Trading -AUD/USD

Discussion in 'Journals' started by tradingjournals, Oct 29, 2013.

  1. The last report for today that could also move the USD/JPY is the Japan Industrial Production report, due in less than 2 hours (11:30 PM, NY time).

    In the meantime I will continue to watch an old Alfred Hitchcock movie.
     
    #231     Nov 13, 2013
  2. eur/jpy@ 134.25. Adding to it.
     
    #232     Nov 13, 2013
  3. +50 pips on that USD/JPY trade, closing 1/2 of the last half of my position and letting the rest run wild.

    The Yen is on fire tonight, better not fight it!
     
    #233     Nov 13, 2013
  4. eur/jpy @ 134.25. Adding for second time. This time the bulls should be done. I would like to see a chase. If it can remind me hunting with dogs, that would be good.
     
    #234     Nov 14, 2013
  5. Wow, you never quit do you? :)

    Well I am off to bed now, zzzz.....

    [​IMG]
     
    #235     Nov 14, 2013
  6. Visaria

    Visaria

    well done chaps. I exited the audjpy at 93.05, +15 pips

    i couldn't see the resistance you were talking about btw!
     
    #236     Nov 14, 2013
  7. Closed the USD/JPY position at 100.10 (90 pip profit), as some profit taking is about to take place at resistance level, thank you Tokyo :)
     
    #237     Nov 14, 2013
  8. Thanks.

    You did not buy USD/JPY too?? I thought you did, after you asked for a trade recommendation and I replied a few minutes later. Anyway, a profit is a profit.

    Well here it is again, as you probably know once a resistance or support level is broken, its role is reversed, that's why I wrote: "you lucky AUD/JPY trader".
     
    #238     Nov 14, 2013
  9. Here is the chart.
     
    #239     Nov 14, 2013
  10. Short AUD/USD at 0.9320

    Here we have a rather bearish candlestick formation plus a price rejection at important Fibonacci levels.
     
    #240     Nov 14, 2013