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AUDJPY BUY setupThe trade is based on the retest of the blue trendline. So, we have a nice setup here, like I said before the trade is based on the retest of the blue trendline, to support our swing their is a nice zone of support, the 38.2% fibs of the last uptrend, the 23.6% fibs of the last 2years and to add more confirmation to the setup, their is a strong uptrend trendline. For now on i'm not sure if I will take it or not, I will see how it goes for the next fews days. when the Tp1 is hit I ALWAYS put my SL breakeven. I don't usally trade big timeframes like that so let's see! Go check out my profile to more ideas like that! enjoy :) EP---86.4348 SL---85.6190 (81pips) TP1---87.4772 (breakeven) TP2---88.5197 TP3---89.6528
Long
by ATMmachine
1
EURJPY BUY IDEAThis trade is based on the retest of the blue channel. We have the 61.80% fibs of the last retracement, the uptrend channel in yellow of two trendlines, and in our entry point their is a major supply&demand zone and this give us a major support for our little swing. EURXXX is very strong this last few weeks so we trade with the trend and we only buy a retracement of the big move. Enjoy:) and go check out my profile for more ideas! EP---130.4340 SL---130.1843 (25pips) TP1---130.6147 (breakeven) TP2---130.9429 TP3---131.3222 TP4---131.8243
Long
by ATMmachine
1
EUR/AUD SHORT - PARTIAL PROFIT TAKENFX:EURAUD As expected after falling back inside the familiar range the rate pulled back to test the upper boundary and turned around right on the spot at 1.4470. (watch the video on full trade idea here ) As I have closed a part of my initial position and my stop's at break even - I will be looking to scale back in the trade. I will be looking for a pullback towards the possible former broken support as the new resistance at 1.4320-1.4335 and keep targeting the range base at 1.4130
Short
by TradeItSimple