Hello my friends,
Today i got trade ideas for AUDJPY pairs.
This pair just came to my forex screener as there are some confirmations that have to be fulfilled for sell postion.
All the confirmations needed are:
1. Price making lower low and lower high
2. Price break below the kumo and holding below it
3. Kumo cloud are red colored
4. Parabolic SAR switched to above the price indicating selling pressure
I am not selling this pair right now as it is not offering a good RR ratio right now
Wait for price to retrace a bit before entering sell
Sell AUDJPY 77.10
Stop loss 77.70
Take profit 1 @76.45
Take profit 2 @75.60
Use only 1-2% risk
Good luck
Today i got trade ideas for AUDJPY pairs.
This pair just came to my forex screener as there are some confirmations that have to be fulfilled for sell postion.
All the confirmations needed are:
1. Price making lower low and lower high
2. Price break below the kumo and holding below it
3. Kumo cloud are red colored
4. Parabolic SAR switched to above the price indicating selling pressure
I am not selling this pair right now as it is not offering a good RR ratio right now
Wait for price to retrace a bit before entering sell
Sell AUDJPY 77.10
Stop loss 77.70
Take profit 1 @76.45
Take profit 2 @75.60
Use only 1-2% risk
Good luck
