUD/JPY:Swingtrade-Execution

Market-Sell: 82.775
Stop-Loss: 83.000

Point of Risk-Reduction: 82.555
Take-Profit: 82.080

Stop-Loss: 22 pips
Risk: 0,5% -1%

Risk-Reward: 3,0

Trading2ez

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