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Audjpyidea

AUDJPY - LONGLong AUDJPY @ 83.23 TP: 85.00 SL: 82.90 Ive decided to go long AUDJPY as the Aussie has been better bid of late and there has been some nice consolidation around this level which will act as support for the trade (around 83.00 level) as well as fibbo support around this level too. US dollar is very week at the moment and therefore AUDUSD should continue to grind higher taking AUDJPY with it. The reason I stay out of AUDUSD and go for AUDJPY instead is incase the US dollar rolls over and stats to rally. If this happens, USDJPY will go bid meaning that JPY weakens further thus giving AUDJPY another reason to breakout. My stop is set just below the 83 level, just for some breathing room. I will need to see a sharp spike below or a daily close below this level before I decide to close out the trade. Lets hear your thoughts below ... Goodluck!
Long
by WhosPipsAreTheseAnyway
6
AUDJPY long trade ideaPlan: wait for the price retracement or bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
AUDJPY long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
3
AUD/JPY BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation! AUD/JPY: Daytrade-Preparation Market-Buy: 81,080 Stop-Loss: 80,700 Point of Risk-Reduction: 81,385 Take-Profit: 81,910 Stop-Loss: 38 pips Risk: 0,5% - 1% Risk-Reward: 2,10 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me!
Long
by Trading2ez
8
AUD/JPY Has Broken ResistanceThis has broken above the previous high and is now retracing back to test it as a support. A long can be entered here if we see the rejection. MACD and EMA's are bullish, especially on the daily timeframe. I have set 2 take profit targets, I originally was only looking to reach TP 2 but that could be too ambitious and who knows what can change in the time it would take to get there. TP 1 is a good target as well and still makes for a good risk/reward ratio.
Long
by olly48
4
AUD/JPY BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a conformation! EUR/USD: Daytrade-Execution Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation! AUD/JPY: Daytrade-Preparation Market-Buy: 80,310 Stop-Loss: 80,000 Point Of Risk-Reduction: 80,525 Take-Profit: 80,860 Stop-Loss: 31 pips Risk: 0,5% -1% Risk-Reward: 1,80 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me.
Long
by Trading2ez
3